Ekinops to deliver European cybersecurity with Olfeo acquisition
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Ekinops has successfully completed the acquisition of 100% of the share capital of Olfeo, a French provider of SSE cybersecurity software. The transaction, which was subject to customary closing conditions, was announced in a press release on 15 May 2025.
This combination establishes a leading European player in the network cybersecurity market, in the rapidly growing segments of SSE (Security Service Edge) and SASE (Secure Access Service Edge), showcasing French expertise on both the European and global stages. Olfeo is a long-standing technology partner of Ekinops, already contributing to its SD-WAN offering.
Olfeo’s management team is fully committed to this merger. In this context, Alexandre Souillé, founder and CEO of Olfeo, along with his team, will continue to develop the cybersecurity activity within Ekinops.
Founded in 2003 and based in Paris, Olfeo is a cybersecurity software company that protects enterprise information systems from cyberattacks and risks related to employee Internet usage. Its web security gateway products are offered through a subscription model, either as SaaS (Software as a Service) or on-premises. One of the leading European players in SSE, Olfeo delivers web security that combines multiple layers of protection (such as SWG, CASB, DNS, and DLP) to protect enterprise information systems.
With a team of 60 employees, half of whom are dedicated to R&D, Olfeo secures network and web access to over 500 customers and partners (businesses, local authorities, healthcare institutions, French governmental service and infrastructure operators, among others).
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The convergence of network connectivity and cybersecurity challenges is central to today’s digital transformation for businesses. Operators are actively seeking single-vendor network cybersecurity systems that are sovereign, readily available, and combine performance, security, ease of deployment, and regulatory compliance.
According to the Dell’Oro Group, the SASE for networks cybersecurity market is estimated to exceed $9 billion by 2025, with an average annual growth rate of over 13% in the coming years. By 2026, Ekinops aims to establish itself in the “Unified SASE” segment, offering a fully integrated solution specifically designed for mid-sized companies (SMB and SME). Ekinops intends to target this segment by leveraging its existing customer base with major telecom operators. The “Unified SASE” market is expected to surpass £600 million by 2025, with an average annual growth rate of over 27% over the next few years.
Together, Ekinops and Olfeo will be able to meet the growing needs of public and private organisations for secure cloud access and agile network infrastructures, offering high-performing and responsible European technology.
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