Exclusive bolsters services depth with Cloudrise buy | Microscope
Summary
Although the firm has a delivery centre in the UK, its heritage is on the other side of the Atlantic, and the attraction of bolstering Exclusive’s US operations was another factor in the deal. The plan is to continue to run Cloudrise under its own branding but provide the business with the opportunity to tap into the Exclusive portfolio and extend the security technologies it can offer. Jesper Trolle, CEO of Exclusive Networks, said the deal – the terms of which were not disclosed – would give the US business a boost, but also benefit its operations further afield. “The acquisition of Cloudrise is another important step in our growth strategy in the United States, and will significantly strengthen our global service capabilities in high-growth security segments, and in particular in SASE and DSPM,” he said. “By combining Cloudrise’s industrial know-how, solid technical expertise and proven distribution service delivery model with Exclusive Networks’ global network of vendors, partners and geographic reach, we are strengthening our leading position as the trusted cyber security specialist, delivering high value-added services worldwide,” he added.