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EDS bags Vistorm

by Stuart Wilson, Thursday 3 April 2008

Global IT services giant EDS has acquired UK-based managed security services provider Vistorm. The financial terms of the deal were not disclosed. EDS claims that the deal creates one of the largest information assurance and managed security services firms in Europe.

Vistorm, which has a solid customer base among commercial and financial services firms, will operate as a separate entity led by its existing management team and will retain its own brand in IT security. The two companies claimed in a statement outlining the deal that Vistorm will have, ‘a direct sales channel to the market leveraging EDS’ existing IT infrastructure, security and privacy capabilities.’

“The IT security market is a strategic priority area for EDS globally and the strong information security expertise of Vistorm reinforces EDS’ existing capabilities in this critical and growing area,” said Bill Thomas, executive vice president of EDS Europe, Middle East and Africa (EMEA).

“The combination of Vistorm’s industry-leading IT security portfolio of products and deep understanding of technology needs in security - together with EDS’ global resources and demonstrated strengths in managing complex infrastructure and applications securely – will provide unmatched, end-to-end security solutions for our clients,” added Thomas.

EDS will combine its existing UK-based IT security business into Vistorm creating a 400-strong outfit. Vistorm, which was founded in 1991, has 220 employees and annual sales in the region of US$100m. Vistorm’s customer base includes major companies such as Bank of Scotland, Nationwide and Balfour Beatty.

“We are delighted to be joining with EDS to become part of a global IT services leader. The combination will enable Vistorm to benefit from EDS’ strong security and privacy capabilities, grow our client base and expand into new industries and markets. We will roll out our Information Assurance tools, IP, and capability globally whilst continuing to stay focused on being a specialist-service provider to our existing UK clients in a very important marketplace,” said Jim Kent, CEO of Vistorm.

Thomas added: “The transaction with Vistorm demonstrates EDS’ commitment to this rapidly growing sector and our strategy to provide mission-critical security and privacy offerings. Vistorm has an impressive track record of success and a strong, dynamic management team along with leverageable tools and software platforms that complement EDS’ strategic approach to serving the security needs of our clients.”

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May, 2021

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