Techstep has entered into an agreement to acquire Wizor AS, a Nordic supplier of encrypted and secure solutions for mobile phones, tablets and other mobile devices.
"Mobile technology provides companies with great opportunities. Employees who can work across mobile devices and locations are more productive. Techstep's mobile solutions are tailored to service this market, and our customers mainly focus on two aspects: simplicity and security. This acquisition provides us with a market-leading, secure solution for mobile units", said Jens Haviken, CEO of Techstep. "The acquisition enables us to provide the most demanding customers with the most advanced secure solutions", added Haviken.
The acquisition is in alignment with Techstep's strategy to become a leading enabler of the digital workplace in the Nordic region. BlackBerry UEM is the leading and the most secure Enterprise Mobility Management (EMM) solution on the market, according to the international IT research and advisory company Gartner Group's most recent report on mobility and security. SecuSUITE is an encrypted secure speech and data solution for mobile phones and tablet computers, certified by NSM and NATO (up to a defined level). With BlackBerry and SecuSUITE in its portfolio, Techstep will have a complete range of products which addresses the most rigorous security requirements. Wizor, which was established in 2002 and has offices in Oslo and Stockholm, has long experience with mobile unit control, encryption and IT security solutions for mobile platforms.
Through agreements with BlackBerry and Secusmart in Norway, Wizor has secured access to unique, world-leading encryption technology and certified secure solutions and applications used by governments, as well as armed forces and police in several countries.
Although the company has only six employees, Wizor has several large customers who are subject to legal requirements and specific considerations with regards to protection of information, including the Oslo Stock Exchange, the Courts, and Rolls Royce Marine. The company had a turnover of NOK 13 million in 2017 and is experiencing robust demand in a market with considerable growth. "We are experiencing a strong demand for simple, integrated mobile solutions from customers with high security requirements, but to be able to service a growing and demanding customer base, it is now time to industrialise our operations and become part of a larger company. With their sharp focus on mobile solutions, Techstep is a forward-thinking company with a unique customer base. We are looking forward to taking advantage of the opportunities that will open up when we join Techstep", said Morten Holter, CEO of Wizor.
Further information from:
Morten Holter, CEO, Wizor AS, 484 02 041
Jens Haviken, CEO, Techstep ASA: +47 930 90 070
Marius Drefvelin, CFO, Techstep ASA: +47 958 95 690