BV-Tech now in charge!25 Apr 2018 09:42
The Board is now looking to implement a strategic plan, Defenx 2020, which aims to narrow the focus of the Defenx Group's short to medium- term development and sales efforts on cloud backup for the corporate market. This strategy reflects the changing competitive landscape, growing demand for cloud-based services, feedback from existing and potential customers and the support of BV Tech, the Defenx Group's strategic partner.
Strategic partnership with BV Tech
In 2017, the Company entered into a long-term strategic partnership with BV Tech, a leading independent Italian corporate IT and cyber security solutions provider, comprising, in part, a software acquisition by Defenx and cash subscription by BV Tech, with the intention to enhance Defenx's product portfolio and enable the Company to penetrate the European corporate market to generate high-quality, recurring revenues in the medium term.