CyActive is a start-up and has not really developed much products commercially but a deal with PayPal seems to simply broaden their horizon as well as that of Paypal...after all that is the basis of acquisitions ALWAYS.
Tuesday, 10 March 2015
PayPal acquires Israeli Security Company, Planning Security outlet in Israel
PayPal has announced the acquisition of CyActive, an Israeli malware detection firm and according to TechCrunch, they are also planning on starting a security hub in the country. This is the second acquisition in a week by the online payment giant as they recently acquired mobile wallet company Paydiant in a deal worth about $300 million.
CyActive is a start-up and has not really developed much products commercially but a deal with PayPal seems to simply broaden their horizon as well as that of Paypal...after all that is the basis of acquisitions ALWAYS.
CyActive is a start-up and has not really developed much products commercially but a deal with PayPal seems to simply broaden their horizon as well as that of Paypal...after all that is the basis of acquisitions ALWAYS.
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