Sysnet buys US-based Viking Cloud for undisclosed fee

The payments regulation firm says acquisition of cloud security company will help it break into different market segment as it eyes further deals

13th December, 2020
Sysnet buys US-based Viking Cloud for undisclosed fee
Gabe Moynagh, chief executive at Sysnet, said the acquisition of Viking Cloud would allow it to break into a different market segment.

Irish payments regulation company Sysnet is targeting further acquisitions after completing its second deal in as many weeks.

Sysnet, which provides cyber security and compliance software for businesses, has acquired Viking Cloud, a Chicago-based cloud security company, for an undisclosed fee.

Speaking to the Business Post, Gabe Moynagh, the chief executive at Sysnet, said the acquisition of Viking Cloud would allow it to break into a different market segment other than its core SME customer...

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