TAC InfoSec to Acquire Israel-Based B2C Cybersecurity Firm Safehouse Technologies
TAC InfoSec is acquiring the Israel-based cybersecurity firm Safehouse Technologies to enter the B2C market. The acquisition will integrate Safehouse's consumer-facing privacy and digital protection app into TAC's existing enterprise-focused portfolio.
Why it matters
This acquisition marks a significant strategic pivot for TAC InfoSec, allowing it to diversify from enterprise and government services into the growing consumer cybersecurity sector.
Tel Aviv, Israel & Mumbai, Maharashtra, India – Business Wire India
TAC 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.
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