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FinancialNews
13-02-19
Israel's Luminate Security to be acquired at USD250m
(MENAFN) Israeli cyber firm Luminate Security is being purchase by leading U.S. software company Symantec.
This comes as Symantec's fourth purchase of an Israeli firm ever since 2017, when it bought Israel's Javelin Networks, Fireglass and Skycure.
According to the Israeli company, the worth of the acquisition could be at USD250 million, even though the exact number is yet to be disclosed.
Luminate Security is based in Tel Aviv with branches all over Palo Alto and San Francisco after its inauguration back in 2016.
MENAFN1302201900450000ID1098112313
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