SPIE has acquired Cyqueo, a specialized cybersecurity solutions provider, to enhance its cybersecurity services and strengthen its position in the rapidly growing cybersecurity market.

Target Company Overview

SPIE Germany Switzerland Austria, a leading European provider of multi-technical services in energy and communication sectors, has enhanced its capabilities by acquiring Cyqueo, a specialized cybersecurity solutions provider based in Munich. Established in 2003 by Philipp and Patric Liebold, Cyqueo has developed a strong reputation in the cybersecurity industry, protecting approximately 1.6 million users through its robust offerings.

With an impressive average of 16 relevant certifications per employee, Cyqueo is recognized as one of the highest-qualified cybersecurity providers in Germany. The company specializes in key areas such as Zero Trust, Cloud Security, Endpoint Protection, and Managed Security Services, and has established long-standing partnerships with major firms like Zscaler and Proofpoint for over 15 years.

Industry Overview in Germany

The cybersecurity industry in Germany is experiencing rapid growth, driven by increasing digitalization, regulatory requirements, and rising threats from cyberattacks. Organizations are investing heavily to protect their i