Wire Acquires Pydio for Enhanced Secure Workspace
Deal News | Jan 14, 2025 | PR Newswire Cision Wire
Wire, a Berlin-based secure messaging and video conferencing company, has acquired Pydio, a French enterprise document management and sharing platform. This acquisition aims to create an innovative, unified workspace solution called Wire Cells, integrating both companies' strengths in security and collaboration. The merger addresses a significant pain point for organizations needing secure communication without sacrificing productivity or usability. Wire's CEO Benjamin Schilz and Pydio's CEO Charles du Jeu emphasize the potential of their combined technologies to transform industry standards in security-conscious sectors. With a roll-out of the integrated solution planned for Q1 2025, the collaboration between Wire and Pydio represents a significant move towards seamless, secure communication for global teams.
Sectors
- Technology
- Cybersecurity
Geography
- Germany – Wire, the acquiring company, is based in Berlin, Germany.
- France – Pydio, the acquired company, is headquartered in Paris, France.
Industry
- Technology – The acquisition involves companies in the tech sector specializing in secure messaging, video conferencing, and document management solutions.
- Cybersecurity – Both Wire and Pydio emphasize secure communications and document sharing, relevant to industries with stringent privacy and security requirements.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wire | Acquirer | Company | A Berlin-based enterprise-class secure workspace platform focusing on secure messaging and video conferencing. |
| Pydio | Target Company | Company | A Paris-based provider of self-hosted enterprise document management, sharing, and collaboration solutions. |
| Benjamin Schilz | CEO of Wire | Person | Executive leading Wire's vision of integrating with Pydio to provide secure workspace solutions. |
| Charles du Jeu | CEO of Pydio | Person | Executive at Pydio, emphasizing the merger's alignment with their security-focused approach. |