Company news
WHAT HAPPENED
Integrity360 acquired CyberIAM, a Chester-based identity security specialist founded in 2016. The deal adds 120 employees and approximately €18 million in annual revenue to Integrity360, bringing the combined group's revenue run rate to about €230 million with 900 staff across three continents.
WHO IS INVOLVED
Integrity360, an Irish-founded cyber security group backed by August Equity, acquired CyberIAM led by Chief Executive Officer Michael Ribaudo. CyberIAM operates from Chester, London and Cape Town, serving customers in financial services, retail, healthcare, insurance, energy, legal and public sector organisations.
WHY IT MATTERS
Identity management has become central to cyber security strategy as companies deploy more automated systems and artificial intelligence tools, requiring tighter access controls across human and machine identities. The acquisition strengthens Integrity360's identity governance, privileged access management and related services capabilities, positioning it to help enterprises manage the security risks of expanding AI adoption.
- Type
- Acquired
- Category
- IAM
- Source
- itbrief.asia ↗
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