In a move to strengthen their security services, Fujitsu and Fujitsu Australia and New Zealand acquired InPhySec, a New Zealand Cyber Security firm.
This move is the latest milestone in Fujitsu’s global Merger & Acquisition strategy to empower customers’ digital transformation journey. It is the newest addition to the services offered by recently acquired firms Versor, Oobe, and Enable Professional Services.
Graeme Beardsell, EVP and CEO of Fujitsu Asia-Pacific, told Reseller News in 2021 that he was on the hunt for more acquisitions to make use of a cash “war-chest” accumulated in the region.
Beardsell said after 20 years of operating across Asia in various roles, when he took leadership of Fujitsu A/NZ in 2020, he saw that the acquisitions market was vibrant. Fujitsu’s competitors were already dipping their toes in.
“We hadn’t done an acquisition in the region in 11 years, and I thought, ‘shame on us,’” he told Reseller News.
InPhySec, founded in 2015, is one of New Zealand’s largest providers of security consulting and managed security services which delivers a comprehensive range of managed security services, including Security Information and Event Management(SIEM), as well as cloud, network, and endpoint detection and response services, through its global 24/7 Security Operations Centres across 3 locations.
They deliver specialist services through their secret grade server rooms which provide data localisation and additional physical security, services of particular importance to the New Zealand government and other regulated industries.
InPhySec gets competitive advantages over its peers in the New Zealand market with its secret- and top-secret-cleared staff.
The acquisition of InPhySec will provide access to Fujitsu’s New Zealand customers to specialist security consulting and managed services. In the same way, the customers of InPhySec, which spans a wide range of industries, including Fujitsu A/NZ’s core industries of defence, public sector, healthcare, financial services, and transport, will now have access to Fujitsu’s broad range of digital transformation products and services.
“This investment comes at a time when protecting businesses, government agencies, and the general public has never been more important. The InPhySec acquisition expands our managed security footprint in New Zealand and across the region. We are delighted to have InPhySec’s team of cyber security experts join our organisation,”
said Graeme Beardsell, Executive Vice President and CEO, Fujitsu Asia-Pacific.
Speaking about the acquisition, Marc Barlow, Chief Executive Officer, InPhySec, says, “Joining Fujitsu allows us to introduce some of the world’s leading technology solutions to our clients, as well as bringing our expertise to Fujitsu’s customers.
A strong partnership is critical to match the growing scale and sophistication of global threats, which means countries such as New Zealand are becoming increasingly more vulnerable. This acquisition will help introduce New Zealand’s developed know-how and capability to a global audience.”
Once the acquisition is complete, the CEO of InPhySec, Marc Barlow, will report to Graeme Beardsell, the executive VP and CEO of Fujitsu Asia Pacific.