Encryption service provider company, iTwin has been acquired by Singapore’s CloudDesk. The deal, amount of which is still undisclosed, will provide more security to the CloudDesk products.
iTwin Pte Ltd has 2 of the notable products as of today, iTwin Connect and iTwin Remote file access provide end to end file transfer and encryption along with providing plug and play VPN as well as Remote Desktop Service to the users.
The acquisition, better considered to be a strategic one, is expected to provide better and secure options to the Virtual Desktop Infrastructure and mobile computing software. Most of the customers for CloudDesk include government agencies, educational institutions & enterprises in regions around Singapore.
Speaking on the acquisition, Cj Ong, CEO – CloudDesk said, “The acquisition is an important strategic move, as it allows us to access ITwin’s library of proprietary technology in deep-level encryption as well as customer base. Furthermore, the acquisition allows us to further innovate in delivering Secure Mobile Workspaces for Enterprise,”