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Secure-Ic Acquires Silex Insight’S Security Business To Accelerate Its Chip-To-Cloud Plan And Develop The Next-Generation Of Embedded Cybersecurity Solutions

Nov 03, 2022•about 3 years ago

Acquiring Company

Secure-IC

Acquired Company

Silex Insight

Cesson-SévignéManufacturing

Description

Secure-IC, the rising leader, and the unique global provider of end-to-end cybersecurity solutions for embedded systems and connected objects, announces today the acquisition of Silex Insight’s security business. Silex Insight is a leading provider for flexible and scalable security IP cores solutions which perfectly complement Secure-IC's portfolio. All the current and new customers will benefit from this acquisition as they will always retain top-notch security and performance. As of today, Secure-IC will now offer the largest portfolio of embedded security solutions to the market.

Company Information

Company

Secure-IC

Location

Cesson-Sévigné, Brittany, France

About

Secure-IC is a global leader in end-to-end cybersecurity solutions for embedded systems and connected objects, serving customers across five continents. Guided by its unique PESC approach (Protect, Evaluate, Service & Certify), the company partners with clients throughout and beyond the IC design process. Headquartered in Rennes, France, with offices worldwide, Secure-IC provides cutting-edge protection technologies, integrated Secure Elements, and security evaluation platforms to meet the highest certification standards across industries including automotive, AIoT, defense, and payments.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed