ENIGMA to Acquire IOT Security Provider Dellfer, Continuing Rapid Expansion of Its Zero Trust Cybersecurity Platform | PR Newswire [Video]

Second acquisition in six months is part of larger acquisition plans for the next generation platform by cybersecurity private equity firm Option3. All-stock deal would make early backer DENSO, the world’s #2 automotive parts supplier, a large shareholder in ENIGMA.

, /PRNewswire/ — Option3, a cybersecurity private equity specialist with a deep heritage in U.S. national security, today announced ENIGMA’s agreement to acquire Dellfer Inc., a pioneering firmware security company serving the automotive and broader Internet of Things (IoT) markets. The transaction comes months after ENIGMA’s acquisition of Onclave Networks in August 2024 and represents a significant expansion of the Platform’s capabilities. It also initiates a process of product integration, aiding both companies’ enterprise sales efforts that are already in progress, and lays the groundwork for Option3’s future acquisition plans for the Platform.

Structured as an all-stock transaction, Dellfer shareholders, including DENSO Corporation of Japan, will join ENIGMA’s expanding investor base. Over the past …