Quality assurance services provider Intertek Group PLC (LON:ITRK) is to acquire security certification solutions provider Acumen Security for an undisclosed sum.
Acumen, based in Maryland, USA, provides numerous services including FIPS 140-2 validation – FIPS 140-2 is a US government computer security standard – and common criteria evaluation.
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"The acquisition of Acumen, with its end-to-end product security certification and assurance services is in line with our portfolio strategy of investing in fast growing businesses with good margin prospects,” said André Lacroix, the chief executive officer of Intertek.
Shares in the FTSE 100 firm were unchanged on the news.