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2025-01-28 09:39 View Clavister Who We Secure ▾ What We Offer Information Hub ▼ Who We Are ▾ Contact us Find A Reseller Login To MyClavister ૧ Investor Relations News Clavister Completes Acquisition of Cybersecurity Al Specialist Omen Technologies 2021-10-28 10:32:00 Regulatory Clavister Completes Acquisition of Cybersecurity Al Specialist Omen Technologies October 28 , 2021 - Örnsköldsvik , Sweden - Clavister ( https://www.clavister.com/ ) , a leader in European carrier- grade cybersecurity solutions for mission - critical applications , has completed the strategic acquisition of Omen Technologies AB - a provider of a highly innovative Al - driven cybersecurity technology - to enhance the company's portfolio and to tap into the fast - growing Al market . A purchase price of 15 MSEK will be paid with MSEK 3.15 in cash and with MSEK 11,85 in newly issued shares in Clavister . Clavister has today in a separate press release announced preliminary financial information for the third quarter to enable the execution of the acquisition . The deal will see the entirety of Omen Technologies business and personnel transfer to Clavister . At a time when the Al cybersecurity market is undergoing exponential growth ( expected to be worth $ 46.3 billion by 2027 ) driven by the rapid adoption of IoT , connected devices and cloud - based security solutions , this acquisition is highly strategic for Clavister . Al allows cybersecurity systems to analyze patterns , learn from them and then detect changes in behavior . This helps cybersecurity teams be more proactive in preventing threats and responding to active attacks in real time . The acquisition of Omen immediately strengthens Clavister's offering in Defence with significant identified upsell potential into the Clavister defence customer base as well as opportunities to grow amongst Omen's attractive pipeline of customers . From a solution sales perspective , Omen is already working closely with Clavister's CyberArmour team for technical integration with Clavister products . In the next two years , Omen's technology will also be fully integrated into Clavister's SASE solution to add artificial intelligence - based threat detection to cloud - delivered security . The founding team of Omen consists of award - winning researchers and business developers with extensive experience in cybersecurity both from research and from the industry . Based in Sweden and with an established partnership with Clavister already , Omen brings sought after expertise into the Clavister group while being closely aligned with Clavister's culture and approach to development . In addition to reinforcing Clavister's brand proposition of " Security by Sweden " , the acquisition of Omen fits well with Clavister's stated mergers and acquisitions strategy . Omen's customers and projects are based in Northern Europe ( primarily in Sweden ) and currently largely in mission - critical applications . For example , Clavister and Omen are already partnering alongside BAE Systems https : //www.clavister.com/company/investor-relations/investor-news/view/ ? slug = clavister - completes - acquisition - of - cybersecurity - ai - specialist - ome ... 1/4