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Ekinops announces the acquisition of Olfeo, a cybersecurity software provider for businesses

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Olfeo, a French SSE (Security Service Edge) software provider, securing Internet access against cyberattacksOver 500 customers – €6.3m in Annual Recurring Revenue (ARR) in 2024Combined with its SD-WAN offering, Ekinops becomes a leading European provider of Secure Access Service Edge (SASE) solutions for networks cybersecurity, in line with its Bridge strategic planTransaction fully financed in cash

PARIS, May 15, 2025 /PRNewswire/ — EKINOPS (Euronext Paris: FR0011466069) (Euronext Paris: EKI), leading supplier of telecommunications solutions for telecom operators and enterprises, announces the signing of an agreement with the shareholders of Olfeo, a French provider of Secure Service Edge cybersecurity software for enterprises, to acquire 100% of the company’s share capital. Olfeo is a long-standing technology partner of Ekinops, already contributing to its SD-WAN solution as a key technology provider.

 

 

This combination creates a leading European player in the fast-growing SSE (Security Service Edge) and SASE (Secure Access Service Edge) markets for networks cybersecurity, bringing French cybersecurity expertise to the European and global stage.

Olfeo, a French leader in SSE and enterprise web security

Founded in 2003 and based in Paris, Olfeo is a cybersecurity software company that protects enterprise information systems from cyberattacks and risks related to employee Internet usage.

Olfeo’s web security gateway solutions are offered through a subscription model, either as SaaS (Software as a Service) or on-premises.

Olfeo is one of the leading European players in SSE (Security Service Edge) and offers a web security solution that combines multiple layers of security (SWG, CASB, DNS, DLP, etc.)[1] to protect enterprise information systems.

With a team of 60 employees, half of whom are dedicated to R&D, Olfeo secures network and web access of over 500 customers and partners (businesses, local authorities, healthcare institutions, French governmental service and infrastructure operators, etc.).

Olfeo generated €6.3m in recurring revenue (ARR – Annual Recurring Revenue) in 2024, with an EBITDA[2] margin of over 20%.

Ekinops’ existing footprint and expertise in managing critical networks, combined with Olfeo’s innovative solutions will generate new growth opportunities in Europe and globally.

Ekinops becomes a European market leader in Secure Access Service Edge (SASE), driving a shared vision of the secure cloud

The convergence of network connectivity and cybersecurity challenges is at the heart of today’s digital transformation for businesses. Operators are very much on the look for single-vendor network cybersecurity solutions that are sovereign, immediately available, and combining performance, security, ease of deployment and regulatory compliance.

The SASE for networks cybersecurity market is estimated at over $9bn by 2025, with an average annual growth rate of +13% over the next few years[3].

By 2026, Ekinops aims to position itself in the “Unified SASE” segment, with a fully integrated solution specifically designed for mid-sized companies (SMB and SME). Ekinops intends to address this segment by leveraging its installed customer base with major telecom operators.

The “Unified SASE” market is estimated to exceed $600m by 2025, with an average annual growth rate of over +27% over the next few years.

Together, Ekinops and Olfeo will be able to meet the growing needs of public and private organizations for secure cloud access and agile network infrastructures, offering a high-performing and responsible European technology.

An acquisition in line with the Bridge strategic plan ambitions to accelerate Ekinops’ leadership in the most dynamic market segments

This transformative move is a major first step in the achievement of Ekinops’ Bridge strategic plan, aimed at positioning the Group in high-growth markets.

Through Bridge, Ekinops aims to quickly return to double-digit growth, generating more than 30% of its annual revenue from Software & Services by 2028, including over 50% as ARR.

With Olfeo, Ekinops would have generated 22% of its sales through Software & Services activity (2024 pro forma data).

Terms and conditions of the transaction

Ekinops is acquiring 100% of Olfeo’s share capital through its holding company, Oscar SAS, from its founding shareholders, financial investors and employee shareholders.

