Cyber‑security specialist and secure development company Approach capitalises on successful FinTech solutions and projects for large accounts to grow both organically and by acquisition. Approach is to take over TInSys (Total Integration Systems), a Belgian medium sized software development company, specialising in mobile apps and the Internet of Things (IoT). It is the second acquisition for the growing scale‑up Approach over the last three years.
“Approach and TInSys know each other very well. We have been joining forces regularly in Digital Banking, Payments and Digital Identity projects for more than ten years now” said David Vanderoost, CEO of Approach. “Successful cooperation in delivering and securing the key components of ‘Itsme’, the new Belgian reference for mobile identity and digital privacy (Belgian Mobile ID), made it obvious for both companies to create a Belgian player that can span the entire value proposition in cybersecurity and secure development. With TInSys, Approach can now provide its customers with more comprehensive support for their digital transformation, compliance and innovation programmes.”
“TInSys brings more than 15 years of experience in software development, with distinctive competencies in innovative technologies used in mobile apps, Digital Identity, IoT and Smart Cities” said Eric Bariaux, Founder and Director of TInSys. “We have built our own lab to design and test creative mobile apps in home automation and Smart Cities. With Approach we are now able to expand our research activities and accelerate our market footprint.”
Learn more about our acquisition in our press release.