Sweden-based Pointsharp, a cybersecurity options supplier, introduced on Thursday, August 10, that it has acquired Germany-based id administration specialist SIVIS to solidify its presence within the German market.

Pointsharp says that the  acquisition will contribute to its progress journey and helps the corporate enhance its arsenal of cybersecurity merchandise. 

The merger can be anticipated to permit Europe to realize information sovereignty as many organisations nonetheless depend on suppliers exterior the area.

Niklas Brask, managing director at Pointsharp, highlights the significance of the merger as the corporate is quickly creating.