This acquisition is fully financed in cash, using Ekinops’ own funds and the syndicated credit line dedicated to external growth, provided by its banking partners. The pro forma[4] balance sheet of the combined entity will remain very solid, with a net cash[5] position still positive after the transaction. As a reminder, Ekinops reported a positive net cash position of €29.5m at the end of 2024.

Its completion is subject to customary conditions and is expected to occur in the coming weeks.

Olfeo’s management team is fully committed to this merger. In this context, Alexandre Souillé, founder and CEO of Olfeo, along with his team, will continue to develop the cybersecurity activity within Ekinops.

“This alliance with Ekinops is a tremendous opportunity for Olfeo to accelerate its development while remaining true to its founding values: sovereignty, innovation, and close customer relationships. By joining forces with a recognized French technology player in the telecommunications network space, we are strengthening our offering of SSE and SASE, while continuing our mission to secure Internet and cloud access in full compliance with European regulatory standards,” declares Alexandre Souillé, President and co-founder of Olfeo.

“Olfeo is a French gem that shares with Ekinops strong values such as innovation and customer commitment. This strategic combination will enable us to expand our network cybersecurity offering, strengthen our position in the SASE market by delivering a sovereign European solution, and address emerging needs linked to the transformation of cloud usage. Together, we form a leading European player, capable of delivering end-to-end connectivity and security solutions to international operators and their enterprise customers,” comments Didier Brédy, Chairman and CEO of Ekinops.

About Security Service Edge (SSE) and Secure Access Service Edge (SASE)

Security Service Edge (SSE) brings together security services designed to protect networks from cyber threats such as malware, data theft, phishing, and more.

Unlike traditional setups that focus protection mainly on the core network, SSE is a cloud-based solution that shifts security functions to where users and devices connect. As a result, the network is protected not only on the company’s premises, but also remotely.

SSE gives companies greater flexibility to deploy new services and adapt to user needs much more easily than with a centralized solution.

When combined with advanced SD-WAN, an SSE solution forms a Secure Access Service Edge (SASE) architecture, which integrates networking and security functions.

SASE brings together SD-WAN to manage traffic and SSE to enforce security within a unified architecture, combining connectivity and security, wherever users and devices are located, with secure access and strong network performance at the edge.

1. SWG: Secure Web Gateway
CASB: Cloud Access Security Broker
DNS: Domain Name System
DLP: Data Loss Prevention
2. EBITDA (Earnings before interest, taxes, depreciation, and amortization) corresponds to current operating income restated for (i) amortization, depreciation and provisions and (ii) income and expenses linked to share-based payments.
3. Source: Dell’Oro Group
4. Based on the companies’ annual financial statements as of 31 December 2024
5. Net cash = cash and cash equivalents – borrowings (excluding bank debt relating to French R&D tax credit (CIR) pre-financing and IFRS 16 lease liabilities)

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Logo: https://mma.prnewswire.com/media/814911/5320679/Ekinops_Logo.jpg

 

 

EKINOPS Contact
Didier Brédy
Chairman and CEO 
contact@ekinops.com 

Investors
Mathieu Omnes
Investor Relations
+33 (0)1 53 67 36 92 
momnes@actus.fr 

Press
Amaury Dugast
Press Relations
+33 (0)1 53 67 36 74 
adugast@actus.fr 

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Knowledge Grid Study Shows the Same AI Model Goes From Wrong to Right When Data Becomes Knowledge

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Findings point to a missing layer in the agentic AI stack: durable knowledge of the environment, built once and kept for every model and agent to use.

SALT LAKE CITY, Oct. 28, 2026 /PRNewswire/ — Knowledge Grid, the company defining the Cognitive Data Layer for AI, today announced a study showing an AI model’s verdict can flip from wrong to right without changing the model.

Enterprises are handing AI agents decisions people once made. Most reason over data with no memory of what is normal, so the agent or model fills the gap with confident but unverified assumptions.

In one example, the study gave the same AI models the same incident and data twice: through a conventional cyber analysis pipeline (SIEM stack) and through the Knowledge Grid Cognitive Data Platform, which contains knowledge of each user’s normal behavior.

