KPN strengthens position as the leading security services provider in The Netherlands with the acquisition of cyber security company DearBytes

THE HAGUE, 10-Jan-2017 — /EuropaWire/ — Koninklijke KPN N.V. (“KPN”) has agreed to acquire Dutch cyber security company DearBytes B.V. (“DearBytes”). By acquiring DearBytes, KPN strengthens its position as the leading security services provider in The Netherlands. KPN expects to complete the transaction at the end of January 2017. Financial details will not be disclosed.

Supported by the acquisition of DearBytes, KPN will be able to offer a broader range of high-quality security services to business customers in the Netherlands, especially in the field of secure mobile working, malware protection, monitoring and detection.

Frank van der Post, CCO of KPN: “We notice a rapidly growing customer demand for robust and easily accessible security services against digital threats such as ransomware and phishing. With DearBytes we acquire a company with strong expertise in this field that fits perfectly with our aim to be the best service provider for our customers.”

Protection against malware is the cornerstone of the cyber security strategy of virtually every organization. The DearBytes portfolio comprises products & support, professional services and a security operations center from which prevention, detection and response services can be supplied to customers 24/7.

SOURCE: KPN

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