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Israel Aerospace invests in Dutch, Hungarian cyber firms
June 27, 2017 / 1:54 PM / 6 months ago

Israel Aerospace invests in Dutch, Hungarian cyber firms

JERUSALEM, June 27 (Reuters) - State-owned Israel Aerospace Industries (IAI) said on Tuesday it was investing “millions” of dollars in two cyber companies in the Netherlands and Hungary.

The investments are aimed at expanding IAI’s cyber research and development and its global footprint in the field, it said.

In the Netherlands, IAI is investing in Inpedio BV, a provider of cyber security solutions to governments and companies. It is also investing in Cytrox in Hungary.

The new investments add to IAI’s existing cyber operations in Israel, Switzerland and Singapore. (Reporting by Steven Scheer)

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