Romania-based security software company Bitdefender has acquired France’s Profil Technology, a press release informs on Tuesday. The acquisition will be the largest in Bitdefender’s 15-year history and it will boost the company’s enterprise revenue and strengthen its position in the European and global markets.
The transaction value was not disclosed.
“Bitdefender’s consolidated positioning in France will help the company grow its share of the French enterprise and consumer markets, with a team of 50 sales and marketing professionals and a French-speaking support organization,” the release also reads.
Bitdefender, present in France since 2001, has rapidly become the leading security vendor in retail, accounting for a third of cybersecurity solutions purchased in-store by home users in France. Bitdefender also protects more than 1 million enterprise terminals across all industries (i.e. public sector, education, health, finance, etc.).
“France is a key focus market for the company’s future. By taking the business in-house, we will be closer to our partners and customers and aim to repeat our success story in the enterprise market, and translate the company’s technical superiority into a commanding position in enterprise sales,” Florin Talpes, Bitdefender’s CEO and founder, stated.
According to him, Bitdefender plans to invest in teams and resources to grow the enterprise business rapidly, and to maintain consumer growth in the French market by increasing the online reach.
Fueled by its latest innovations in IT security technology, Bitdefender has tripled its enterprise sales in the past three years and won the trust of major clients seeking to secure hybrid infrastructures.
In 2016, Bitdefender established a local presence in Italy and Sweden in an expansion strategy that leverages the world’s largest security delivery infrastructure into a significant global presence. Moreover, the company’s partner network membership has more than doubled in the past two years.