Irish mobile and cloud security company CWSI has forecast annual revenue of €35m after acquiring Mobco.

The deal for the Belgium and Luxembourg-based firm is CWSI's second of 2022, following the purchase of Blaud in April.

CWSI said Mobco's 26 employees, including founder and CEO Ulrik Van Schepdael, are remaining with the business.

"As a founding member of the Enterprise Mobility Experts Alliance, I always valued the strength of collaboration with CWSI," said Van Schepdael.

"Bringing our people, intellectual property and customer relationships together provides a great opportunity to create a true European leader in managing and securing the modern workplace."

In Association with

Mobco works in IT integration, supplying, configuring and supporting hardware, software and services for the workplace, and it has strategic vendor partnerships with Samsung, Apple, Ivanti, VMWare, Jamf and Lookout.

Customers include many of the top 500 enterprises and large public sector organisations in Belgium and Luxembourg.

CWSI said it plans to make Mobco’s proprietary Workplace SaaS portal for procurement, management, repair, and security available in all its territories and channels.

The software has already been adopted by customers including Accenture and the Belgian Defence Force and has been re-branded for Orange Belgium as the core of its new Hardware Comfort service.

"I’m delighted to welcome Ulrik and the team at Mobco into the CWSI Group, This latest acquisition cements our European growth strategy, expanding our market opportunity and bringing valuable intellectual property into the group," said Ronan Murphy, co-founder and CEO of CWSI.

Founded in 2010, CWSI has offices in Dublin and Reading

Photo: Ronan Murphy.