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Press release BoxID: 402213 (INOVASEC GmbH)
  • INOVASEC GmbH
  • Amselstraße 5
  • 68307 Mannheim
  • http://www.inovasec.de
  • Contact person
  • Jari Mielonen
  • +358 (20) 500-7000

Tectia establishes two strategic business units

(PresseBox) (Helsinki, Finland, ) Tectia Corporation, formerly SSH Communications Security Corp. (HEL: TEC1V), the market maker in real-time security software for modern, networked organizations, announced the establishment of two strategic business units, Managed Security Business and Mobile Authentication Business.

The Managed Security business is serving global F1000 companies with their managed security challenges in cross-platform environment by being the first and only managed security vendor for SSH related technologies. The sales strategy is based on channel sales model through System Integrators, Value Added Resellers and regionally certified channel partners with the support of Tectia's regional sales and support centers of excellence located in the Americas, EMEA and APAC. Jari Mielonen, President and CEO, will act as the head of the business unit.

The Mobile Authentication business is based on acquired Mobile authentication technologies and it is serving global enterprises, SMEs and operators with the fastest and most reliable, enterprise level mobile authentication software. The sales strategy is based on channel sales model with System Integrators, Value Added Resellers, OEM vendors and regional distributors. The sales focus in the first phase will be in Europe. Samuli Siltanen, the inventor of recently acquired mobile authentication technologies, will act as the head of the business unit.

The extraordinary cost related to the change in company structure are estimated to be EUR -0.5 million and the estimated annual savings target is EUR 1.5 million.

INOVASEC GmbH

Tectia Corporation, (formerly SSH Communications Security Corp.) is the market maker in real-time security software solutions for modern, networked organizations. We create an invaluable Circle of Trust for our customers and their stakeholders by securing, automating, managing and sharing confidential information with Tectia solutions in fixed, mobile and cloud environments.

We enable and enhance business for thousands of customers in multiple industries in the private and public sectors around the world. We operate in the Americas, Europe, and APAC regions, with headquarters located in Helsinki, Finland. The company was established in 1995, and holds 15 patents. Its shares are quoted on the NASDAQ OMX Helsinki.