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Wireless

Enea agrees to buy AdaptiveMobile Security

Friday 16 July 2021 | 13:54 CET | News
Swedish company Enea has announced an agreement to acquire AdaptiveMobile Security, which provides security services for mobile networks. The enterprise value of AdaptiveMobile Security amounts to approximately EUR 45 million on a cash and debt-free basis. Enea estimates that AdaptiveMobile Security will have sales of approximately EUR 17 million for the full year 2021, with an EBIT margin in 2022 that will be close to Enea's operating margin target.

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Categories: IT / Mobile & Wireless
Companies: Adaptive Mobile / AdaptiveMobile / Enea
Countries: Ireland / World
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