03 April 2023
Liquid Intelligent Technologies has acquired Cysiv MEA, which specialises in providing enterprise cloud and cybersecurity services to some of Egypt’s leading companies, particularly in the financial services sector.
The acquisition enables Liquid to bring some of the best global cloud and cybersecurity products to the Egyptian market. The organisation will rebrand Cysiv MEA to ‘Liquid C2’ to align it with its global cloud and cybersecurity identity. Liquid plans to significantly grow the Egyptian business by tapping into the wealth of local tech talent, making Egypt a key hub for the Middle East and North Africa (MENA) region.
“Since our founding in 2008 as SecureMisr, our mission has been to empower customers with world-class cloud & cyber security services and solutions that pre-emptively protect against attacks and loss of digital assets caused by an ever-evolving threat landscape, before it affects the business,” said Sherif Shaltout, VP of operations, Cysiv MEA. “We are thrilled to be joining the Liquid family and to be part of an industry-leading brand like Liquid C2. We are now in an even stronger position to enable our enterprise customers in Egypt and the MENA region to accelerate their digital transformation whilst at the same time acquiring more sophisticated tools to deal with ever-increasing threats through our expanded cloud and cyber security services portfolio.”
“Liquid recognises the critical role Cysiv MEA has been playing in the cloud and cyber security industry in Egypt and the region. Our main task as a group is to support them in bringing more cyber security tools for our customers as they face an increasingly hostile global threat environment from cybercriminals and nation-state sponsored attackers. This will ensure that their business is protected whilst also meeting the demands for global compliance requirements,” said David Behr, CEO, Liquid C2. “We will build on the strong market position, experienced leadership, in-depth industry knowledge, world-class team, and customer-centric philosophy that has been synonymous with the Liquid C2 brand.”