In a move to enhance its cybersecurity services, global technology company Stefanini Group has acquired Protega, a leading cybersecurity company based in Brazil. The acquisition is part of Stefanini's plan to allocate $200 million to new acquisitions by 2026, with a focus on cybersecurity [d8a90abf].
Protega specializes in managed security services, software and hardware integration, and consultancy in governance, risks, and compliance. The company is expected to generate at least $50 million in global revenue in 2024. Stefanini's cybersecurity practice experienced an 80% growth last year and is projected to continue its strong growth in 2024, with revenue expected to surpass $40 million [d8a90abf].
The acquisition of Protega strengthens Stefanini's cybersecurity platform and expands its market share. Luis Gestavo Pereira, CEO of Protega, expressed that the acquisition will enhance the capability, commercial strength, and internationalization of Stefanini's cybersecurity platform [d8a90abf].
This acquisition by Stefanini Group highlights the growing importance of cybersecurity in the technology industry. As organizations recognize the need for robust cybersecurity solutions, companies like Stefanini are strategically expanding their cybersecurity portfolios to meet the increasing demand [d8a90abf].
Insurance company Protteja Seguros has joined the Angola Oil & Gas (AOG) 2024 conference as a silver sponsor. The company will also sponsor a Financial/Insurance panel discussion during the event. Protteja Seguros offers customized solutions to corporate clients in Angola's oil and gas market and has been certified by Angola's Ministry of Mineral Resources, Oil and Gas. Last year, Protteja Seguros signed a deal with Petromar to develop a business partnership and collaborate on social responsibility. The company focuses on partnerships with specialized insurance consultancy companies to increase its experience in the oil and gas industry and aims to expand operations with international operators and service producers [e80c055d].