Accumuli Security has completed the acquisition of RandomStorm for £8.9 million.
Accumuli, a specialist in IT security and risk management has acquired the west Yorkshire-based integrated information security specialist, to compliment and strengthen Accumuli’s solutions and services framework.
Gavin Lyons, CEO of Accumuli, said: “RandomStorm is a business which has excelled in providing market leading integrated information security solutions and services to help its customers manage IT risk and implement security best practice. Their expertise and experience in IP creation and security services will add tremendous value to our business and our customer intimacy strategy.
“As a business we remain focused on helping our customers manage IT risk and leveraging their IT assets – we are particularly excited about utilising the IP that has been created, and combining vulnerability management, penetration testing, compliance and audit services with our 24x7x365 Security Operation Centre, to offer our customers a true end-to-end managed service.”
In a statement sent to IT Security Guru, Andrew Mason, co-founder and technical director of RandomStorm said: “Accumuli’s mission is totally aligned with our own: to become the premier independent specialist in IT security and risk management in the UK market. We are delighted to become part of the Accumuli Group.
“RandomStorm’s customers will immediately benefit from being served by a company with 170 UK-based employees and a 24 x7 security operations centre. RandomStorm employees will join a publicly listed company with three times the staff resource and a broader portfolio of technology, professional services, training and managed services.
“In addition to its headquarters in Basingstoke, Accumuli already has an office close to our own R&D centre in Leeds and will be maintaining our offices in Glasgow and London. We are looking forward to starting the new year and bringing reinforced technical, professional and product resource to existing and new customers.”