What Fastweb will do with 7Layers in cybersecurity

1 October 20204 years ago babelfish

Fastweb acquires 70% of 7Layers: here are the accounts and owners of the company active in cybersecurity

Shopping day for Fastweb. The telecommunications company strengthens its cybersecurity with the purchase of 70% of 7Layers and is ready to offer new services to corporate customers.

What does 7Layers do? What are the accounts of the acquired company? And what changes for Fastweb? All the details.

THE PURCHASE

Fastweb has acquired 70% of 7Layers, an IT security services company , with the intention of continuing the strategy of constantly strengthening the cybersecurity offer.

WHO IS 7LAYER

7Layers is a company founded in 2012 in Florence. It provides, the site reads, cybersecurity solutions in combination with managed detection and response services across all industries including: enterprise, financial services, manufacturing, strategic assets, energy, legal and many more. 7Layers, for four consecutive years, from 2017 to 2020, was included by the Financial Times in the ranking of the 1,000 “fastest-growing companies” at European level.

THE TOP

The company, with a share capital of 200,000 euros, wholly owned by the group of the same name, is chaired by Riccardo Baldanzi and led by the managing director Fabrizio Rosina: Baldanzi and Rosina jointly control the company that owns 7Layers.

THE NUMBERS OF 7LAYERS

7Layers closed 2019 with a production value of € 7,931,759, up from € 5,982,525 in 2018. Profit was € 173,541, down from € 224,680 in 2018. Production costs have attested to 7,672,788 euros.

WHY FASTWEB HAS ACQUIRED 7LAYERS

Thanks to the purchase, Fastweb will be able to offer Enterprise customers some additional services, fully covering their needs for protection and security against cyber threats. In particular, the Tlc company will offer “advanced Threat Management and Threat Intelligence solutions, the most innovative and fast growing area of Security, of which 7Layers is the leader”. The services allow "to significantly increase the level of protection of the corporate IT thanks to a preventive approach and the ability to manage and mitigate the most advanced attacks (Managed Detection and Response)".

OBJECTIVE: POSITIONING OF INFRASTRUCTURED OTT

Fastweb's goal is to position itself on the market as an Infrastructure Ott, also in the area of Cyber Security, an increasingly important component for corporate customers. The recent acquisition of Cutaway, a company specializing in Cloud services, and the investments in technology and infrastructure, which in the first half of 2020 alone reached 276 million euros also contribute to this objective.

This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/che-cosa-fara-fastweb-con-7layers-nella-cybersecurity/ on Thu, 01 Oct 2020 06:36:41 +0000.