Cloudcomputing acquires Innovate IT to boost cybersecurity growth
LISBON, PORTUGAL and ENGLAND, UNITED KINGDOM — Cloudcomputing has acquired United Kingdom-based Innovate IT in a strategic move aimed at accelerating its global expansion and strengthening its position in the fast-growing identity and cybersecurity market.
According to a press release, the deal underscores rising demand for identity and access management solutions as organizations face increasing cyber threats and adapt to artificial intelligence (AI)-driven systems.
Expansion strategy fueled by rising cyber demand
The acquisition is expected to significantly enhance Cloudcomputing’s growth outlook for 2026 while expanding its delivery capacity in the UK and United States by 400%. The company is positioning the deal as a response to surging global demand for secure identity frameworks amid escalating cyber risk.
Identity and cybersecurity specialist Cloudcomputing said the acquisition will deepen its expertise across the sector. Innovate IT brings 20 years of experience in identity, access management, and cloud security, along with an established presence in the UK and operational reach in the United States.
Cloudcomputing, which reported €7 million (US$7.56 million) in revenue in 2025, has completed more than 600 projects across 70 countries. It maintains direct operations in Portugal, Spain, and the UK, reflecting its ongoing push into key international markets.
Strengthening identity capabilities and global reach
The deal is expected to enhance Cloudcomputing’s capabilities across the full identity value chain, particularly in AI-driven environments.
“This acquisition strengthens our capabilities across the full identity value chain, from strategy through to managed services, while reinforcing our approach to identity governance in AI-driven environments, particularly Agentic AI,” said Ricardo Martins, CEO of Cloudcomputing.
Martins added that the acquisition will improve client delivery and operational efficiency.
“For clients, this means a more integrated and robust offering. For us, it significantly enhances our ability to deliver complex, multinational projects while maintaining a focus on control, security and operational efficiency,” Martins added.
The acquisition also broadens Cloudcomputing’s industry exposure, expanding beyond financial services, telecoms, insurance, logistics, legal, education, and healthcare into sports, entertainment, media, the public sector, and retail.
The company also noted that the deal strengthens its UK position, where it has operated directly since 2024, marking what Martins called “an important milestone” in its international growth strategy.
Beyond organic expansion, the transaction reflects a broader acquisition-led strategy as Cloudcomputing scales its cybersecurity and digital identity capabilities globally.
As part of the Allurity Group, Cloudcomputing operates within a wider European cybersecurity ecosystem spanning 18 countries and 800 employees.
The acquisition highlights a broader trend in the outsourcing and cybersecurity industry, where providers are increasingly consolidating to meet rising client demand for end-to-end security services.
As enterprises outsource more complex identity and security functions, firms like Cloudcomputing are positioning themselves as full-stack partners, blending scale, specialization, and global delivery to stay competitive in a rapidly evolving digital risk landscape.
