DGAP-News: secunet Security Networks AG / Key word(s): Mergers & Acquisitions
secunet acquires stashcat and focuses on secure messaging and video conferencing
[Essen, 10 May 2021] Last Friday, secunet Security Networks AG signed an agreement to acquire Hannover-based stashcat GmbH. stashcat enables secure, DSGVO-compliant messaging with integrated file storage and video conferencing functionality. More than one million users already use stashcat.
"It is hard to imagine our everyday life without messenger apps. In contrast to other messengers, stashcat clearly focuses on security and data protection - this is an excellent match for secunet's requirements and those of our customers," explains Axel Deininger, CEO of secunet. "With the acquisition of stashcat, we are creating an additional offering for secure and flexible communication and collaboration in companies, administration and security authorities such as the police."
"We are pleased to have found a strong partner in secunet, who wants to continue stashcat's successful history together with us," comments stashcat CEO Christopher Bick.
The acquisition adds another building block to secunet's powerful cyber security portfolio: For companies and public authorities, stashcat offers a genuine, DSGVO-compliant alternative to established messengers and file repositories such as WhatsApp and Dropbox.
secunet - Protecting Digital Infrastructures
More than 700 experts strengthen the digital sovereignty of governments, businesses and society. secunet's customers include German federal ministries, national and international organizations and more than 20 DAX-listed corporations. The company was established in 1997, is listed in the Prime Standard segment of the Frankfurt Stock Exchange and generated revenues of around 285 million euros in 2020.
secunet is IT security partner of the Federal Republic of Germany and a partner of the Alliance for Cyber Security.
Further information can be found at https://stashcat.com/
10.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
secunet Security Networks AG
+49 (0)201 - 5454 - 1227
+49 (0)201 - 5454 - 1228
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
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