SGS Acquires Certification Specialist CertX

Dow Jones

2024-12-16

By Najat Kantouar

SGS said it acquired cybersecurity certification specialist CertX.

The Switzerland-based inspection, testing and certification provider said Monday that the move aligns with its strategy to deliver at least 200 million Swiss Franc ($224 million) in revenue from its digital trust services by 2027.

The acquisition is expected to enhance SGS's advantage in high-assurance cybersecurity and AI certification, the company said.

It didn't disclose any financial details.

Write to Najat Kantouar at najat.kantouar@wsj.com

(END) Dow Jones Newswires

December 16, 2024 01:19 ET (06:19 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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