NCC Group has entered (through one of its subsidiaries)into an acquisition agreement with Dutch cyber security solutions provider Fox-IT Holding for a total consideration of 133.25m euros.
Under the terms of a deal, the Fox-IT brand will be continued as well as the management team will remain in place.
Following the deal Fox-IT will expand its technology solutions on a global scale as NCC Group has a multi-national footprint with around 30 global offices.
NCC, the UK-based provider of escrow, assurance and domain services, will expand into contextual security analysis, advanced threat intelligence and online fraud detection.
"This is an opportunity to acquire a substantial European cyber security business that focuses on security analysis and threat intelligence, at a time that organisations globally are only now beginning to appreciate that they need to be proactive, not reactive, in dealing with cyber security," said Rob Cotton, NCC Group Chief Executive.
"Fox also has a range of complementary professional and managed services and products which we aim to distribute internationally."
Fox, which is based in Delft in the Netherlands, currently hires approximately 250 technical security experts and personnel in high assurance cryptology and forensics capabilities. The company's key area of speciality include products, managed services, threat intelligence, forensics and incident response.