Arctic Stream, IT infrastructure and security integrator and issuer listed on the Bucharest Stock Exchange (BVB), announces the signing of a memorandum of understanding regarding the transfer of 23% of the share capital of Data Core Systems (DCS), one of the leading service providers of cyber security from Romania.
Data Core Systems is one of the most relevant players on the cybersecurity market in Romania, offering complete solutions and services such as prevention, detection and response to all types of cyber threats. The team holds more than 120 top-level technical certifications and has partnerships with more than 50 technology providers. The company’s clients include: 10 of the top 10 banks and the main utility providers in Romania, the top 5 insurance companies in the CEE region, along with companies from telecom, manufacturing, media, retail and other fields.
“Through the signed memorandum, we are taking a first step for the integration of the Arctic Stream and Data Core Systems businesses in what will become the strongest technology pole in terms of the integration of IT solutions and cybersecurity services in Romania. Both companies have rich experience in complementary fields, certifications from top suppliers, an extensive client portfolio in several fields, but – above all – we share the same values and perspectives on business development. This is the beginning of a strategic partnership in which together we will become one of the strongest players in the IT services market. To achieve this goal, we rely, first of all, on maintaining and increasing the quality of the team,” said Dragoș Diaconu, founder and General Director of Arctic Stream.
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