Fime completes acquisition of Red Alert Labs

Fime has completed the acquisition of Red Alert Labs, the companies confirmed. Financial terms were not disclosed and the transaction is now closed. Red Alert Labs will be integrated into Fime’s service lines.

Fime provides testing, certification and engineering services for the payments and connected industries, supporting manufacturers, banks and industry schemes. Red Alert Labs conducts vulnerability research, security testing and advisory work for device makers, software vendors and service providers.

The deal links Fime’s laboratory and certification operations with Red Alert Labs’ research and testing team. Company statements indicate the combined operations will offer expanded security testing, threat research and product-assurance services to current clients and prospects.

Executives for both firms indicated client-facing operations will continue during the integration and that existing engagements will be honored. The firms plan to align tools, processes and personnel over the coming months as they integrate services.

Background material released by the companies noted the transaction follows industry demand for independent security validation and deeper testing across hardware and software layers. Both firms plan to present updated service offers and technical roadmaps after completing integration planning and any required regulatory notifications.

No timetable or financial details were provided beyond confirmation the purchase is complete. The companies said they will provide further information to customers and partners about operational changes and contact points as the integration proceeds.