On the conventional pipeline, the models misinterpreted a user’s routine work as suspicious; and another model confidently called it potential insider threat activity. In the Knowledge Grid stack, the same models correctly interpreted the user behavior and did not flag it as suspicious. Results held for both frontier and smaller open-weight models.

This knowledge is too valuable to rebuild for every investigation or question. Agents rebuilding it from raw data start from zero. Using Knowledge Grid’s Durable Knowledge Layer, it keeps that knowledge current, so every model and agent starts from what is already known.

“The most dangerous AI answer is the one that sounds right, but isn’t,” said Peter Bybee, founder and CEO of Knowledge Grid. “The same model got the same incident wrong, then right. The difference was the knowledge underneath it, and that knowledge should outlast any one question.”

Knowledge Grid is sharing the methodology and results with analysts and customers and will demonstrate it at VentureBeat’s Agentic Infrastructure Stack Summit on Oct. 28.

About Knowledge Grid

Knowledge Grid builds the Cognitive Data Layer: knowledge infrastructure that turns high-volume temporal data into Persistent Environmental Knowledge that AI, analytics and automation can reason over without reconstructing the environment each time. The KG Cognitive Data Platform is built on Rough Set mathematics developed by the company’s research team in Warsaw, Poland, and is protected by seven issued U.S. patents, with two pending. Knowledge Grid is headquartered in Salt Lake City. Learn more at knowledgegrid.com.

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SOURCE Knowledge Grid

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Greenlane Renewables Announces Renewal of Service Agreements with Major International Energy Company

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~Renewals reinforce strength of Greenlane’s long-standing customer relationship and aftermarket parts and service business~

VANCOUVER, BC, Oct. 28, 2026 /CNW/ — Greenlane Renewables Inc. (“Greenlane” or the “Company”) (TSX: GRN) (FSE: 52G) today announced the renewal of service agreements with a major international energy company for three of its renewable natural gas (“RNG”) producing facilities at dairy farms in the United States. The renewals reinforce the strength of Greenlane’s long-standing relationship with this customer and aftermarket parts and service business.

“The renewed service agreements reflect continued confidence in Greenlane’s products, technical expertise and service capabilities to support the reliable and efficient operation of our customer’s RNG production facilities,” said Brad Douville, CEO of Greenlane. “It is a strong endorsement of the value we continue to deliver to our customers. Our ability to maintain and expand relationships with established customers is an important part of our growth strategy and demonstrates the confidence they place in Greenlane to support their operations over the long term. As our installed base of systems continues to grow, we see meaningful opportunities to further expand our aftermarket parts and service business, generate recurring revenue and strengthen the long-term relationships that underpin our business.”

Greenlane’s aftermarket parts and service business is an important component of the Company’s strategy to expand recurring revenue opportunities and deepen relationships with existing customers. With more than 500 systems sold across 32 countries over its more than 35-year history, Greenlane has an extensive installed base that provides opportunities for ongoing maintenance, replacement parts, technical support and system optimization services.

Greenlane offers maintenance packages designed to meet the varying service requirements of its customers and their biogas upgrading systems. The Company’s service capabilities include preventative maintenance, technical support, troubleshooting and plant performance optimization, helping customers support the reliability, efficiency and long-term performance of their installed systems.

Greenlane’s service offerings include:

24/7 Expert Support: Immediate assistance through our dedicated helpline and remote access capabilities.Proactive Maintenance: Preventative measures, corrective actions, and scheduled site inspections to ensure optimal performance.Media Change-Outs: Provide turnkey H₂S media change-outs to plant locations, saving time and reducing costs. Our experienced team safely and efficiently executes the work to minimize downtime and lower our customers’ operating costs.Spare Parts & Logistics: Priority supply of critical spare parts to minimize downtime.Training & Performance Optimization: Operator training, real-time monitoring, and detailed performance analysis to keep sites running efficiently.

Click HERE for more information on Greenlane services.

