EDGE expands portfolio with acquisition of Oryxlabs

EDGE expands portfolio with acquisition of Oryxlabs

UAE’s EDGE Group has acquired OryxLabs, an Abu Dhabi-based cybersecurity company, as part of the defence firm’s strategy to expand its portfolio and provide advanced solutions to solve critical pain points in cybersecurity, both locally and internationally. “EDGE’s rapid growth and increasing emphasis on creating sovereign capabilities necessitate pursuing opportunities that enhance our capabilities and expand our offerings. Adding OryxLabs into the Group is a logical step, enabling us to elevate our portfolio of advanced technology solutions,” said Mansour AlMulla, managing director and CEO of EDGE. Founded in 2020, OryxLabs currently employs three proprietary solutions: The company’s proven track record and its ability to deliver advanced solutions are expected to provide tangible benefits to EDGE. It offers tailored cybersecurity solutions to guard against emerging cyber threats. EDGE’s growth strategy is powered by the advanced programmes and initiatives offered at its recently opened state-of-the-art Learning & Innovation Factory, an Industry 4.0 operational excellence and advanced technology learning and demonstration centre that combines theory, technology and practice under one roof to drive modernisation while encouraging new approaches to its day-to-day challenges across portfolio companies. Meanwhile, is opening LATAM regional office in Brazil, as the UAE’s defence equipment maker continues to grow its