7 Jun 2018 07:00
Intertek builds presence in growing UK cyber security and network assurance market with acquisition of NTA Monitor
7 JUNE 2018
Intertek Group plc ("the Group"), a Total Quality Assurance provider to a range of industries worldwide, is pleased to announce that it has acquired NTA Monitor (NTA), a leading network security and assurance services provider, based in the UK and Malaysia.
The cyber security market continues to grow rapidly owing to the growth in connected devices and cloud-based applications, as well as increasing regulation and compliance requirements. The acquisition of NTA will build Intertek's presence in the UK security assurance and certification space, one of the largest cyber security markets in the world, whilst strengthening and enlarging the Group's current footprint in the global network assurance and cyber security certification market.
Established in 1996, NTA is a founding member of CHECK and has a strong portfolio of accreditations including CREST, CHECK, PCI ASV and Cyber Essentials. It is a trusted information security partner supporting private and public sector organisations that are working towards certification and cyber security compliance. NTA specialises in the provision of penetration testing, compliance certifications, training and auditing solutions, helping organisations to minimise cyber security risks across their supply chains.
NTA employs 48 people across the UK and Malaysia and in 2017 generated revenues of c.£3.2 million.
André Lacroix, Chief Executive Officer of Intertek, said: "The demand for cyber security Assurance services will continue to grow rapidly as the regulatory environment intensifies and organisations look to secure their networks. The acquisition of NTA further strengthens Intertek's leading presence and expertise in the global cyber security certification and assurance space. We welcome NTA and its experts to Intertek and look forward to capturing the opportunities ahead whilst delivering a differentiated TQA Value Proposition to customers in this critical and high growth area of security."
A video describing how the acquisition of NTA complements Intertek's Total Quality Assurance services, can be viewed at www.intertek.com/investors/
-ENDS-
Contacts
For further information, please contact:
Denis Moreau, Investor Relations
Telephone: +44 (0) 20 7396 3415 investor@intertek.com
Jonathon Brill, FTI Consulting
Telephone: +44 (0) 20 3727 1000 intertek@fticonsulting.com
About Intertek
Total Quality. Assured.
Intertek is a leading Total Quality Assurance provider to industries worldwide.
Our network of more than 1,000 laboratories and offices and over 43,000 people in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains.
Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.
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Intertek Group (ITRK)