Announcement posted by rhipe 01 Apr 2021
APAC’s leading cloud and technology
solutions provider, rhipe (ASX: RHP), has announced that cyber security
distribution specialist, emt Distribution, has joined the rhipe portfolio.
The acquisition of emt strengthens
rhipe’s presence in security software distribution and will expand rhipe’s
offering into the enterprise market, providing partners with a full spectrum of
security solutions from a wide choice of vendors, to help them build their own
security portfolio. emt’s security product offering is
centred around the Australian Signals Directorate’s eight essential requirements for
a company’s cyber defence strategy.
The emt business
is positioned for growth in the expanding cyber security market, with
Gartner predicting security and risk management spending to continue throughout 2021. In Australia alone,
organisations are expected to spend over $4.9 billion on information security
and risk management products and services by the end of 2021.[i]
The
acquisition complements rhipe’s existing
cyber security software offerings centred around Microsoft’s product
stack and rhipe’s own SMB focused encryption product SmartEncrypt, enabling rhipe to deliver a comprehensive
portfolio of end-to-end security capabilities to its partners.
Dominic O’Hanlon, CEO of rhipe said, “emt Distribution has an incredible track record
in delivering software security products and solutions via their distribution
channels. By
combining emt’s expertise in security solutions with rhipe’s reach,
we will be able to offer rhipe partners across APAC effective
solutions to protect against growing threats around cyber security.
“We plan to
continue investing in the emt business to support its continued growth, delivering
emt’s extensive portfolio of vendor security products to rhipe partners, while providing
emt partners with access to SmartEncrypt and rhipe security vendor
products. We look forward to welcoming
the emt team to the rhipe family and leveraging their outstanding skills and
expertise, to deliver greater outcomes for our partners and their customers.”
Richard Rundle, Founder and CEO of emt said, “As we enter our next
stage of growth, we are thrilled to be joining
the rhipe family to collectively execute on the opportunities ahead.
I could not be prouder of our team’s success to date and believe this
is a significant opportunity to align with a distributor
of rhipe’s calibre, to greatly enhance our capabilities and
market reach.”
emt was founded in 1988 and has a portfolio of over 15 security vendors
that offer cyber security solutions, catering to the needs of both small and
medium businesses (SMB) and large enterprises. Services provided by emt include
pre and post sales technical support and professional services.
The purchase
includes emt’s products, solutions and assets, with Richard Rundle now
responsible for driving the continued growth of the emt business within rhipe
as well as supporting the expansion of rhipe’s security offering to its
existing partners. emt’s 21 employees from its Australian-based and Asia
offices will also join the rhipe family, with the Middle East operations likely
to join rhipe in the coming months.