TAC InfoSec Limited (TAC Security) has announced the successful completion of two strategic acquisitions in the US and UAE.
The company announced its intent to acquire CyberSandia on August 23, 2024. This acquisition, now completed successfully, will strengthen TAC Security’s presence in the US market and is a significant step toward expanding its global footprint in the public sector. The company also appointed Hector Balderas to the board of directors in the US. Hector is a former attorney general of New Mexico and highlights the company’s intent to further capitalise upon the vast opportunities the region has to offer for its cybersecurity spending across the public and private markets. In March 2023, the state announced an increase in its cybersecurity budget, allocating $45 million to protect state assets and infrastructure against evolving cyber threats.
Further, with the acquisition of WOS – TAC Cyber Security Consultancy L.L.C in the UAE, TAC Security has strategically positioned itself to cater to the growing demand for advanced cybersecurity services in the Gulf Cooperation Council (GCC) region and the broader Middle East. UAE provides an ideal base for TAC Security to deliver cutting-edge cybersecurity expertise and solutions to local enterprises and government entities.
This expansion is crucial to TAC Security’s broader mission to enhance its presence and operational capabilities in the Middle East, a region experiencing rapid growth in cybersecurity needs. The new UAE subsidiary allows TAC Security to diversify its client base and provide seamless services to cross-border clients throughout the GCC.
Furthermore, TAC Security has a longstanding relationship with the State of New Mexico, having previously collaborated on various cybersecurity initiatives to protect state infrastructure. TAC Security previously worked with the Office of State Auditor, New Mexico and the Office of Attorney General-New Mexico. The acquisition of CyberSandia, a firm with an exclusive contract to provide IT services to the State of New Mexico, further strengthens this relationship. This contract only opens for bids once every four years.
Both developments are part of TAC Security’s consistent growth and focus on innovation in the cybersecurity space. Its enterprise security in one framework (ESOF) platform continues to be adopted by enterprises and governments worldwide to combat evolving cyber threats, enabling the company to lead the way in comprehensive vulnerability management and cybersecurity solutions.
Commenting on the acquisitions, Trishneet Arora, founder, chairman, and chief executive officer, TAC Security, said, “We are excited to officially begin operations in GCC region with our new wholly-owned subsidiary in the UAE. This expansion will enable us to provide localised, cutting-edge cybersecurity services to one of the world’s fastest-growing markets, strengthening our commitment to securing the digital future globally. Acquiring Cyber Sandia marks another important step in our global expansion strategy. With their strong foothold in the US cybersecurity market, we are confident that this acquisition will further solidify TAC Security’s presence in North America and help us better serve government entities with innovative, reliable, and scalable cybersecurity solutions.”
