How Comibatore’s Lakhshya Cyber Security Labs caught the eye of Stockholm-based Zacco
24 April 2019 1:01 AM GMT
The 150-year-old Stockholm-based Zacco, a consultancy-driven intellectual property software firm, has acquired Coimbatore-based cybersecurity startup Lakhshya in an all-cash deal. The startup will now serve as the cybersecurity R&D Centre of Excellence for Zacco India R&D.
- The Centre of Excellence will focus on developing state-of-the-art solutions and services in the area of malware analysis, threat hunting and intelligence, managed security operations centre monitoring and response, security incident investigation, breach response support, smart city security, devsecops, and smart grid security, leveraging its capability in artificial intelligence, and machine learning.
- This combination will be able to add significant value to Zacco, and enable the combined entity to address the clients' Digital Asset Protection in a holistic manner.
- We plan to grow this team significantly over time, and will continue to build on our existing offerings, both organically and inorganically."Explaining why Zacco chose to acquire Lakhshya Labs, Ravi said India is currently growing into a big technology R&D hub.
- This opportunity enables us to rapidly accelerate our research and development initiatives, expand our 24x7 managed services offerings, build new competencies and solutions, and become a cybersecurity R&D Centre of Excellence for Zacco," says Pradeep.
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