SCOTTSDALE, Ariz., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Cerberus Cyber Sentinel Corporation (OTC: CISO), a cybersecurity consulting and managed services firm based in Scottsdale, Ariz., announced that it has acquired Arkavia Networks SPA, a cybersecurity services provider based in Chile.
Under terms of the agreement, Arkavia will become a wholly owned subsidiary of Cerberus Sentinel and will serve as the South American headquarters for the company located in Santiago, Chile. David Alfaro Medina, CEO of Arkavia, will continue to manage his team of professionals.
"Arkavia is an excellent cultural fit with the Cerberus family of companies," said David Jemmett, CEO and founder of Cerberus Sentinel. "They bring tremendous cybersecurity experience and a dynamic executive team that will help us execute our growth strategy throughout Latin America which has a strong demand for cybersecurity services. Cybersecurity is a global problem, not just a U.S concern. It requires global capabilities to address customers' security demands. There are 3.8 million job openings worldwide in cybersecurity, and the resources to combat the bad actors are needed globally."
"We have seen the escalation of cybersecurity threats throughout Latin America," said Alfaro. "Increasingly, we are working with companies outside of Chile to help address the growth of attacks and help educate them on how to protect themselves with a culture of cybersecurity. Joining with Cerberus Sentinel makes sense as we share the same values and approach and look to build a presence together as a global force."
Arkavia will continue to be based in Chile.
Financial terms of the agreement were not disclosed.
About Cerberus Sentinel
Cerberus Sentinel is an industry leader in Managed Cybersecurity and Compliance (MCCP) services with its exclusive MCCP+ managed compliance and cybersecurity services plus culture program. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services, and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations.
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