Liquid acquires cloud and cybersecurity provider in Egypt
Technology group Liquid Intelligent Technologies is expanding its footprint into the Egyptian market after acquiring Cairo-headquartered technology company Cysiv MEA.
Liquid, with cloud and cybersecurity operations across Africa, the UK, the US and Latin America, will rebrand Cysiv MEA, formerly known as SecureMisr, to 'Liquid C2' to align it with Liquid’s global cloud and cybersecurity identity.
Liquid plans to significantly grow the Egyptian business by tapping into the wealth of local technology talent, making Egypt a key hub for the Middle East and North Africa (MENA) region.
Cysiv MEA specialises in providing enterprise cloud and cybersecurity services to some of Egypt's leading companies, particularly in the financial services sector.
"Since our founding in 2008 as SecureMisr, our mission has been to empower customers with world-class cloud and cybersecurity services and solutions that pre-emptively protect against attacks and loss of digital assets caused by an ever-evolving threat landscape, before it affects the business,” says Cysiv MEA VP of operations Sherif Shaltout.
“We are now in an even stronger position to enable our enterprise customers in Egypt and the MENA region to accelerate their digital transformation, while, at the same time, acquiring more sophisticated tools to deal with ever-increasing threats through our expanded cloud and cybersecurity services portfolio,” he adds.
Liquid recognises the critical role Cysiv MEA plays in the cloud and cybersecurity industry in Egypt and the region,” says Liquid C2 CEO David Behr.
“Our main task as a group is to support them in bringing more cybersecurity tools for our customers as they face an increasingly hostile global threat environment from cybercriminals and nation-State sponsored attackers.”
This will ensure that their business is protected while also meeting the demands for global compliance requirements.
“We will build on the strong market position, experienced leadership, in-depth industry knowledge, world-class team, and customer-centric philosophy that has been synonymous with the Liquid C2 brand,” he concludes.
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