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COINTURK FINANCE > Business > Zivver Joins Forces with Kiteworks to Enhance Data Security
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Zivver Joins Forces with Kiteworks to Enhance Data Security

Overview

  • Zivver partners with Kiteworks to strengthen digital security services.

  • Acquisition aims at expanding reach with zero-access encryption techniques.

  • Collaboration enhances market offerings amid growing global privacy demands.

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The world of secure communications is witnessing a dynamic shift as Amsterdam-based Zivver partners with California’s Kiteworks, reflecting a strategic move towards advanced data security solutions. This acquisition highlights the increasing demand for robust privacy in digital communications, emphasizing zero-access security and sovereign data exchange. Zivver, recognized for its AI-powered email security, offers tools designed to prevent unauthorized access, focusing on maintaining stringent compliance with regional regulations. By uniting with Kiteworks, the company is positioned to address evolving global needs in the domain of data protection.

Contents
What are the strategic goals of the acquisition?How will this affect the market landscape?

Kiteworks has been significantly expanding its global reach and influence, securing $456 million in growth equity funding in 2024. This financial backing aims to bolster its presence in the international market by enhancing its Private Data Network, designed for the secure handling of sensitive information across multiple platforms. Comparable past efforts by similar companies underscore the importance of maintaining cutting-edge security measures amid growing digital threats. Zivver’s integration with Kiteworks now represents a strategic effort to safeguard more than 100 million end-users worldwide.

What are the strategic goals of the acquisition?

Zivver targets expanding its reach with this acquisition, leveraging Kiteworks’ extensive Private Data Network. Known for its commitment to zero-access encryption and foolproof data exchange, Zivver provides solutions that prevent unauthorized data access. The collaboration aims to enhance communication security for government and enterprise sectors, emphasizing the importance of data sovereignty, especially in the European market.

How will this affect the market landscape?

The collaboration between Zivver and Kiteworks is set to influence the broader data security market. By combining forces, they intend to introduce Zivver’s advanced email security technology to a growing global customer base. This alliance also responds to heightened requirements for zero-trust data provision across varied communication platforms, fostering secure and seamless data exchanges.

Wouter Klinkhamer, CEO of Zivver, stated, “Our objective was to join forces with a global leader that shares our vision for zero-access security and meets Europe’s stringent data sovereignty standards.”

This partnership reflects a unified philosophy in data protection, offering deployment options that cater to the growing need for comprehensive data security solutions.

Amit Toren, Chief Business Officer at Kiteworks, remarked, “Organisations require comprehensive solutions that protect private data shared and sent across all communication channels while maintaining seamless user experiences.”

The integration signifies an advancement in secure communications, addressing compliance challenges faced by global enterprises.

The strategic alliance between Zivver and Kiteworks underscores a shared mission to innovate data security frameworks while remaining compliant with regional laws. Combining resources and expertise is anticipated to yield robust data management offerings, especially in areas facing geopolitical challenges. The merger promises to provide flexible security solutions competitive in the current digital landscape.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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