Budapest, Hungary based IT security companies, CCLab Kft. and Search-Lab Kft. decided to merge by the end of 2019. By the aquisition, CCLab Kft. becomes one of the most important cyber security competence centers in Hungary and the CEE region. The acquisition was driven by the dynamic international growth of CCLab, its entry into new territories, and the competency of Search-Lab in evaluating IoT and embedded systems. The united organization will offer security assessment services of software, applications, embedded systems and IoT devices in its internationally accredited laboratories, and provide its customers independent cyber security and IT quality assurance services. By joining their efforts, CCLab and Search-Lab can provide world-class services to their clients working in telecommunications, automotive, electronics, and smart metering markets.
"Our mission is to help companies create secure products and services so that information technoogy tools and solutions can really help people and not threaten them. Our strategic goal is to be one of the world's leading IT security labs within five years. Combining the energies and resources is a milestone for CCLab Kft. and Search-Lab Kft", said Ferenc Molnár, founder and CEO of CCLab Kft.
The merger will close in 2019, the two organizations will continue serving their customers as CCLab Kft. from 1st January, 2020.