Security Market Segment LS
Tuesday, 09 July 2024 11:06

Telenor Cyberdefence acquires Combitech

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Telenor Cyberdefence acquired the Norwegian operation of Swedish security company Combitech (formerly Watchcom Security Group) to bolster its expertise in the cybersecurity sector.

The deal comes just a month after Telenor established Telenor Cyberdefence.

The agreement will see the appointment of Norwegian Combitech business CEO Anders Thulin Røkke as Telenor Cyberdefence chief operation officer.

The parties did not disclose the value of the transaction.

Combitech’s Norwegian unit is based in Oslo, and is operated by just over 20 employees. It provides services in security consulting, penetration testing (authorized simulated cyberattack), and cloud-based monitoring and response.

Combitech’s security experts will work closely with Telenor Cyberdefence to add expertise and expand its customer base.

"Through the merger with Telenor Cyberdefence, we get the opportunity to become part of one of Norway's leading security environments and contribute to building a strong position in the market. The threat landscape is constantly changing, and we are convinced that together we will be able to offer our customers even better security services and support," says Combitech CEO Anders Thulin Røkke.

This first appeared in the subscription newsletter CommsWire on 8 July 2024.

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Kenn Anthony Mendoza

Kenn Anthony Mendoza is the newest member of the iTWire team. Kenn is also a contributing writer for South China Morning Post Style, and has written stories on Korean entertainment, Asian and European royalty, Millionaires and Billionaires, and LGBTQIA+ issues. He has been published in Philippine newspapers, magazines, and online sites: Tatler PhilippinesManila BulletinCNN Philippines LifePhilippine StarManila Times, and The Daily Tribune. Kenn now covers all aspects of technology news for iTWire.com.

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