Smarttech247 signs Strategic Agreement with Cisco

Smarttech247 Group PLC

03 April 2024

 

Reach Announcement

03 April 2024

Smarttech247 Group PLC

("Smarttech247", the "Group" or the "Company")

Smarttech247 signs Strategic Partnership Agreement with Cisco

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce it has partnered with Cisco to deliver a complete security solution for threat prevention, detection, investigation and response.

Cisco Systems Inc. (NASDAQ: CSCO) ("Cisco") delivers software-defined networking, cloud and security solutions to companies worldwide and recently completed its acquisition of cybersecurity firm Splunk Inc., which had already entered into its own strategic partnership agreement with Smarttech247 in October 2023. This new partnership will see Smarttech247 integrate Cisco's security technologies into its AI-enhanced cybersecurity services, offering clients an even more comprehensive and robust defence against evolving cyber threats.

Cisco's range of security technologies for network, device, user and cloud security will integrate with Smarttech247's existing suite of cybersecurity solutions. These technologies, combined with Splunk's cybersecurity capabilities gained in the recent acquisition, will enhance Smarttech247's VisionX platform, allowing organisations to proactively secure their digital assets and mitigate risks effectively.

Raluca Saceanu, Chief Executive Officer of Smarttech247, commented:

"We are delighted to partner with Cisco which, following its acquisition of Splunk, has become one of the largest software companies globally. This collaboration underscores our commitment to delivering top-tier cybersecurity services and reinforces our position as a trusted cybersecurity partner for organisations worldwide. Together with Cisco, we are well-equipped to provide our clients with the security they need to navigate the digital world with confidence."

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For further information please contact:

Smarttech247 Group PLC	Tel: [phone]
Ronan Murphy, Executive Chairman Raluca Saceanu, Chief Executive Officer Nicholas Lee, Finance Director
SPARK Advisory Partners Limited - Nominated Adviser	Tel: + 44 (0) 20 3368 3550
Mark Brady / Adam Dawes
Shard Capital - Joint Broker	Tel: [phone]
Damon Heath
Fortified Securities - Joint Broker	Tel: [phone]
Guy Wheatley, CFA
Yellow Jersey PR Sarah Hollins / Annabelle Wills / Bessie Elliot	Tel: [phone]

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About Smarttech247

Smarttech247 is a multi-award winning automated MDR (Managed Detection & Response) company. Its platform is trusted by international organisations and provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation and response.

The Group's services are geared towards proactive prevention and it achieves this by utilising the latest in cloud, big data analytics and machine learning, along with an experienced incident response team. In recognition of its innovative technology, Smarttech247 was named by Chambers Ireland InBusiness Recognition Awards as Cyber Security Company of the Year 2023.

Smarttech247's offices are located in Ireland, United Kingdom, Romania, Poland and the USA. The Company was admitted to trading on AIM on 15 December 2022.

 For further information please visit www.smarttech247.com

 

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