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ORA Orange.

10.45
0.045 (0.43%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Orange. EU:ORA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.045 0.43% 10.45 10.42 10.50 10.52 10.38 10.395 4,912,488 16:40:00

Orange Acquires Cybersecurity Company SecureLink

07/05/2019 11:55pm

Dow Jones News


Orange (EU:ORA)
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From May 2019 to May 2024

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   By Stephen Nakrosis 
 

French telecommunications company Orange (ORAN) on Tuesday said it entered a deal to acquire cybersecurity company SecureLink from Investcorp for EUR515 million.

Orange said SecureLink, which is based in the Netherlands, is one of the largest independent cybersecurity services providers in Europe. SecureLink has on-the-ground presences in eight European countries representing 75% of the market, Orange said.

SecureLink's senior management will join the global leadership team and help integrate the organizations, Orange said.

The transaction is expected to be completed late in the second quarter or in the third quarter of this year, Orange said.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

May 07, 2019 18:40 ET (22:40 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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