Secode

Secode sold to
NTT Communications

January 2010

Secode: Playing its part in global security – becoming part of NTT Communications

“We are very pleased to be joining the NTT Com Group, one of the largest global ICT solutions providers, and very pleased with the relationship with Stella EOC, which brought us to this point. Stella EOC invested in getting to know our company really well, and with their extensive networks and knowledge they were able to source several attractive options for us worldwide. On the acquirer side, NTT led the transaction directly from Japan, assisted by financial advisers in New York, but the whole execution process was expertly and smoothly managed for us by Stella EOC.”

Trygve Reinertsen, CEO of Secode

Founded

2000

Employees

88

Offers managed security services

24/7

Offices

5

Headquarters

Stockholm, Sweden

Leading provider of Managed Security Services in Northern Europe

Secode – “The Digital Security Company” – provides Managed Security Services for top-tier clients in the private and public sectors, helping them to take charge of their IT security.

It is the leading provider in Northern Europe, with operating subsidiaries in Finland, the Netherlands, Norway and Sweden.

Areas covered include intrusion detection and prevention, vulnerability analysis, log management, managed firewall, and mobile security.

IT security a global concern – Japan-based NTT the right buyer

IT security requires 24/7/365 global capability, and major suppliers are looking to increase their capability, in both scale and skills, to support clients worldwide. For this reason in particular, it was important to look worldwide for potential acquirers that might benefit from incorporating the Secode business.

A thorough process resulted in Stella EOC bringing NTT Communications Corporation (NTT Com), part of Nippon Telephone and Telegraph, Japan’s leading telecoms group, to Secode as a possible buyer. That process has resulted in an excellent match for both companies.


Stella EOC acted as sole advisor to the sellers.