QinetiQ and Nexor Announce Strategic PartnershipQinetiQ and Nexor announce a strategic collaboration that creates an exceptional sovereign cyber security capability and partnership. The first step in the collaboration will enable both partners to offer each other's products and thereby immediately enhance the range of threats that each company's portfolio addresses.
Subsequently, Nexor and QinetiQ will deploy their individual strengths to expand the portfolio as a complementary and unified range of products and services designed to offer the market a unique and highly effective response to the continually evolving cyber threat.
Global SaaS-based IT Security Market 2016-2020
Alasdair Rodgers, Managing Director for QinetiQ's Cyber Security division comments: "QinetiQ believes that its SyBard secure data Gates and Guards is a fundamental component in the design of secure and resilient information infrastructures. By partnering with Nexor and combining the resources and development effort of both companies we will be able to provide a stronger, more flexible and innovative UK sovereign capability in this space; one that is better positioned to enable our customers to pro-actively protect UK PLC from existing and future threats in cyber space."
Steve Kingan, CEO at Nexor adds: "No single party can address all aspects of the cyber threat to UK PLC. We are delighted to be partnering with QinetiQ, whose cyber surveillance and protection offerings represent an essential part of UK national security. We have no doubt that this synergistic partnership brings a unique capability to the marketplace that will be of major benefit to government and industry enterprises in their defence of the cyber threat."
Source : QinetiQ Group plc (LSE: QQ.L)