M&A Deal Summary

Cyderes Acquires Aikya Security Solutions

On October 5, 2016, Cyderes acquired information technology company Aikya Security Solutions

Acquisition Highlights
  • This is Cyderes’ 5th transaction in the Information Technology sector.
  • This is Cyderes’ 3rd transaction in Canada.
  • This is Cyderes’ 2nd transaction in Ontario.

M&A Deal Summary
Date 2016-10-05
Target Aikya Security Solutions
Sector Information Technology
Buyer(s) Cyderes
Deal Type Add-on Acquisition

Target

Aikya Security Solutions

Pickering, Ontario, Canada
Aikya Security Solutions is a provider of IT services to identity and access management initiatives for enterprises including financial institutions, utilities providers and gaming companies, across Canada, Asia & Australia.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cyderes

Kansas City, Missouri, United States
Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

Cyderes is a cybersecurity company, supporting IT security lifecycle products and services. Cyderes delivers SOC 2 Type 2 certified managed security services globally supported by a PCI compliant Security Operations Center (SOC), operated 24/7/365 by certified security professionals. This expertise is coupled with a leadership position across a wide range of functions including consulting, professional services & incident response. Cyderes was formed in 2003 and is based Kansas City, Missouri.

DEAL STATS #
Overall 5 of 9
Sector (Information Technology) 5 of 9
Type (Add-on Acquisition) 5 of 8
State (Ontario) 2 of 4
Country (Canada) 3 of 5
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-03 Sysec LTD

Theale, United Kingdom

Sysec is an IT security solutions provider headquartered in the United Kingdom. Sysec specializes in information, identity and infrastructure security, offering managed, consulting and professional services to over 200 enterprise clients across the United Kingdom and Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-13 SEGMENTECH

Aurora, Ontario, Canada

SEGMENTECH is a cybersecurity services firm specializing in Identity and Access Management (IAM) & Privileged Access Management (PAM) solutions for enterprise customers. SEGMENTECH was founded in 2015 and is based in Aurora, Ontario.

Buy -
Mergr

Product

Company

Legal