SSH COMMUNICATIONS SECURITY CORPORATION’S SUBSIDIARY KYBERLEIJONA ACQUIRES DELTAGON, A COMPANY SPECIALIZING IN SECURE MESSAGING - Seite 2

Deltagon’s revenue has grown steadily over the long term. The average growth for the past seven years has been 16 percent per annum, and the growth is expected to continue robustly.

Deltagon sells its solutions primarily through its partner network, which currently generates most of the revenue growth. Deltagon has more than 1,800 customers and several million end users globally. Deltagon has offices in Finland, Sweden, and Norway. The company has 26 employees.

A good strategic fit, synergy benefits, and increasing shareholder value

The Deltagon acquisition complements SSH’s product and services portfolio and creates synergies in product development, developing future quantum resistance, and leveraging international sales and marketing channels.

SSH is an international software and solution provider and Kyberleijona Oy is its subsidiary that helps secure national interests with both software and services according to the needs of the public sector. The acquisition strengthens SSH’s position as a provider of critical security solutions to the public sector and helps make SSH a strong key player in providing total solutions for secure communications from email communications and file sharing all the way to super-secure quantum-proof NQX network encryption.

With the acquisition, the SSH group gains new, profitably growing business with a strong position in the domestic messaging security market, new international business, and a wide customer base.

SSH’s CEO, Dr. Teemu Tunkelo, comments:

”This acquisition strengthens SSH’s product portfolio and helps us provide world-class total solutions for our customers to fulfill their critical cybersecurity needs. Deltagon’s Sec@GW product is a natural extension of our encryption product family, and the acquisition gives us access to further interesting products with international growth potential. I wish the entire Deltagon staff warmly welcome as a part of our high-quality cybersecurity software development and deployment team.”

The CEO of Suomen Erillisverkot Oy, Mr. Timo Lehtimäki comments:

”This transaction supports our aim of guaranteeing secure, stable, and continuously improving communications and IT services in all circumstances for the public sector and safety-critical actors. SSH is a strong global company that can both satisfy domestic needs and grow the Deltagon business internationally. Furthermore, we have already worked together with SSH since 2018 with the Kyberleijona joint venture.”