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Sektor acquires Duo group of companies
Sektor New Zealand announced on 01 July the acquisition of leading cyber security distributor Duo NZ Ltd.
According to Sektor New Zealand’s Managing Director, Andre van Duiven, “Cyber security threats are growing to be a major risk for all businesses and the market for cyber security solutions is growing accordingly”.
“Duo’s position as the cyber security market leader fits perfectly with Sektor’s plan to support this growing market, especially in Sektor’s vertical markets such as Mobile Computing, Security Cameras, Retail POS and Healthcare where cyber threats are now starting to be fully appreciated,” he said.
Duo was founded in 1996 by Kendra Ross and Jackie Hatchwell. Kendra Ross has been appointed General Manager of the new division with all DUO management and staff being retained.
“We are absolutely thrilled to have found an acquirer in Sektor who shares Duo’s values and culture” said Duo Co- Founder and CEO Kendra Ross “Sektor are market leaders in verticals that are increasingly intersecting with the cyber security market, it’s an emerging market for us that we have been very keen to pursue.”
“Sektor offers us a platform for further growth as part of a larger New Zealand-owned distributor, both in New Zealand and in Australia. The whole team are excited about this next chapter in the Duo story,: said Jackie Hatchwell Duo Co- Founder.