Pradeo buys out rival to become global cybersecurity giant

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The Montpellier startup Pradeo has acquired Yagaan, a company based in Rennes. It displays its ambition to build a world champion in cybersecurity.

Pradeo buys out rival to become global cybersecurity giant

This is a new very nice move made by Pradeo. The Montpellier nugget, specializing in mobile cybersecurity, has just acquired Yagaan, a Rennes company, for an undisclosed sum. The idea is to extend the startup's offer to businesses.

Pradeo wants to become a global cybersecurity giant

By getting their hands on Yagaan, Pradeo carries out a promising operation. As our colleagues Les Échos explain, the Breton company has a dozen experts who work on critical data, in particular financial and medical information. Enough to require optimal protection, right from the development of the solutions.

This acquisition will therefore allow Pradeo to offer secure mobile applications to companies from their design. Clearly, developers will be notified in advance, when a security breach is identified in their source code.

Thanks to this acquisition, Pradeo, which now has 60 employees, can aim even higher. Clément Saad explained it to Midi Libre: “ Our goal is to enable Europe to own a cybersecurity giant on a global scale. For the moment, only the Americans present application suites that meet several needs in the same field. This is our ambition.

According to him, there was also a real logic in this operation which he made a point of specifying to Échos: ” If the actors French mobile cybersecurity companies do not consolidate among themselves, each will remain small. In its area of ​​excellence. We must be able to offer integrated solutions to application developers, auditors, device manufacturers, and other cybersecurity players… »

Pradeo has very prestigious clients

And the start-up, which has a partnership with the Korean giant Samsung, has a large number of projects that it hopes to develop in the future. The regional daily cites in particular the extension of cybersecurity to web pages, and the possibility for individuals to directly call on Pradeo's services.

We can also specify that the mobile fleet protection solution Pradeo Security is integrated with the main UEMs (unified device management Editor's note): BlackBerry UEM, IBM MaaS360, FAMOC, MobileIron, Microsoft Azure (Intune), SOTI and VMware Workspace ONE (AirWatch).

Finally, let's remember that Pradeo has also convinced prestigious organizations in France and in particular: Sanofi, Bouygues Telecom, EDF, Société Générale, or even the Ministries of Defense and Foreign Affairs. The addition of Yagaan's skills should allow it to complete its offer, and to be able to attract new customers.

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