Leonardo has confirmed the acquisition of Axiomatics AB, a Swedish cybersecurity firm specialising in dynamic entry management, as a part of its ongoing effort to increase its presence within the European cybersecurity market, based on a press launch.
The Stockholm-based agency, based in 2006 and likewise energetic in North America, gives platforms that help Zero Belief cybersecurity architectures via Attribute-Based mostly Entry Management (ABAC).
This strategy, they are saying, allows fine-grained, dynamic entry selections and is designed to fulfill the safety necessities of mission-critical sectors resembling defence, public businesses and infrastructure suppliers.
Leonardo described the acquisition as a “additional step consolidating the corporate’s place of management in Trusted Cyber Safety and contributing to Europe’s digital autonomy.” The deal follows a sequence of current strategic strikes by Leonardo within the area, together with a partnership with Denmark’s Arbit, the acquisition of a 24.55 % stake in Finland’s SSH Communications Safety Company, and an funding in Swedish start-up CanaryBit.
The corporate acknowledged that Axiomatics’ providing strengthens its World Cybersecurity Platform and enhances its potential to ship complete “cyber observability” via the Zero Belief mannequin, which requires steady verification of system, community, and information entry. Leonardo mentioned this mannequin is meant to proactively deal with more and more refined cyber threats.
The acquisition stays topic to regulatory clearance, together with scrutiny by Swedish authorities below international direct funding (FDI) guidelines as a consequence of Axiomatics’ relevance to the defence sector. Leonardo was suggested by PwC on the transaction.
As soon as accomplished, the corporate mentioned, the mixing of Axiomatics into Leonardo’s cybersecurity portfolio and international gross sales community will place it to pursue new market alternatives and generate worth for patrons and companions worldwide.