CHESEAUX, Switzerland and PHOENIX, Jan. 17, 2017 /PRNewswire/ -- The Kudelski Group (SIX:KUD.S) today announced the acquisition of Dallas-based M&S Technologies, Inc. (M&S), a specialist provider of cyber and network security solutions. M&S will be added to its rapidly growing division, Kudelski Security - trusted cybersecurity innovator for the world's most security-conscious organizations - broadening its capabilities with proven technology and senior staff, while adding marquee clients as it further expands coverage across Texas and the south central United States. M&S has a strong reputation for developing advanced network security architectures and solutions enabling particularly effective cyber defenses.
Following Milestone Systems – based in Minneapolis – in 2016, M&S is a new cybersecurity company acquired by the Kudelski Group in the U.S. In August, Kudelski Security established its U.S. headquarters in Phoenix where it will also unveil a state-of-the-art Cyber Fusion Center in the coming months.
André Kudelski, Kudelski Group Chairman and CEO, said: "Providing global cybersecurity solutions is a strategic part of the Group's future growth. To achieve our goals, we have a multi-dimensional approach, including technological excellence and geographic expansion. The addition of M&S broadens our technical capabilities and provides us a strong foothold in the south central region of the U.S."
Kudelski Security's integrated solution portfolio includes high impact advisory services, encompassing: technology solutions, implementation and training services, next generation managed security services, IoT security, custom research and development capabilities. The M&S acquisition enhances Kudelski Security's technology solutions and services business with expanded partnerships and additional service and support resources.
Rich Fennessy, CEO of Kudelski Security, noted: "Cybersecurity initiatives need to continue to grow at a rapid pace in the U.S., in Europe and around the world. To address these needs, Kudelski Security is expanding its reach, products, services and professional resources to quickly bring its brand of cybersecurity solutions to new markets and new clients. We look forward to leveraging M&S capabilities and resources to deliver optimum security to clients in this important region of the U.S. and beyond."
M&S co-founders Sean Stenovitch and Mark Miller said: "M&S was founded on a desire to help clients find and deploy solutions to secure their data and systems and we have grown into a business with tremendous client satisfaction. We're excited to join forces with Kudelski Security and bring new capabilities to our markets – products and services our clients have been asking for – to improve security and decrease risk."
André Kudelski, Kudelski Group Chairman and CEO, added: "Establishing a local presence in Texas for cybersecurity is important for us. We highly value the M&S team that will continue to serve its client's base from Texas as well as new clients nationwide."
About the Kudelski Group
The Kudelski Group is listed on the Swiss Stock Exchange (SIX:KUD:S). It is a world leader in digital security; its technologies are used in a wide range of services and applications requiring access control and rights management to secure the revenues of content owners and service providers for digital television. The Group also offers cyber security solutions and services focused on helping companies assess risks and vulnerabilities and protect their data and systems. The Kudelski Group is also a technology leader in the area of access control and management of people or vehicles to sites and events. The Kudelski Group is headquartered in Cheseaux-sur-Lausanne, Switzerland, and Phoenix (AZ), USA. For more information, please visit www.nagra.com.
About Kudelski Security
Kudelski Security is the premier advisor and cybersecurity innovator for today's most security-conscious organizations. Our long-term approach to client partnerships enables us to continuously evaluate their security posture to recommend solutions that reduce business risk, maintain compliance and increase overall security effectiveness. With clients that include Fortune 500 enterprises and government organizations in Europe and across the United States, we address the most complex environments through an unparalleled set of solution capabilities including consulting, technology, managed security services and custom innovation. For more information, visit www.kudelskisecurity.com.
About M&S Technologies, Inc.
M&S Technologies is a provider of information security solutions, enabling clients to manage information security risks while ensuring compliance requirements. M&S assess customer's existing environments and builds comprehensive plans, processes, and policies to mitigate and control information security risks. M&S strives to provide best of breed solutions to its customers with vendor consideration factors such as quality of solution, ease of use, end-user support and channel strategy. M&S was founded in 2004 and is based in Dallas, Texas.
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SOURCE Kudelski Security