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Open Systems Acquires Tiberium For Automation And Collaboration Technology To Mitigate Cyberthreats With Greater Speed And Accuracy

Nov 29, 2022•about 3 years ago

Acquiring Company

Open Systems

Acquired Company

Tiberium

ZurichNetwork SecurityCyber SecuritySecurityNetwork SecurityCyber SecuritySecurityInformation TechnologySoftware

Description

Open Systems, a leading provider of next-gen managed detection and response (MDR) services and winner of the 2022 Microsoft Security MSSP Partner of the Year award, today announced its acquisition of Tiberium, a U.K.-based provider of highly automated managed security services based on Microsoft security solutions. Open Systems will leverage Tiberium’s advanced automation and collaboration capabilities to help customers prioritize, decide and act on reducing their risk and mitigating cyberthreats faster than ever before.

Company Information

Company

Open Systems

Location

Räffelstrasse 29

Zurich, Zurich, Switzerland

About

Open Systems is a leading provider of native Managed SASE solutions, converging network and security functions on a cloud-native platform. Founded in 1990, the Swiss cybersecurity company, headquartered in Zurich, supports businesses and organizations in more than 180 countries with a holistic, customer-centric service model that guarantees 24x7 expert support. The combination of an innovative platform, integrated solutions, and excellent service ensures secure, reliable, and worry-free network operations – even within the complex IT infrastructures of global manufacturing companies and NGOs.

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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