SuperCom Acquires Safend Ltd.

December 3, 2016

SuperCom (NASDAQ: SPCB) acquired Safend Ltd., an endpoint data protection and encryption software provider headquartered in Tel Aviv, Israel. The deal, announced March 3, 2016, brings Safend's DLP/encryption technology and customer base (3,000 customers; >3 million license seats) into SuperCom to expand its cyber and data protection capabilities; Safend had previously been a subsidiary of Wave Systems Corp.

Buyers
SuperCom
Targets
Safend Ltd.
Sellers
Wave Systems Corp.
Industry
Cybersecurity
Location
Israel
Transaction Type
Buyout

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