September 18, 2018

Security firm Zinopy acquired by Trilogy Technologies

The acquisition aims to expand Trilogy’s portfolio, offering a wide range of services including cloud, IT security, risk and managed services.

Security firm

Security firm Zinopy have been acquired by ICT service provider (Information Communications Technology) Trilogy Technologies in a bid to expand the latter’s product portfolio. With this acquisition, Trilogy will become a full-service provider, offering virtualisation and cloud computing, IT security and risk management as well as managed and consulting services in the U.K. market.

According to Trilogy, enterprises require different IT products and services that meet their business goals. Hence, to meet this requirement, Trilogy claim that enterprises need to adopt a cradle-to-grave approach while providing IT services.

By acquiring Zinopy, Trilogy believe that they will be able to cater to a wide range of business segments in the U.K. and meet their IT needs. They also say that this acquisition will help Trilogy to make the most out of various growth opportunities in the market.

Speaking about the deal, Edel Creely, Co-founder of Trilogy Technologies, commented:

Trilogy is already Ireland’s leading provider of remote IT managed services and together the group is well placed to take advantage of the significant growth opportunities in managed IT services domestically and in the much larger UK market, where we now have new opportunities to build on our existing footprint.

Zinopy claims that digital transformation, cyber attacks and GDPR requirements have created a sense of awareness amongst business decision makers in the U.K. They say that this acquisition move is timely since the U.K. market is conducive for the growth of all-round IT products.

John Ryan, CEO at Zinopy, commented:

We look forward to a new chapter that is unfolding with Trilogy, and where our combined capabilities are helping us build a new force in managed IT services in Ireland and the UK.

This move, industry analysts claim, will benefit Trilogy as well as the security firm and spur the competition in the IT services market in the U.K. It will be interesting to witness the turn of events after this acquisition move as well as the launch of ‘Threat Monitoring’ by UKFast for businesses.