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Beyon unit buys majority stake in leading cybersecurity firm | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #ransomware


UAE – Beyon Cyber, part of the Beyon Group, has agreed to acquire a majority stake in DTS Solution, a leading regional Cyber Security Advisory, Consulting, and Engineering firm headquartered in Dubai.

The deal was signed by Beyon Chief Digital Growth Officer Shaikh Mohamed bin Khalifa Al Khalifa and DTS CEO Vahe Daghlian, during a ceremony which took place at the Beyon Campus in Hamala, Bahrain.

DTS Solution, established in 2011, is a leading cybersecurity provider, offering various advanced services and solutions to combat cybercrime and uplift compliance through its team of highly certified cybersecurity experts. Beyon Cyber is a cybersecurity provider operating the largest private sector CSOC (Cybersecurity Operations Centre) in Bahrain, and offering advanced end-to-end cybersecurity solutions, with managed services and advisory to organizations across Bahrain and the region.

The acquisition of DTS Solution will support Beyon Cyber’s strategic plans to expand its geographical footprint and portfolio of cybersecurity offerings, to ensure the delivery of industry leading cybersecurity products and services that address the challenging security needs.

Shaikh Mohamed said: “This is an important milestone for Beyon Cyber that supports its vision of becoming a global cyber security player, and also represents a major step in Beyon’s wider regional expansion strategy.

“The acquisition of DTS will enable Beyon Cyber to bring additional cybersecurity capabilities to its growing base of customers across the Middle East region and beyond.”

Beyon Cyber CEO Dr Shaikh Khalid bin Daij Al Khalifa said: “We are excited by this acquisition, as DTS’s proven track record helps realise our ambition for regional expansion and brings world class expertise to our customers. Through our combined strength of over 60 cybersecurity experts, world leading technology partners, and unique managed services, our customers now have access to a wide range of cybersecurity services such as advisory and consultancy, security solutions, cyber defense services, OT security and FinTech security among others.”

Daghlian, speaking following the signing, said: “DTS Solution is delighted to join hands with Beyon Cyber through this transaction, which will see our unique cybersecurity value proposition reach a wider base of customers and new markets.”

“Our vision has always been to create value and deliver laser-focused cybersecurity services and solutions, helping our clients improve their risk posture and strengthen their defenses against cyber-attacks. We look forward to continuing with our journey, working with Beyon Cyber in serving the growing needs of the industry, which is experiencing a huge shift through digital transformation, in the region and further afield,” he added.

The Beyon Group of companies is focused on creating an international, thriving, and diverse portfolio that spans across a variety of sectors, including financial services, IT Solutions, Govtech, cybersecurity and more. 

Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).

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