Itancia Ventures into Security with NIS Acquisition

November 19, 2019

French refurbished, network and telecom VAD Itancia has acquired security VAD NIS for an undisclosed amount. This acquisition is strategic for the Itancia group, which is thus entering the markets of access security, encryption and secure transmission.

 

NIS' expertise on smartcards and encryption (through distribution deals with Gemalto/Thalès, Ingenico, ASK/Paragon and DriveLock), the recognition by its customer partners of large inventories and a specialist after-sales service will give Itancia a solid lever to establish itself on the security markets.

 

The choice of NIS was an obvious choice, as Thierry Le Goff, CEO of Itancia Group, explains: "NIS has recognised expertise and a strong reputation in this market. Itancia will be keen to rely on NIS' internal skills to develop this activity within the group and aim for double-digit growth."

 

Itancia will also be an asset for the development of NIS as Philippe Salerno, CEO and founder of NIS, emphasises: "Itancia is now recognized in the telephony and telecom market for its commercial performance and its efficiency in delivering a unique and quality service to its customers. Itancia's support will be a catalyst for the growth of NIS.

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