Kiteworks Acquires Email Encryption Leader Totemo

Jan 11, 2022•over 3 years ago

Acquiring Company

Kiteworks

Acquired Company

Email Encryption Leader totemo

San MateoSoftware

Description

Kiteworks, which governs and protects sensitive digital content moving within, into, and out of global enterprises, announced today its acquisition of totemo, the leading email encryption gateway provider used by hundreds of the largest multinational enterprises in the German, Austrian, and Swiss markets.

Company Information

Company

Kiteworks

Location

San Mateo, California, United States

About

Kiteworks’ mission is to empower organizations to effectively manage risk in every send, share, receive, and save of sensitive content. To this end, we created a platform that delivers content governance, compliance, and protection to customers. The platform unifies, tracks, controls, and secures sensitive content moving within, into, and out of their organization, significantly improving risk management and ensuring regulatory compliance on all sensitive content communications.

Related People

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed