Orange in the process of acquiring Lexsi to strengthen its cybersecurity division

by bold-lichterman

Orange has announced that it has entered into exclusive negotiations with the management company Argos Soditic with a view to the acquisition of Lexsi, a French IT security consulting and auditing company. The transaction, the amount of which has not been communicated, should be completed during the second quarter of 2016.

Based in Bagnolet, Lexsi employs more than 170 experts gathered around four poles – audit, advice, training and CERT (Computer Emergency Response Team) – and claims more than 400 customers, including the Ministry of Defense and that of the Economy, Inpi, Société Générale or even Veolia and EDF. With offices in Lille, Lyon, Tunis and Montreal, Lexsi achieved a turnover of 14 million euros over its 2014 financial year, for net income of € 1.2 million.

“This acquisition would represent a new important step in the development of Orange Cyberdefense, a subsidiary of Orange Business Services, by adding new skills and capacities to its portfolio and by strengthening its position as the French leader in cyberdefense and as a major player in Europe, ”said Orange in its press release. The Orange Cyberdefense branch claims for its part, more than 1,000 experts.