Swiss Post makes encrypted cloud services push with Tresorit deal

Digital privacy and security are top priority

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Swiss Post has acquired a majority stake of European end-to-end-encryptedcloud servicesprovider Tresorit.

Financial details of the acquisition were not disclosed, but Tresorit says it plans to improve on digital privacy and security once the acquisition is finalized, with the collaboration set to strengthen both companies and open new opportunities for their customers.

Founded ten years ago, Tresorit says it plans to further expand its presence in Germany, Austria and Switzerland following the deal.

Encrypted cloud

Encrypted cloud

“We also continue to serve our global regions of EU countries, the UK and the US,” Tresorit said in ablog post. “Operating under Swiss data protection legislation since the early days, our state-of-the art technology will contribute to expanding Swiss Post’s existing digital product portfolio.”

“As part of Swiss Post, we’re excited to continue to develop privacy-focused, end-to-end encrypted productivity and workspace tools that enable individuals and businesses to work easily and securely knowing that their valuable data is safe from any third-party access.”

Tresorit assured its customers nothing would change moving forward, with all services offered by the company will continue as usual. The company plans to maintain its current management team including its founders and shareholders, as Tresorit will be an independent entity within the Swiss Post group.

Swiss Post is active in 25 countries, employs more than 54,000 people worldwide and generated a turnover of over $7.6 billion in 2020.

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ViaTechCrunch

Abigail is a B2B Editor that specializes inweb hostingandwebsite buildernews, features and reviews at TechRadar Pro. She has been a B2B journalist for more than five years covering a wide range of topics in the technology sector from colocation and cloud to data centers and telecommunications. As a B2B web hosting and website builder editor, Abigail also writes how-to guides and deals for the sector, keeping up to date with the latest trends in the hosting industry. Abigail is also extremely keen on commissioning contributed content from experts in the web hosting and website builder field.

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