Security companies TruSecure and Betrusted are expected to formally announce on Tuesday that they plan to merge and create a newly formed company called Cybertrust. . . .
Consultancy TruSecure will be joined by Betrusted, which, through various acquisitions, has grown to focus on three security segments: public key infrastructure, security consulting services and managed security services such as monitoring firewalls.

The newly combined company, Cybertrust, will focus on security management for large corporations. The new company is looking to provide greater technical expertise within certain industries and increase its market presence.

"We decided to merge because of the synergies between the two companies," said Siobhan MacDermott, Betrusted's senior vice president of marketing and communications, pointing to the geographic expansion the deal will provide the companies.

Betrusted, which operates primarily in Europe and the Asia-Pacific region, will bolster its presence in North America. Herndon, Va.-based TruSecure will expand its global operations.