ATP Long-term Danish Capital has acquired 30 per cent of the existing shares in XCI, a technology company that delivers lawful interception and communication intelligence solutions.
XCI’s headquarters are in Aalborg, Denmark, with a branch office in Saarbrücken, Germany.
ATP Long-term Danish Capital said it was “delighted” to join XCI as a shareholder, adding that the investment aligned well with its long-term strategy and vision.
It also noted that partnering with XCI provided an opportunity to deliver attractive returns for ATP’s members, support innovative Danish companies, and foster high-tech job creation in Denmark.
XCI provides police authorities and intelligence organisations with market-leading software products powered by artificial intelligence and machine learning.
The solutions aim to enable the authorities and agencies to stay ahead of security threats with the help of decoding software, allowing them to analyse the increasing amount of data behind increasing protocol complexity.
Due to a complex threat landscape and ongoing geopolitical uncertainty, ATP suggested that demand for XCI's data intelligence solutions would continue to grow “significantly” in the years ahead.
In addition to this, ATP Long-term Danish Capital said XCI has a track record of strong and profitable growth, and it was “confident” in the company’s ability to continue on this path in the coming years.
ATP Long-term Danish Capital will support XCI’s management in scaling the company internationally.
The specific details of the transaction will remain private in alignment with all parties involved.
This is the fourth investment of ATP Long-term Danish Capital, following investments in Veo Technologies, Ferrosan Medical Devices, and Terma.
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