Leonardo Becomes Largest Shareholder in SSH Communications Security ...

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Italian Leonardo, one of the European defense giants, announced on Tuesday that it would make a 20 million euro investment in Finnish SSH Communications Security.

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SSH Communications Security plans to enter into a strategic partnership with Leonardo S.p.A., a global player in the aerospace, defense and security sectors. Leonardo is becoming SSH's largest shareholder.

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The Chairman of the Board of Directors of SSH considers the cooperation with Leonardo more important than the capital obtained from the directed share issue.

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Leonardo will strengthen its portfolio of cyber products with an increasingly international perspective, acquiring a share of 24.55% of SSH Communications Security Corporation (SSH) - a Finnish cyber-security company. The investment, for a total value of 20 million euros, is consistent with Leonardo's Industrial Plan and consolidates the European leadership of the company in Trusted Cyber Security, i.e. the IT security model according to which t…