Temasek has acquired Israeli cybersecurity start-up Sygnia for $250m. The Singapore government-controlled company will allow Sygnia to continue operating as its own entity. In a statement, the government said it was "pleased that we have been able to secure an agreement with one of our largest and most respected technology companies in Israel on the sale of their software products The acquisition should allow it to expand to Asia, working with both companies from Temasek's portfolio and others.
Temasek has acquired Israeli cybersecurity start-up Sygnia for $250m. The Singapore government-controlled company will allow Sygnia to continue operating as its own entity. Sygnia's technology helps large organisations respond to cyber threats and attacks and has clients in Canada; Europe, the Middle East and Africa; the US; and Latin America. The acquisition should allow it to expand to Asia, working with both companies from Temasek's portfolio and others.