ALPHA TRIBE

TAC Infosec LimitedJV/Acquisition, 05-02-2025: Acquisition

05-02-2025 | 06:12 pm

TAC Infosec Limited has acquired a 60% stake in CyberScope, Ι.Κ.Ε., a prominent player in the Web3 security sector, for $13,50,000 (approximately ₹11.77 crore). This strategic acquisition aims to strengthen TAC's foothold in cybersecurity, leveraging CyberScope’s expertise in smart contract auditing and other security services to enhance TAC's product offerings. The integration of CyberScope's innovative tools is expected to facilitate access to a broader client base, including major exchanges and decentralized finance platforms, positioning TAC for significant growth in the rapidly expanding Web3 market. Share purchase will be executed post regulatory approvals.

No comments yet. Be the first to comment!

All announcements from TAC Infosec Limited