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Tenable acquires $ 100 million in Indji in Israel - Walla! Business and Consumerism

2019-12-03T07:47:13.445Z


Tenable will open a development center in Israel based on the acquisition. Indji develops cyber protection technology for critical infrastructures like power generation, industrial manufacturing of pharmaceuticals and chemicals and infrastructure ...


Tenable acquires $ 100 million in Israeli indie

Tenable will open a development center in Israel based on the acquisition. Ingeji develops cyber protection technology for critical infrastructures such as power generation, pharmaceutical and chemical manufacturing and water supply infrastructures

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Indegy (Indie) is sold to American Tenable, which will open a development center in Israel based on its acquisition. The American company stated in the announcement that the acquisition amount is $ 78 million and that the company will have additional costs of over $ 15 million for the transaction to be transferred to the shareholders of the Israeli company. Associates of the company note that the amount will be added to the additional amount, bringing the total to about $ 120 million. Indji has since raised $ 36 million.

Inji was founded in 2014 by Barak Perlman, Ado Tribicki and Mila Gendelsman - three Talpiot veterans. The company's first investors were Shlomo Kramer and the Magma Fund, and later also invested in the company Vertex and OG Tech - the high-tech investment arm of Eyal Ofer. Among the other investors in the company may be appointed Maj. Mill. Amos Yadlin and David Petraeus, former CIA chief. The company currently employs about 65 people, most of them in Israel.

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Indji is developing cyber protection technology for critical infrastructures such as power generation, pharmaceutical and chemical manufacturing, and water supply infrastructures. In these areas, the main objective is to ensure that there is no intrusion that could affect the production line, change the composition of chemicals in the drug, disable the power supply to Data Center and the like.

Tenable is a public cyber company that was issued about a year and a half ago on NASDAQ and trades today at $ 2.6 billion. Established in 2002 in Maryland, USA, it employs over 1,200 people.

Source: walla

All business articles on 2019-12-03

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