Feeds

Ibas buys computer forensics rival Vogon

No hideous poetry involved, thankfully

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

Ibas, the data recovery and computer forensics firm, is to buy its main European competitor, UK-based Vogon International.

The earn-out deal specifies a minimum price of £4m ($7.5m) and a maximum of £9m ($17m). Vogon will continue as a separate firm until the end of the year, with the integration with Norway-based Ibas kicking off on 1 January 2006.


Vogon is privately-owned, and all the shareholders in the UK company have accepted the deal. The acquisition is conditional on a financial due diligence report.

Pinkertons for PCs

Ibas says the deal will create the clear European leader in data recovery and computer forensics or "Europe’s largest force of private data detectives" (Sam Spades for the digital age, if you will). Data recovery is the biggest business area at Ibas while Vogon has specialised in computer forensics. The acquisition will combine two technical teams and research departments in order to "achieve a higher success rate and extra capacity for complex assignments". Vogon’s US operation will give Ibas access to a large and growing market.

"The market for computer forensics is expanding sharply, and the acquisition of Vogon gives us a leading role in this area," said Bjørn Arne Skogstad, president and chief executive of Ibas. "Our own expertise in data recovery and erasure complements Vogon’s leading-edge expertise in investigating computer crime. We will jointly be very well placed in all three business areas."

Ibas estimates the deal will save it between $1.1m (NOK 7m) to $1.6m (NOK 10m) on its bottom line by 2006 thanks to rationalisation of suppliers, overlapping support functions and locations.

Vogon had sales of $11.4m in 2004, with an operating loss of $1.1m. Ibas made $1.6m on sales of $14.5m last year. The acquisition will increase the Ibas workforce from 89 to 171. The firm’s head office will be at Kongsvinger, north of Oslo. ®

Related stories

Investigators uncover dismal data disposal
Merger creates world's biggest IT security services firm
Cybersleuths track Dame Porter s millions
Forensic computing uncloaks industrial espionage

Internet Security Threat Report 2014

More from The Register

next story
FYI: OS X Yosemite's Spotlight tells Apple EVERYTHING you're looking for
It's on by default – didn't you read the small print?
Russian hackers exploit 'Sandworm' bug 'to spy on NATO, EU PCs'
Fix imminent from Microsoft for Vista, Server 2008, other stuff
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Microsoft pulls another dodgy patch
Redmond makes a hash of hashing add-on
'LulzSec leader Aush0k' found to be naughty boy not worthy of jail
15 months home detention leaves egg on feds' faces as they grab for more power
China is ALREADY spying on Apple iCloud users, claims watchdog
Attack harvests users' info at iPhone 6 launch
Carders punch holes through Staples
Investigation launched into East Coast stores
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.