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Norway Registers Development AS acquired 70 per cent of 360° Smart Consulting Ltd. shares

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Norway Registers Development AS (NRD), a part of BAIP group, has invested in the East Africa and acquired 70 per cent shares of Tanzanian company 360° Smart Consulting Ltd. The contract on acquiring the shares was signed in Dar es Salaam on the 4th of April, 2013.

The main purpose of the investment is to be closer to the clients of the East African region, where NRD has been actively engaged in the register reforms for the past 15 years and has recently started activities in the cyber security area. Together with NRD Cyber Security Center team, 360° Smart Consulting will provide on-site delivery of the NRD services to its clients and partners. It will help NRD East Africa partner SimbaNET to ensure the success and fluency of NRD Cyber Security operations in the region, and assist organizations in the adoption of the Cyber Defence Plan.

By investing in the 360° Smart Consulting we are also starting to collaborate with a strong team of certified professionals. They have deep IT industry knowledge, consulting, cyber security, and information system audit proficiency as well as experience in working with international organisations and corporations. Together we will advance our digital forensics, incident response, cyber security, and intelligence services in the East Africa. We will also collectively help our clients there to adopt the technologies that ensure business continuity and cyber defence. In addition, this investment will also help to further other NRD AS services such as business environment improvement reforms in the region’, said NRD AS Chairman of the Board Kazimieras Tonkūnas.

‘I feel very proud to become a member of the international NRD Cyber Security Team. I am confident that the new owners of the 360° Smart Consulting will lead the company towards growth and achievement of our common strategic goals: improvement of business climate and cyber security in East Africa as well as local community capacity building’, said Sebastian Marondo, CEO of 360 Smart Consulting Ltd.

360° Smart Consulting provides Outcome Based Transformational Services and solutions which are aimed towards enhancing business value of IT, maximizing return on investments and building long term capabilities for the customers. The company’s mission is to provide fast and reliable IS audit, security consulting and advisory to small and medium business (SMEs), and public organizations for the sake of providing assurance and improvement of their performance.

Norway Registers Development AS specializes in the designing, development and implementation of legal, institutional and operational framework supporting the business enabling environment and the management of property rights ruled by the law. NRD’s field of expertise covers the complete range of activities from raising awareness and political commitment, project design and preparations, institutional building and training, system development, implementation support and execution as well as register operation, operational support and maintenance. After the merger with BAIP, NRD has expanded its services portfolio to the areas of critical ICT infrastructure and cyber security where BAIP has been working for more than 20 years.

NRD AS belongs to BAIP Group together with UAB BAIP and UAB NRD. BAIP Group is a group of companies that specialises in the field of critical information systems for governments and large organisations. Together with its sister company BAIP, NRD AS operates and implements projects in the areas of Central and Eastern Europe (CEE) and East Africa. Currently NRD and BAIP in cooperation with ISACA Tanzania Chapter are working on creation and implementation of Consultative Tanzanian National Cyber Security Framework.

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