Alstom invests 7 million US dollars in Israeli railway cybersecurity company

Cyber security, source: Pixabay
Cyber security, source: Pixabay

Alstom completes a deal where the company invests 7 million US dollars in a cooperation with Cylus, an Israeli company specializing in railway cybersecurity. This deal allows the French company to acquire a small stake in Cylus and a seat in the board. Additionally, it seals a strategic cooperation agreement to build a partnership allowing to combine strengths and provide cybersecurity for the rail market.

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Author: Sarah Chebaro

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Alstom invests 7 million US dollars in Israeli railway cybersecurity company | RailTech.com

Alstom invests 7 million US dollars in Israeli railway cybersecurity company

Cyber security, source: Pixabay
Cyber security, source: Pixabay

Alstom completes a deal where the company invests 7 million US dollars in a cooperation with Cylus, an Israeli company specializing in railway cybersecurity. This deal allows the French company to acquire a small stake in Cylus and a seat in the board. Additionally, it seals a strategic cooperation agreement to build a partnership allowing to combine strengths and provide cybersecurity for the rail market.

Want to read more?

Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

See the offer

Tags: , ,

Author: Sarah Chebaro

E-mail

Related posts

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