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SYNAQ Founder buys back business from Dimension Data

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In a move that will resonate with innovators and entrepreneurs, SYNAQ, South Africa’s trailblazer in cloud-based email security services, announced the buy-back of the company from Dimension Data.

Established in 2004, SYNAQ has been instrumental in shaping cloud-based email services in the country, long before “the cloud” became an industry buzzword.Founded at the cutting edge, SYNAQ developed and launched South Africa’s first cloud-based email security platform in 2004. In 2010, SYNAQ was ranked by Forbes Magazine as one of the top 20 Tech companies in Africa.

Dimension Data’s sales force helped take SYNAQ’s enterprise-grade email packages to a broader audience of mid-market customers.Japan’s Nippon Telegraph and Telephone Corp’s acquisition of Dimension Data opened the door for SYNAQ to buy the entity back. “We remain passionate about unparalleled cloud-based email security services for large and small businesses, alike”, said SYNAQ’s CEO and Founder, David Jacobson.

“This is about building on a solid foundation and embracing the rapid innovation and agility that independence affords us,” added Jacobson. By integrating predictive analytics, analysing historical data, user behaviour, and contextual information, SYNAQ’s email security solutions identify patterns indicative of malicious activities for early threat detection of spear-phishing attempts, Business Email Compromise , and account takeovers, mitigating potential damage before it occurs.

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