Nexus strengthens its position in cyber through acquisition of SightLabs
Nexus International has acquired a majority stake in the Amsterdam-based cyber security software company SightLabs, which is a spin-off of TNO. The acquisition marks an important step in the development of cyber security tools in the Netherlands which will be rolled out more widely. SightLabs’ software protects against the damaging impact of sophisticated and targeted cyber attacks. When it comes to AI and machine learning, SightLabs has already had several successes in identifying, isolating and neutralizing cyber threats to information flows in multi-site businesses.
Sightlab started off as part of TNO’s TechTransfer program. The goal of this program is to bring innovative technologies to market, together with the industry, to serve business and society. TNO will keep a minority stake in SightLabs.
The addition of SightLabs’ technology portfolio and expertise underlines Nexus International’s ambition to further enhance the performance, power and protection of company information. In doing so, they focus on how information is transmitted, where it goes and how it supports a company’s business goals.
Strong base for innovation
“We are thrilled to build on the base laid by SightLabs and TNO. We look forward to strengthen our partnership and create even more innovative and valuable services,” says Olaf Hasker, Managing Director of Nexus International.
“This agreement between TNO, SightLabs and Nexus International marks another promising step in bringing new cyber security technology to market,” adds Berry Vetjens, Director Market of TNO’s ICT research unit. “We are committed to work with industry towards a more cyber-secure environment. And we look forward to working with Nexus International on extending and improving our cyber security technology portfolio even further”.
Dimitri Hehanussa, founder of SightLabs: “This acquisition is a major step in the company’s development. Nexus International has a proven track record in developing software and building valuable scalable SaaS solutions. The acquisition enables SightLabs to gain a stronger foothold in the Dutch cyber security landscape.”
About Nexus International
Nexus International is a holding company of businesses specializing in Performance & Security Monitoring and Management, including NetDialog and MeasureWorks. The company’s house-of-brands approach allows its businesses to grow independently while taking advantage of synergy effects.
Olaf Hasker, Managing Director
T: +31 6 10 52 57 36 | E: email@example.com
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