US VAD and solution provider Macnica Inc., a €7 billion company has announced its intent to acquire a majority stake in Dubai-based security VAD Cyber Knight Technologies.
Headquartered in Shin-Yokohama, Japan, Macnica operates globally across Japan, USA, China, Southeast Asia, Australia, India, Brazil, Europe and focuses on AI, IIoT, mobility, cyber security, big data, healthcare, biotech, retail, robotics and semiconductors. Macnica’s product portfolio is based on some of the most advanced technologies in the world. The company is dedicated to providing customers with local engineering, technical services, support and solutions. Macnica has been in the cybersecurity business for more than 20 years and has a wide range of cybersecurity solutions.
CyberKnight was founded in 2019 by industry veterans Avinash Advani (CEO) and Vivek Gupta (COO) and has rapidly grown into one of the largest cybersecurity VADs in the Middle East in just three years.
The strategic relationship will support Macnica’s growth plans to expand its geographical footprint into the Middle East, and then Turkey and Africa in due course. Furthermore, the collaboration will bring together Macnica’s renowned Japanese technology and professional services excellence, paired with CyberKnight’s Zero Trust Security expertise and Middle East experience.
Headquartered in Dubai, CyberKnight’s 50+ team has on-ground presence in key regional markets, including the UAE, Saudi Arabia, Qatar, Kuwait, Oman, Jordan, and Egypt. Since inception, CyberKnight has developed a channel of more than 400 partners across the region including VARs, SIs, global SIs, MSSPs and consultants, that have in turn sold one of more of CyberKnight’s 30-vendor cybersecurity portfolio solutions to over 600 enterprises, primarily in the banking & finance, telco, energy, and government sectors.
As both partners have achieved success developing markets for emerging cybersecurity technologies, with many overlapping portfolio vendors, the synergistic partnership will support respective portfolio evolution, and strengthen vendor relationships overall.
Comments