Stockholm-based IP consulting firm Zacco has acquired Coimbatore-based Lakhshya Cybersecurity Labs for an undisclosed sum.
Coimbatore:
Menon would continue to work in his capacity post acquisition while Kurup would act as an advisor to the company. “We look forward to influencing and transforming the cybersecurity strategies and operations of organizations globally,” said Menon.
Over the past two years, Lakhshya has worked in niche areas of cybersecurity such as malware analysis, cyber breach investigation, red teaming and Devsecops. “This combination will be able to add significant expertise and value to Zacco and enable the combined entity to address clients’ Digital Asset Protection in a holistic manner,” added Kurup, CEO of Paramount Computer Systems and one of the founders of Lakhshya Labs.
The acquisition, founded by Premchand Kurup and Pradeep Menon in 2017, will help Zacco establish a global cybersecurity Centre in India. “India is today a world-leading hub for advanced digital technology. Lakhshya is adding expertise to our current R&D Centre in Bengaluru and we welcome Pradeep Menon and his team to Zacco,” said Mats Bostrom, CEO, Zacco Group.
Menon would continue to work in his capacity post acquisition while Kurup would act as an advisor to the company. “We look forward to influencing and transforming the cybersecurity strategies and operations of organizations globally,” said Menon.
Over the past two years, Lakhshya has worked in niche areas of cybersecurity such as malware analysis, cyber breach investigation, red teaming and Devsecops. “This combination will be able to add significant expertise and value to Zacco and enable the combined entity to address clients’ Digital Asset Protection in a holistic manner,” added Kurup, CEO of Paramount Computer Systems and one of the founders of Lakhshya Labs.