XM Cyber buys Israeli co Cyber Observer
Cybersecurity company Cyber Observer was founded in 2012 by graduates of the Prime Minister's Office computer unit CEO Shimon Becker, VP R&D Moti Ram and CTO Oded Mass.
Source: globes.co.il
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OIF, Macquarie win big from $US700m XM Cyber acquisition
Our Innovation Fund has got itself a dragon, thanks to the acquisition of XM Cyber by retail giant Schwarz Group.
Source: afr.com
Cybersecurity startup XM Cyber acquired for $700 million by Schwarz Group
The Israeli company, founded in 2016 by former Mossad head Tamir Pardo, Noam Erez, and Boaz Gorodiski, has developed a technology that simulates organized cyberattacks on companies to help them improve their defenses
Source: calcalistech.com
German firm acquires ex-Mossad chief's cybersecurity startup for $700m
Tamir Pardo's XM Cyber purchased by Germany's Shwarz Group, Europe's largest retailer which recently built its own cloud computing platform
Source: timesofisrael.com
Former Mossad chief's cybersecurity company to operate in Gulf
Tamir Pardo's XM Cyber will bid to protect infrastructures in the UAE and Bahrain, as part of a consortium led by Rafael.
Source: globes.co.il