BAE Systems Partnership
BAE Systems and Assuria announce an investment and marketing programme that will deliver Cyber Security solutions worldwide.
NEWS 11th November 2010, London
COMBATING CYBER THREATS
Assuria Ltd and BAE Systems have signed an investment agreement to develop capabilities that combat threats to cyber security. As part of BAE Systems' Investment in Innovation (I3) initiative the one-year programme will fund Assuria to deliver new technologies in this area of international importance.
Public sector and commercial organisations worldwide are facing unprecedented cyber security threats from known and unknown sources. Both Assuria and BAE Systems provide cyber defence technologies worldwide and the BAE Systems' investment in Assuria includes a series of developments to further extend the capabilities of Assuria technologies in areas of critical importance to companies and governments worldwide and to allow close integration with BAE Systems technologies. In addition to this, BAE Systems will look to introduce solutions combining Assuria technologies with existing BAE Systems cyber security and analytics technologies.
Increasing acknowledgement of the need for comprehensive cyber defence systems for critical national infrastructure, government agencies and commercial corporations is driving innovation in cyber security. Partnerships such as this one between Assuria and BAE Systems, which bring specialist technology innovation together with the vast technological resources, human skills and business reach of a major defence contractor are building the powerful cyber defence systems that are needed today and in the future.
Terry Pudwell, Director and joint founder of Assuria said "BAE Systems' selection of Assuria for this important investment and marketing programme is a strong endorsement of both Assuria the company and of the company's innovative technology and software solutions and we're delighted to be a part of BAE Systems' innovative approach to meeting the cyber security needs of companies and government agencies."
David Mullin, BAE Systems, Manager Investment in Innovation said "BAE Systems' Investment In Innovation accelerates and supports the development of capabilities required in our future supply chain. We are pleased to be working with Assuria to enhance their capabilities to protect and manage cyber infrastructures."
BAE Systems Investment In Innovation is a multi-million pound annual investment fund, developing technologies for the company's defence and security customers. It also provides non-financial support, drawing upon BAE System's engineering, project management and technology resources. It provides partner companies with test and evaluation facilities, places members of staff with partner companies and supports other initiatives to reinforce and accelerate the development of technology. Initially focussing on intelligence, security and resilience technologies, Investment in Innovation will consider any technologies that benefit BAE Systems and its customers.
About Assuria: UK based Assuria is a leading cyber security solutions company, with customers in more than 40 countries. Hundreds of major government, defence, financial services and other commercial organisations around the world use Assuria cyber security, compliance and monitoring solutions to maintain control over their IT configurations and to satisfy operational, regulatory and IT security requirements.
About BAE Systems:
BAE Systems is a global defense, security and aerospace company with approximately 107,000 employees worldwide. The Company delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. In 2009 BAE Systems reported sales of £22.4 billion (US$ 36.2 billion).
For more information contact:
T +44 (0)118 935 7395
T +44 (0) 1252 384708