Tuesday 03 December 2019

HelpSystems buys Clearswift

ClearswiftFurther consolidation in the cybersecurity market as US-HQ’d HelpSystems acquires Clearswift, a UK-based content threat protection software company. No details of the deal have been released.

HelpSystems has some 18,000 customers supported out of 25 offices globally (including in Fleet) and has a portfolio already spanning Robotic Process Automation (RPA), Document Management, Business Intelligence and Enterprise Workload Automation among other things. It is expanding its cybersecurity portfolio adding Clearswift’s content inspection capabilities which scans information as it enters or leaves an organisation, allowing data to be securely transmitted via email, or other web-based methods. There is clear potential to cross and up sell to both sets of existing customers.

Mergers and acquisitions continue to ramp up in this space. The last 12 months has been a very buoyant period for cyber security M&A in all segments of the market, pointing to the fact that a long overdue consolidation of a diverse supplier landscape is finally underway. Larger firms have always been on the lookout for innovative start-ups in the pursuit of both IP and cyber skills as well as products, services and customer bases and HelpSystems will hope Clearswift fits the bill. 

Posted by: Marc Hardwick

Tags: acquisition  

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