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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