Why Allurity Is Buying SRLabs

By Amit Chowdhry ● Feb 21, 2024

Allurity (a European group of leading tech-enabled cybersecurity companies) has completed the strategic acquisition of Security Research Labs (SRLabs), a globally recognized cyber consultancy based in Berlin and Hong Kong. This acquisition marks an important milestone as SRLabs brings unique expertise that enhances Allurity’s market position and strengthens its capabilities to deliver a holistic cybersecurity offering.

With this deal, Allurity takes a significant step in its journey of building a pure-play leader in tech-enabled cybersecurity services in Europe, meeting the needs of organizations worldwide in search of advanced and comprehensive cybersecurity solutions. And together, Allurity and SRLabs set the stage for a safer digital world.

The Allurity group comprises seven best-in-class cybersecurity companies across Europe, including Spanish Aiuken, Swedish Arctic Group and ID North, Portuguese CloudComputing, Danish CSIS, Swiss SECURIX and German SRLabs. And with the addition of SRLabs, Allurity accelerates its strategy of becoming a leading European powerhouse in cybersecurity. Currently, the group generates about EUR 100 million in revenue, serving customers globally.

KEY QUOTES:

“By joining forces with SRLabs, Allurity is enhancing its offering with premium strategic cybersecurity consulting, unique cyber insights, and industry-leading solutions. This strategic acquisition perfectly aligns with our vision of becoming the preferred partner of tech-enabled cybersecurity services in Europe, amplifying our global impact, and enabling a safe digital world.”

  • Frida Westerberg, CEO at Allurity

“SRLabs was founded to make the world a more secure place, one small step at a time. Today, we join Allurity to walk further than ever before in reaching hacking resilience for individuals and organizations globally. Our mission of building and challenging robust hacking defenses continues. Together with Allurity, we are gaining the scale and diversity necessary to match the well-organized cybercrime ecosystem. Our clients continue to receive advice from a hacker perspective on how to balance innovation and protection – just more of it.”

  • Dr. Karsten Nohl, Founder of SRLabs

 

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