Oslo-based cybersecurity company Pistachio has completed the acquisition of Hugin.io's intellectual property. This strategic move allows Pistachio to enhance its risk management services, specifically focusing on cybersecurity compliance.
By moving from human risk management to a more robust cybersecurity framework, Pistachio aims to improve its offerings. The financial terms of the acquisition remain undisclosed, but the strategic intent is clear.
This acquisition will enable Pistachio to better address compliance management in the cybersecurity field, responding to an increasing demand for such services from organizations globally.