Foursys, which will become Chess Cybersecurity, put Chess into the cybersecurity game – most of its acquisitions have been outside that area such as Lanway, Parachute IT and Compwise Systems.
Now the word on the street is that Chess is looking to make another acquisition in the security space. Most of this was due to the Foursys deal paying off so well.
It is not clear who Chess is looking at, or when the deal will be announced, but the plan seems to be to broaden Chess’ cybersecurity space offering.
Apparently there are plenty of companies for sale and because of the increased interest in cybersecurity there have been a number coming to the market.
Chess, COO Steve Cox is leaving the VAR to take on the role of VP of customer success at insurance software firm Vertafore, a switch which will see him move to Denver. Cox joined Chess last year and was instrumental in setting up the firms ICT division.