OEDIV takes over software vendor iSM Secu-Sys AG
The Bielefeld-based IT service provider OEDIV Oetker Daten- und Informationsverarbeitung KG continues to invest in expanding its security portfolio and has acquired all the shares in the software vendor iSM Secu-Sys AG, Rostock, effective 1 February 2020. OEDIV KG is thus strategically complementing its existing IT security services with horizontal software solutions in the areas of process management, IT security and compliance.
With its product “bi-Cube”, iSM Secu-Sys AG offers flexible corporate solutions, mainly in the field of identity and access management (IAM) for both small and medium-sized enterprises and for large international groups. The IAM solution ensures largely automated authorisation management for users at companies and can be integrated in existing IT systems quickly and easily. That means it is possible not only to verify clearly that authorisations have been assigned correctly, but also to provide proof of that. The result is greater control and transparency on users and authorisations, in particular in complex IT systems. iSM Secu-Sys AG’s portfolio also includes solutions that permit secure authentication (two-factor authentication), compliance, password management and audit-proof policy and document management.
Martin Stratmann, Managing Director of OEDIV KG, emphasises: “iSM Secu-Sys offers a powerful overall package that ideally complements our existing cybersecurity solutions. We’re delighted to have gained around 40 IT experts and specialists who will help our customers reduce risks and create greater transparency and structure.” Delia Wulle, Managing Director of OEDIV KG, also expresses her delight about the acquisition: “It’s part of our long-term strategy and will help us build on our position as a trusted advisor to our customers. The location in Rostock also gives us a big chance to grow our footprint in Northern Germany.”
Professor Dr. Dr. Gerd Rossa, CEO of iSM Secu-Sys AG, notes that he had previously turned down several offers from interested financial investors, but had now found the right partner in OEDIV KG. “My quest for a partner who wants to integrate our product and its team in its portfolio and so enable greater market penetration for our software product bi-Cube has come to a successful culmination with OEDIV’s takeover.
A family-run company like the Oetker Group gives me the assurance that our more than 20 years of work will be continued successfully,” states Professor Dr. Dr. Gerd Rossa.
About iSM Secu-Sys AG
iSM Secu-Sys AG has developed horizontal software solutions in the areas of role and process management, IT security and compliance for more than 20 years. Its core business is in the fields of identity and access management (IAM), consulting, training and research. The company is a reliable partner that assists small and medium-sized enterprises and large groups in all matters related to user and authorisation management with its bi-Cube product suite.