WithSecure™ enters a new era of growth in co-securing outcomes for businesses

News Alert  |  July 1, 2022

With the ringing of the Nasdaq Helsinki opening bell, WithSecure™ is entering a new era of profitable growth in co-securing outcomes for businesses

As of today, WithSecure™ and F-Secure have started separately trading on the Helsinki Stock Exchange following the partial demerger announced earlier this year - a decision intended to create two distinct cyber security companies, both with strong investment opportunities moving forward. The exceptional event was celebrated in a bell-ringing ceremony with the two companies’ CEOs, accompanied by the core team that has been working on the demerger process.

The demerger follows the rebranding of F-Secure’s corporate cyber security unit, subsequently renamed WithSecure™, in a move that will clarify the structure, management, and financing of the company’s operations. It will also allow for investment in specific expertise, technology, and innovation, all of which will better serve the distinct cyber security needs of the corporate cyber security market. From its earlier history as F-Secure’s business division, WithSecure™ has already amassed an extensive network of partners, clients, and a wealth of in-house talent and expertise to build on in this new era.

Additionally, the company has decided to take an outcome-based approach to business, emphasizing the impact made for customers and how their problems are solved. Furthermore, in line with the new company name, a new co-security approach will strengthen partnerships by emphasizing working together.

 

A strong growth strategy that will deliver shareholder value

At the recent Capital Markets Day event in Helsinki, WithSecure™ President and CEO Juhani Hintikka, presented the key competitive advantages for the company as an investment and how the combination of fast-growing cloud solutions, world-class consulting, and strong customer value proposition uniquely positions WithSecure™ as a fast growing Security-as-a-Service (SaaS) company.

More information about the demerger can be found from https://www.withsecure.com/en/about-us/investor-relations/demerger

WithSecure™ media relations
Adam Pilkey
+358406378859

About WithSecure™

WithSecure™, formerly F-Secure Business, is cyber security’s reliable partner. IT service providers, MSSPs and businesses – along with the largest financial institutions, manufacturers, and thousands of the world’s most advanced communications and technology providers – trust us for outcome-based cyber security that protects and enables their operations.

Our AI-driven protection secures endpoints and cloud collaboration, and our intelligent detection and response are powered by experts who identify business risks by proactively hunting for threats and confronting live attacks. Our consultants partner with enterprises and tech challengers to build resilience through evidence-based security advice. With more than 30 years of experience in building technology that meets business objectives, we’ve built our portfolio to grow with our partners through flexible commercial models.

WithSecure™ Corporation was founded in 1988, and is listed on NASDAQ OMX Helsinki Ltd.