AV-TEST GmbH is the latest member of the Swiss IT Security Group - SITS
News

AV-TEST GmbH is the latest member of the Swiss IT Security Group

February 08, 2021

Dear customers, business partners and friends,

Wettingen, February 2021

We’re pleased to inform you that Magdeburg-based AV-TEST GmbH is now a part of the Swiss IT Security Group (SITS Group). As part of its ongoing growth strategy, the SITS Group and its managing partners will be acquiring a 100% share in AV-TEST.

This is the Group’s fifteenth transaction since it was founded in 2017 and its ninth member based in Germany.

Formed in 2004, AV-TEST specialises in the testing and certification of IT security solutions and has since established itself as a global market leader. Its 28 highly qualified employees specialise in the following areas:

  • Testing and certifying security products: Continuously testing antivirus software, especially endpoint protection on Windows, macOS and Android; ensuring the security of gateway systems; cloud protection.
  • Testing IoT (Internet of Things) solutions: Regularly testing and certifying IoT systems, smart home and mobile solutions, including eHealth products, the associated apps and connected cloud services.
  • Malware analysis: Services for investigating unknown objects such as files and websites, and the precise analysis of malware.
  • Data feeds: Based on one of the largest malware research databases in the world, customers have access to collections of data and metadata for analysing malware and harmless software.

“The services offered by AV-TEST make the company a good fit for our Group and will complement our product-testing portfolio nicely. The founders Andreas Marx, Guido Habicht and Maik Morgenstern are motivated leaders who will be assets to our Group thanks to their ideas and vision,”, adds Philipp Stebler, CEO of Swiss IT Security AG.

Swiss IT Security AG is currently in talks with further companies in Europe with the aim of continuing to expand the Group in future. Today, the Group employs more than 500 highly qualified members of staff.

The Cyber Chronicle Newsroom
We keep you posted with the latest news, data & trend topics