Danish firm Zacco buys Lakhshya Cybersecurity Labs for undisclosed sum

Zacco, one of Europe’s largest intellectual property firms, has acquired Lakhshya Cybersecurity Labs, a Coimbatore-based cybersecurity research and consulting services company. The deal is an important step for Copenhagen-based Zacco in establishing a global Cybersecurity Centre in India. However, the firm did not reveal the financial details of the deal.

“India is today a global hub for advanced digital technology. Lakhshya is adding unique expertise to our current R&D centre in Bengaluru,” said Mats Boström, CEO, Zacco Group. “In the digitalised world, cybercrime and digital threats are unfortunately an increasing challenge for many organisations and individuals. Data, algorithms and all types of digital technology are today significant intellectual property and strategic assets,” said Bostrom.