Cisco partner Conscia acquires Danish cybersecurity firm Credocom

Conscia has acquired one of the largest cybersecurity firms in Denmark in a move to become "the preferred cybersecurity partner" in the country.

Cisco partner Conscia has entered into an agreement to buy Credocom, a cybersecurity firm based just north of Copenhagen.

Conscia CEO Claus Thorsgaard told CPI that Credocom is the leading partner of network security vendor Palo Alto Networks in the Danish market.

Its vendor line up also includes HPE Aruba, Proofpoint, Infoblox, VMware, Rubrik and Cisco.

Credocom has annual revenues of around €25m and roughly 40 staff.

Conscia says the acquisition will help it to become the preferred cybersecurity partner in the Danish market. Credocom will strengthen Conscia's security competencies and solution offering and add to its existing security operations centre (SOC) capabilities.

"With the acquisition of Credocom, we will significantly increase the value of our security offer to our common customers. We are simply getting stronger on the very basic availability and stability of customers' IT setup both in the datacentre, in the network and on customers' 'endpoints. 

"The solutions and competencies that Credocom comes with fit in very well with our other strong technologies and offering," said Consica Denmark's CEO Mette Louise Kaagaard.

Director of Credocom Thomas Grønne will stay on to lead Conscia's cybersecurity business in Denmark.

"In recent years, Credocom has grown to become a reputable specialist in IT security. We come with a solid customer portfolio and a high level of competence. I have long had ambitions to further accelerate our position in the market, and that can now happen with Conscia," he said.

"As the future director of the security business in Conscia, I am very much looking forward to our further journey together. I am confident that with our combined knowledge, credibility and experience, we can support customers even better, both tactically and strategically in relation to the ever-changing threat environment. "

Denmark-based Conscia is one of the largest specialised Cisco integrators in the European market. The firm has been actively acquiring within Cisco's partner community to broaden its footprint in Europe, buying up nine firms in the last five years.

It acquired German partner xevIT as well as Slovenian player NIL last year, ramping up its reveues to around €340m and 700 employees.

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