Parent company Fox-IT completes sale of Fox Crypto
Briefly

Fox Crypto has officially been acquired by Swedish CR Group Nordic AB, fulfilling an eight-month process of divestiture from NCC Group. This move aligns with NCC Group's strategy to streamline operations and prioritize cybersecurity services, marking a commitment to integrated cyber resilience. The CEO, Mike Maddison, believes this transition will foster growth opportunities for Fox-IT, which is crucial in the Dutch cyber landscape. Alongside this acquisition, NCC Group has initiated two new global practices and collaborations to bolster its cybersecurity offerings.
The sale of Fox Crypto is part of NCC Group's broader strategy to simplify and focus resources on cybersecurity services.
NCC Group CEO Mike Maddison emphasizes that the company is focused on delivering a strategy for world-class cyber resilience.
Fox-IT will continue to hold an important position in the Dutch cyber sector, paving the way for future growth.
The launch of two new global practices by NCC Group aims to enhance services in technical assurance and incident response.
Read at Techzine Global
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