Ekinops completes the acquisition of Olfeo and strengthens its position in cybersecurity

On June 2, 2025, Ekinops announced the completion of the acquisition of Olfeo, a French SSE cybersecurity software vendor. This transaction, which closed on May 30, marks Ekinops' entry into the European network cybersecurity market. The all-cash acquisition reinforces Ekinops' strategy to become a major player in the Secure Access Service Edge (SASE).

Olfeo, founded in 2003, offers web security solutions for businesses. With 60 employees, Olfeo provides network security for over 500 clients. In 2024, the company generated annual recurring revenue of €6.3 million with an EBITDA margin exceeding 20%.

Ekinops plans to position itself in the unified SASE segment by 2026. This integration with Olfeo will meet the growing security needs of public and private organizations.