In a move to enhance its digital asset management capabilities, BAE Systems has acquired Eurostep, a secure data sharing company based in Sweden.
This acquisition will integrate Eurostep into BAE Systems’ Digital Intelligence business, building upon the existing relationship between the two companies.
Dave Armstrong, Group Managing Director at BAE Systems Digital Intelligence, emphasised the significance of the acquisition in a press release:
“This acquisition represents a key step in delivering our exciting and ambitious investment strategy in innovative, data-led technologies including continued development in BAE Systems digital asset management suite, PropheSEA.”
The partnership aims to address the increasing demand for digital asset management and the critical importance of secure data sharing among BAE Systems’ customers. Armstrong added, “We’re now strengthening our portfolio to expand our leading-edge solutions to customers and help them tackle complex challenges on their digital transformation journey.”
Mattias Johansson, CEO of Eurostep, reflected on the long-standing collaboration with BAE Systems and the future benefits of the merger:
“By joining BAE Systems Digital Intelligence we now have the added resources to increase software development and customer outreach.” Johansson also ensured that Eurostep’s ShareAspace products will continue to be available directly to customers, in addition to being a core component of the PropheSEA suite.