About Greenlane Renewables
At Greenlane, we are relentless innovators solving the toughest challenges. At a time when new solutions are urgently needed, we are accelerating the energy transition to a net-zero emissions economy. As a pioneer and leading global specialist in biogas desulfurization and upgrading, we have been actively contributing to the decarbonization of our planet for over 35 years with more than 500 systems sold into 32 countries. The systems we supply transform biogas generated from organic waste into high-value, low-carbon renewable natural gas (“RNG”) for gas networks, transportation and industry from a wide range of sources such as landfills, sugar mills, dairy farms, wastewater, and food waste. Greenlane is transforming energy production through new technology without adding new technology risk, making RNG more accessible and scalable for our customers – all while dramatically reducing carbon emissions. Partner with us, let’s accelerate the energy transition together. For further information, please visit www.greenlanerenewables.com

FORWARD LOOKING INFORMATION – This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not historical in nature contain forward-looking information. Forward-looking information can be identified by words or phrases such as “may”, “is expected”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “can”, “may” or “will” happen. In particular, this news release contains forward looking information relating to expectations regarding the ongoing operations, reliability, efficiency, and long-term performance of the biogas upgrading systems; the expected scope, support, and benefits under the service agreements with an international energy company; the Company’s ability to support customer facilities throughout their operating lives and build or extend long-term customer relationships beyond initial system delivery and commissioning; the ability of Greenlane’s growing installed base to drive future opportunities, expand its aftermarket service business, and develop recurring revenue streams; and the Company’s service capabilities to minimize downtime and lower operating costs for customers. The forward-looking information contained herein is made as of the date of this press release and is based on assumptions management believed to be reasonable at the time such statements were made, including market demand for renewable natural gas solutions, continued customer adoption of Greenlane’s parts and service offerings, the continued demand for renewable natural gas solutions and aftermarket support services; the successful ongoing operation and maintenance of the installed biogas upgrading systems; Greenlane’s ability to fulfill its contractual obligations under the service agreements; the Company’s ability to leverage its growing installed base to generate recurring aftermarket revenue and expand customer relationships; and the Company’s ability to execute its aftermarket service strategy. While management considers these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond the Company’s control, could cause actual results to differ materially from the forward-looking information in this press release. Additional risk factors can also be found in the Company’s Management Discussion and Analysis, and its Annual Information Form, all of which have been filed under the Company’s SEDAR+ profile at www.sedarplus.com. Readers are cautioned not to put undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

SOURCE Greenlane Renewables Inc.

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Pixelworks to Announce Third Quarter 2026 Financial Results on November 11

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PORTLAND, Ore., Oct. 28, 2026 /PRNewswire/ — Pixelworks, Inc. (NASDAQ: PXLW), a provider of innovative cinematic and enhanced visualization solutions, will release its third quarter 2026 financial results on Wednesday, November 11, 2026, after market close. Todd DeBonis, Chairman and CEO, and Haley Aman, CFO, will host a conference call at 2:00 p.m. Pacific Time to discuss the Company’s quarterly results.

Analysts and investors are invited to join the Company’s conference call using the following information:

Third Quarter 2026 Conference Call
Date: Wednesday, November 11
Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)
Live Webcast Link: Click Here
Dial-in Participation Registration Link: Click Here

Advanced registration is required for dial-in participants. Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference call by phone. A live and archived audio webcast of the conference call will also be accessible via the Investor Relations section of Pixelworks’ website.

About Pixelworks, Inc.

Pixelworks (NASDAQ: PXLW) is a technology licensing company specializing in cinematic visualization solutions, including industry-leading content creation, delivery and display processing solutions that enable highly authentic viewing experiences with superior visual quality. Pixelworks has more than 20 years of delivering image processing innovation to leading providers of consumer electronics, professional displays and video streaming services.

About TrueCut Motion

TrueCut Motion® is a powerful video platform from Pixelworks that provides filmmakers with a new palette for motion. It enables shot-by-shot motion grading, allowing creators to manage judder, motion blur, and frame rates to achieve a consistent, cinematic look across all screens. For more information on TrueCut Motion, visit: www.truecutmotion.com

Note: Pixelworks, the Pixelworks logo, TrueCut Motion and TrueCut are registered trademarks of Pixelworks, Inc.

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SOURCE Pixelworks, Inc.

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