Tag: Sabanci
Sabanci Acquires OT Security Vendor Radiflow
Acquisition will include an initial controlling stake in Radiflow with a phase 2 in Q1 2025. “We are confident that this transaction will enable Radiflow to continue its growth in the growing OT Security market,” said Ilan Barda, Radiflow’s CEO. TEL AVIV, Israel – April 29, 2022 – PRLog — Radiflow, an Israeli OT cybersecurity startup announced that it is being acquired in a two phase process by Sabanci Group, market leaders in the financial services, energy, and industrial sectors. The initial phase entails a $45 million primary and secondary investment in several installments to reach a majority stake in ... Read more