WeSearch

TAC InfoSec to Acquire Israel-Based B2C Cybersecurity Firm Safehouse Technologies

·4 min read · 0 reactions · 0 comments · 6 views
#infosec#acquire#israel-based#cybersecurity#firm
TAC InfoSec to Acquire Israel-Based B2C Cybersecurity Firm Safehouse Technologies
TL;DR · WeSearch summary

Tel Aviv, Israel & Mumbai, Maharashtra, India – Business Wire IndiaTAC InfoSec Limited (NSE: TAC), a global cybersecurity company to acquire 100% of Israel-based Safehouse Technologies Ltd., marking TAC Security’s strategic entry into the business-to-consumer (B2C) cybersecurity segment. The app is positioned as an all-in-one privacy and digital protection platform, offering unlimited VPN access, encrypted browsing, global servers across markets including the USA, UK, Singapore, Germany, India and Brazil, threat blocking, link protection, phishing alerts and breach-detection features. The FBI’s 2024 Internet Crime Report recorded 859,532 complaints and reported losses exceeding $16 billion, a 33% increase from the prior year.

Key facts
About this source

The Hindu publishes from India and files mainly under world. We currently carry 654 of its stories.

Original article
The Hindu
Read full at The Hindu →
Opening excerpt (first ~120 words) tap to expand

Tel Aviv, Israel & Mumbai, Maharashtra, India – Business Wire IndiaTAC InfoSec Limited (NSE: TAC), a global cybersecurity company to acquire 100% of Israel-based Safehouse Technologies Ltd., marking TAC Security’s strategic entry into the business-to-consumer (B2C) cybersecurity segment. TAC Security will acquire 100% of Safehouse’s issued share capital on a fully diluted basis and, upon completion, Safehouse will become a wholly owned subsidiary of TAC InfoSec Limited.Safehouse’s flagship consumer app, “Safehouse,” already demonstrates the company’s B2C cybersecurity potential, with 10 lakhs+ downloads, a 4.2-star rating on Google Play.

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu.

Anonymous · no account needed
Share 𝕏 Facebook Reddit LinkedIn Threads WhatsApp Bluesky Mastodon Email

Discussion

0 comments

More from The Hindu