F-Secure Oyj - Tender offer

F-Secure acquires nSense, Nordic’s leading cybersecurity provider

Stock exchange release, 2 June 2015, 09.00 a.m. (EEST)

F-Secure has signed a definitive agreement to acquire nSense, a privately held
Danish company providing security consultation and vulnerability assessment
services and products to large enterprises. The acquisition strengthens
F-Secure's position as a prominent security vendor in Europe, and lays a
foundation for the company's growth as a cybersecurity leader in the region. 

nSense provides protection services to financial institutions, service
providers, and other large enterprises, and F-Secure's acquisition of the
company will add these services to its own leading security solutions. The
combined portfolio will allow F-Secure to provide top tier incident response
and forensic expertise, comprehensive vulnerability assessment, and threat
intelligence and security management services to enterprises and businesses
with critical IT infrastructure. nSense's vulnerability scanning solution,
named Karhu, is actively used by enterprise customers. 

nSense is headquartered in Denmark, and it has offices in Finland, Poland and
Norway. In 2014 the company's revenues amounted to approximately 7 million
euros and the company was profitable. 

The deal value consists of an immediate payment of 11 million euros in cash, a
deferred payment of 4 million euros in F-Secure shares and an earn-out element
worth a maximum of 3 million euros in cash subject to the achievement of
certain milestones in the next two years. 

nSense CEO Jens Thonke will join the F-Secure Leadership Team as of  2 June
2015 and lead a business line focused on security advisory and vulnerability
assessment.  All of the around 70 nSense employees will transfer to F-Secure. 

F-Secure's CEO, Christian Fredrikson:

“Information security threats are becoming more stealthy, sophisticated and
complex, and we need to be able to provide services that help our customers
prevent potential threats from becoming security incidents. nSense's
cybersecurity products and services help us expand into new industry segments
and strengthen our capabilities to address the attack detection and prevention
needs of enterprises. Adding their expertise to our own will let us develop new
cybersecurity products, and we look forward to providing these to our customers
to address their current and future security needs.” 


Additional information

www.f-secure.com/enterprise-security (to be published soon after the release)

F-Secure Corporation

Christian Fredrikson, CEO
tel. +358 9 2520 0700

Saila Miettinen-Lähde, CFO
tel. +358 9 2520 0700


F-Secure - Switch on freedom
F-Secure has been defending tens of millions of people around the globe from
digital threats for over 25 years. Our award-winning products protect people
and companies against everything from crimeware to corporate cyberattacks, and
are available from over 6000 resellers and 200 operators in more than 40
countries. We're on a mission to help people connect safely with the world
around them, so join the movement and switch on freedom! 

Founded in 1988, F-Secure is listed on NASDAQ OMX Helsinki Ltd.
f-secure.com | twitter.com/fsecure | facebook.com/f-secure


nSense
nSense is a well established company with high competence in enterprise
cybersecurity. nSense has offices in Helsinki, Copenhagen, Oslo and Poznan.
With focus and knowledge of five main customer segments consisting of the
financial-, service provider-, gaming- and -governmental sectors combined with
world leading brands, nSense has quickly grown to be a leading actor on the
North-European market.