An Exclusive presence in ‘Silicon Wadi’ and new access to another key EMEA market add to the global advantages of acquiring one of Israel’s leading independent cybersecurity VADs
PARIS & TEL AVIV, ISRAEL-Tuesday 19 February 2019 [ AETOS Wire ]
(BUSINESS WIRE)--
Exclusive Group, the value-added services and technologies (VAST)
group, today announced it is acquiring SecureWave, one of Israel’s
leading independent cybersecurity VADs. The move adds another advanced
economy to the worldwide market penetration of the Exclusive Group,
establishes an in-country presence within one of the world’s most
significant innovation hubs, and expands the Group’s service reach to
the benefit of its global customers and partners.
“This
acquisition is about more than just filling in the gaps of our EMEA
footprint – it represents a fantastic opportunity to tap into a
significant new local market and use our in-country presence to extend
relationships with Israeli-based technology innovators,” said Olivier
Breittmayer, CEO at Exclusive Group. “In SecureWave we feel we have
identified a like-minded VAD business with a committed and successful
team who understand value. And as well as similar business principles,
we also share some of the same cybersecurity and cloud transformation
vendors in our portfolio, enabling our partners to gain immediate
benefits from this acquisition.”
Tel
Aviv-based SecureWave is situated in the area known as ‘Silicon Wadi’ –
home to a high concentration of some of the most influential technology
businesses in the world. Its major vendors include Fortinet, Nutanix and
Infoblox – all of which are strategic to Exclusive’s cyber and cloud
transformation portfolios – and it trades with around 250 reseller,
systems integrator and service provider partners. SecureWave’s current
CEO Moran Gerassi – who becomes Country Manager for Exclusive Networks
Israel – and other key management will remain in their roles to ensure
continuity and execute on an accelerated growth plan for the business.
“On behalf of
SecureWave’s staff and partner community, we are delighted to join
Exclusive Group on its journey as the world’s biggest global specialist
VAD in cyber and cloud,” said Moran Gerassi, CEO at SecureWave. “I look
forward to working closely with Exclusive teams and partners around the
world as we combine efforts to address new global and local
opportunities and pursue our next phase of growth together.”
-ends-
About Exclusive Group
Exclusive
Group is building the world’s biggest specialist VAD in cybersecurity
and cloud transformation. Through its best-in-class portfolio of market
leaders and disruptive challengers, unique reputation for innovative
technology expertise, and global services and logistics infrastructure,
Exclusive Group creates opportunities across the channel ecosystem by
bridging skills gaps in cyber and cloud. With 50+ offices across five
continents, and presence in over 100 countries, Exclusive Group is the
global value-added services and technologies (VAST) group with a hybrid
distribution model that is optimised for volume but differentiated by
value. Find out more at www.exclusive-group.com.
About SecureWave
SecureWave is
a distribution company operating based on the Value Added Distribution
method, specialising in the field of data security and IT
infrastructure. SecureWave brings unique added value to the supply
chain, specialised in the commercial aspects of retail distribution, yet
with proven technical know-how and experience in the field.
SecureWave
was founded with the goal of providing solutions for the marketing
channels in Israel, of identifying advanced vendors and technologies
throughout the world, and representing them in Israel while tailoring
them to the unique demands of the IT market in Israel.
Contacts
Jon Bawden
Cohesive
+44 (0) 1291 626200
exclusivegroup@wearecohesive.com
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