AsiaInfo Security Acquires Service Cloud Information to Build a Complete Cloud Security System
DATE:  Oct 20 2023

KFigure 688225_0

on October 20, asian trust security technology co., ltd. (hereinafter referred to as "asian trust security" and stock code: 688225.SH) issued a public announcement to formally acquire Xiamen fuyun information technology co., ltd. (hereinafter referred to as "fuyun information" and brand name "safe dog"). after the completion of this transaction, asian trust security will hold 75.96 percent of fuyun information and fuyun information will become the holding subsidiary of asian trust security.

It is understood that service cloud information is a manufacturer focusing on cloud computing security. It is the first to carry out technology research and innovation based on the concept of cloud workload security (CWPP) in China, and has outstanding technical strength in cloud native security (CNAPP), cloud security situation management (CSPM) and other fields. In terms of cloud host security, public cloud SaaS products, private cloud security platform, container security, cloud native security, micro-isolation, etc., Service Cloud Information also has industry-leading technologies and products.

With this acquisition, CICA Security and Service Cloud Information will deeply integrate the technical capabilities of cloud security products, forming a strong strength in cloud host security, accelerating the innovative development of cloud-native security, and building a complete cloud security system. Service cloud information has core capabilities in cloud-native security, container security, micro-isolation and other cloud security innovation tracks, which is consistent with the concept of CICA's security innovation breakthrough. The two sides will further expand the scope of cloud security protection, covering physical machines, virtual machines, host computers and cloud-native environments, forming a comprehensive coverage of security capabilities and accelerating the innovation track and application of comprehensive breakthroughs.

At present, cloud security has become one of the high-growth segments of the network security industry. According to IDC data, cloud security track predicts that it will maintain a compound market growth rate of more than 30% in the next three years, with broad growth space. As the core strategic product of AsiaInfo security, cloud security is one of the key areas of the company's layout and development. Its cloud host security DS has the advantage of full coverage of cloud workload protection platform model (CWPP), creating a one-stop cloud host security protection system for users' virtual environment and cloud environment. Its leading strength has been widely recognized by the industry and has been selected as a Gartner CWPP application demonstration manufacturer for two consecutive years, at the same time, Sullivan's "2021 China Cloud Host Security Market Report" innovation index ranked first.

He Zheng, Chairman of AsiaInfo Security, said: "This acquisition of the service cloud information business, based on our insight into the upgrading and development of the industry, is a key step in upgrading the core technology of AsiaInfo Security Cloud Security and enhancing its market value. After the acquisition, we will further enhance our overall competitiveness in the security field, expand the coverage of our user base, and expand the market share and influence of AsiaInfo Security in the cloud security field. The deep integration of the two sides will inject the power of integration and innovation into the development of domestic cloud security field, provide a solid security cornerstone for the cloud and intelligent transformation of thousands of industries, and empower the innovative needs of industrial digital upgrading and development."

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