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Westminster Asset Management
Home Business Digital & Technology

Local IT provider SystemLabs acquires RedCoin to bolster security offering

October 6, 2021
in Business, Digital & Technology, Jersey
Systems Labs directors
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Jersey based tech company SystemLabs has acquired IT security products and services distributor Redcoin, adding to their existing IT security, services and support offering.

The acquisition bolsters SystemLabs’ existing knowledge in cybersecurity and adds a wealth of security products to its roster. These include everything from preventative solutions such as firewalls, encrypted hard drives and 2-factor authentication keys to disaster recovery and remote device wiping services, providing scalable solutions for customers of all sizes.

Along with the wealth of security products and support, the acquisition sees the MD of Redcoin, Alex Blackwell, move to SystemLabs as part of the deal, adding years of expertise in cybersecurity to the SystemLabs team.

Jamie McDonald, Director and Head of Infrastructure said “We are thrilled with our acquisition of Redcoin. This strategic move not only gives us access to a range of security tools and vendors which will enable us to further meet our existing client’s cyber-security needs, but also provides access to a new client base whom we can help further assist with their overall technology requirements.

“I speak for all the team when I say, we are very much looking forward to getting to know our new clients. The icing on the cake for us is having Alex Blackwell join the leadership team as Director of Business Development, with his extensive business experience and personal network both on Island and within the UK this is an incredibly exciting time of growth for SystemLabs.”

Alex Blackwell previously of Redcoin and now Director of Business Development at SystemLabs said, “The past 18 months have been a catalyst to the way businesses operate and has changed the IT threat landscape drastically. It is even more relevant today for organisations to have affordable solutions and services to enhance their security posture, while increasing productivity and profitability.

“The combined skillset offered by both organisations strengthens our proposition across Security, Development and Professional Services, which is a unique proposition to the Islands. We are excited to take this journey with our clients and to support them proactively and efficiently over the years to come.”

The move to acquire Redcoin comes at a time of growth for the local company after some recent new appointments of team members to meet growing demand of its clients.


The main image shows the SystemLabs Directors (from left to right), Jamie McDonald, Alex Blackwell and Steve Quinn.

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