BSI Announces Acquisition of US Firm AppSec Consulting: A Strategic Move towards Enhancing Cybersecurity

In a ground-breaking development, BSI, a global leader in business improvement and compliance solutions, has recently revealed its acquisition of AppSec Consulting, a prominent US-based cybersecurity firm. This strategic move not only captures the attention of the business world but also signifies a significant shift in the cybersecurity landscape. In this article, we delve into the details of this acquisition, its implications, and how it is set to impact the industry.

Introduction: The Power of Synergy

In an era where cybersecurity threats are constantly evolving, the acquisition of AppSec Consulting by BSI emerges as a pivotal moment. AppSec Consulting has long been recognised as a trusted name in the field, known for its expertise in providing top-tier cybersecurity services to businesses across various sectors. BSI, on the other hand, boasts a global reputation for its comprehensive solutions that help organisations drive excellence in terms of compliance and performance. This acquisition, a synergy of cybersecurity prowess and business improvement acumen, is poised to redefine the way companies approach their security strategies.

Enhancing Cybersecurity Capabilities

AppSec Consulting’s extensive experience in cybersecurity assessments, risk management, and penetration testing perfectly complements BSI’s existing service portfolio. This acquisition empowers BSI to offer its clients a holistic approach to safeguarding their digital assets. With the rise of cyber threats targeting businesses of all sizes, the combined expertise of BSI and AppSec Consulting will undoubtedly play a pivotal role in fortifying the digital defences of organisations.

Strategic Expansion into the US Market

BSI’s acquisition of AppSec Consulting not only bolsters its cybersecurity offerings but also marks a strategic expansion into the lucrative US market. AppSec Consulting’s established presence and client base in the United States provide BSI with a competitive edge, enabling it to tap into new opportunities and establish a stronger foothold in the region. This move showcases BSI’s commitment to global growth and its proactive approach to addressing the needs of clients on a wider scale.

Implications for the Industry

The cybersecurity landscape is undergoing a seismic shift, with organisations becoming increasingly aware of the risks posed by cyber threats. The BSI-AppSec Consulting acquisition sends a clear message to the industry: the convergence of cybersecurity and business excellence is not just an option but a necessity. As businesses navigate the complex terrain of digital transformation, having a partner that can seamlessly integrate cybersecurity measures into their overall strategy is a game-changer.

Focusing on Innovation and Research

A notable aspect of this acquisition is the emphasis it places on innovation and research. BSI and AppSec Consulting both have a history of investing in cutting-edge technologies and staying at the forefront of industry trends. This acquisition is expected to facilitate even greater collaboration between the two entities, resulting in the development of advanced cybersecurity solutions that can adapt to the evolving threat landscape.

Reimagining the Future of Cybersecurity

The BSI-AppSec Consulting acquisition opens the door to a new era of cybersecurity, one that goes beyond conventional approaches. By combining the strengths of a business improvement giant with a cybersecurity specialist, this move challenges the status quo and encourages organisations to adopt a more proactive and integrated approach to security. The collective knowledge and expertise of BSI and AppSec Consulting have the potential to shape a future where businesses are not only compliant but also resilient in the face of cyber challenges.

Conclusion: A Transformative Partnership

In conclusion, the acquisition of AppSec Consulting by BSI marks a transformative partnership that holds immense promise for the cybersecurity landscape. As businesses grapple with an increasingly complex digital environment, the need for comprehensive and innovative security solutions has never been greater. This acquisition bridges the gap between cybersecurity and business excellence, paving the way for a more secure and resilient future.

BSI’s bold step in acquiring AppSec Consulting demonstrates its commitment to staying ahead of the curve and providing its clients with unparalleled value. This move is not just about business expansion; it’s about creating a safer digital world for organisations to thrive in. As the industry watches this collaboration unfold, it’s clear that the ripple effects of this acquisition will be felt for years to come.

ZoomInfo Completes Latest Technology Acquisition

ZoomInfo has announced the acquisition of Datanyze. Datanyze uses machine learning and proprietary methodologies to capture the technologies that are being used or implemented by more than 35 million companies globally.

By infusing this information into its growth acceleration platform, ZoomInfo will be able to supplement its unrivalled company and contact information with real-time alerts that enable sales and marketing professionals to sell based on customer technology decisions.

“Business data is rapidly changing and your data platforms must be built to adapt. ZoomInfo has the largest, most complete data set of companies and contacts and a goal to enable our customers to automate, process, curate, and present the data on-demand and in real-time. Delivering industry-leading technographics, the Datanyze technology will be a significant addition to help us deliver the right data, at the right time, to the right person,” Derek Schoettle, CEO, ZoomInfo, said.

Datanyze customers will continue to receive support for the Datanyze product offering. Ilya Semin, CEO, Datanyze, said, “I am thrilled to be joining ZoomInfo at this time of tremendous growth in the organisation. Bringing together our two organisations is a perfect union, combining Datanyze’s real-time technographic data with ZoomInfo’s unparalleled – and the industry’s most current – company and contact data.”

With today’s incorporation of Datanyze and the recent addition of Y Labs, ZoomInfo has now increased to six major locations.

ZoomInfo was recently named to the Inc. 5000 for the sixth time. The company has more than doubled its headcount in the last year and continues to expand in all areas as they increase their market share.

Financial Services Firm Tilney Targets Smith & Williamson for Merger

Tilney is a financial planning and investment firm with head offices in Mayfair, London. The company is part of the Tilney Group and offers financial planning, investment management and investment advisory services to private clients.

The board of Tilney has confirmed that it is in exclusive discussions with Smith & Williamson about a potential combination of the two businesses.

Smith & Williamson confirmed that talks are underway and that the accounting arm of the firm is part of the ongoing talks.

Smith & Williamson, founded in Glasgow in 1881, is ranked at number eight in the Accountancy Daily Top 75 Firms annual survey. The firm’s business model is based on a mix of financial and professional services, with a significant managed funds business.

Its financial results, released in July, showed operating income increased 4.3% year-on-year to £278.1m while adjusted operating profit increased by 4.8% to £48.4m.

Professional services income, including revenue from tax and business services was up 6.5% to £104.7m, although the firm changed its reporting lines this year.

The funds under management and advice service line increased by 6.5% year-on-year to £21.4bn.

The bid from Tilney, reported in the Sunday Times, comes two years after listed wealth manager Rathbones tried to buy Smith & Williamson. In August 2017 Rathbones, which manages over £32bn of client funds through Rathbone Investment Management proposed a merger, but talks were called off the following month.

At the time, Smith & Williamson said it intend to pursue a public listing and confirmed this view on publication of its latest results.

If the deal goes ahead, the combined business would have about 250 financial planners, 240 investment managers and more than 100 partners in professional services.

There has been a flurry of mergers and acquisitions among wealth management firms in recent years, driven partly by increased regulatory supervision and the need for economies of scale.