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Ekinops Expands Cybersecurity Horizons with Olfeo Acquisition

On June 2, 2025, Ekinops, a prominent telecommunications solutions provider based in Paris, announced the acquisition of 100% of Olfeo's share capital. This transaction positions Ekinops as a significant player in the cybersecurity market, particularly in the fast-evolving sectors of Security Service Edge (SSE) and Secure Access Service Edge (SASE). The acquisition was officially disclosed on May 15, 2025, and is expected to enhance Ekinops' capabilities in providing comprehensive cybersecurity solutions to its clients.

The Significance of the Acquisition

The merger of Ekinops and Olfeo creates a robust force in the European network cybersecurity landscape. With Olfeo’s established expertise and customer base, Ekinops aims to meet the increasing demand for advanced cybersecurity solutions that offer both performance and compliance in a single vendor offering. As organizations strive to keep pace with digital transformation, the integration of network connectivity with robust cybersecurity measures becomes crucial.

Ekinops financed the acquisition entirely in cash through its internal funds and a syndicated credit line arranged with banking partners, emphasizing the strategic importance of this merger in its growth trajectory. Olfeo’s management, led by founder and CEO Alexandre Souillé, will continue to oversee the cybersecurity business within Ekinops, ensuring a smooth transition and ongoing development of their offerings.

About Olfeo

Founded in 2003 and headquartered in Paris, Olfeo is a recognized leader in delivering cybersecurity software that safeguards enterprise information systems from cyber threats. Olfeo specializes in offering web security solutions through both SaaS (Software as a Service) and on-premises models, catering to over 500 clients, including businesses, public authorities, and healthcare institutions. In 2024, Olfeo reported €6.3 million in annual recurring revenue (ARR), reflecting a strong demand for its innovative security solutions, which integrate multiple layers of security functions such as Secure Web Gateway (SWG), Cloud Access Security Broker (CASB), and Data Loss Prevention (DLP).

Post-Acquisition Goals

With the integration of Olfeo, Ekinops strives to position itself as a leader in the SASE market, which is forecasted to surpass $9 billion by 2025. The Unified SASE segment, specifically aimed at small and medium-sized enterprises, is expected to see a compound annual growth rate of over 27%. By leveraging its established telecommunication network and deep customer relationships, Ekinops plans to introduce fully integrated solutions tailored to these businesses, thereby enhancing their cybersecurity infrastructure.

A New Chapter in Cybersecurity

The merger of Ekinops and Olfeo is a strategic move that consolidates expertise and resources in the growing field of network security. As cyber threats evolve and become more sophisticated, organizations will inevitably seek integrated solutions that address both connectivity and security from a single provider.

Ekinops and Olfeo are now poised to offer cutting-edge technology that not only protects cloud access but also supports agile network infrastructures. This acquisition will undoubtedly pave the way for creating high-performance, responsible technology solutions that cater to the vast needs of both the public and private sectors in Europe and beyond.

With Olfeo now consolidated into Ekinops' operations as of June 1, 2025, the future looks promising as they combine their strengths to face the challenges of a rapidly changing digital landscape. Together, they will respond to the soaring demand for advanced cybersecurity services, ensuring that their clients can navigate the online world safely and securely.