mFirst Security Announces Acquisition by Mobi Guard
LONDON, June 21, 2019 (Newswire.com) - mFirst Security Ltd., a London-based international mobile application security company, is pleased to announce it has entered into a definitive agreement to be acquired by Mobi Guard Ltd., a leading company in cybersecurity.
mFirst Security Ltd. is an industry forerunner in mobile application security. Its flagship products mShieldSMand mScanSM, are used by firms around the world in banking, insurance and mobile gaming to ensure critical data is protected.
“We are pleased to partner with a leading cybersecurity firm like Mobi Guard,” said Sean Salloux, director of mFirst Security. “Their sales channels and deep industry expertise make this an excellent partnership to jointly pursue a market projected to grow to $42 billion by 2024 and expanding at an astonishing 48 percent CAGR.”
“mFirst represents a valuable addition to the Mobi Guard family and enables us to accelerate our strategic expansion of Mobi Guard into the mobile application security space,” said Jayson Li, CEO of Mobi Guard.
About mFirst Security
Founded in 2016, mFirst Security is a technology firm specializing in mobile application security with offices in the United Kingdom and the United States and serving clients in North America, Europe and Asia.
About Mobi Guard
Mobi Guard is a leading cybersecurity company with operations and customers in North America, Europe and Asia.
For more information about Mobi Guard, please contact investor relations at (201) 306-4062.
Source: mFirst Security Ltd.