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Liquid Clever Applied sciences introduced on Tuesday the acquisition of Telrad, an Israel-based know-how firm.
Telrad has a major presence in 13 international locations within the Center East, South America, the USA, Jap Europe, Asia, and gives high-quality know-how services to world companies and governments.
The corporate presents revolutionary know-how options, together with networking, cloud infrastructure, info know-how, geoinformatics, and cybersecurity.
Liquid has a novel ecosystem of good applied sciences that gives high-speed, dependable cross-border connectivity, colocation, cloud, cybersecurity and digital providers to cell operators and blue chip enterprises.
With an entirely owned open entry fiber community spanning 100,000km, Liquid gives each native and regional connectivity. The terrestrial infrastructure is augmented by an unlimited community of submarine cables that complement Liquid’s worldwide connectivity footprint.
Liquid’s cloud options embody community, cloud voice, cloud functions, and cloud platforms, whereas its cyber safety providers embody cyber protection, safe entry, and safe knowledge.
Nic Rudnick, Vice President of Liquid Clever Applied sciences, stated that earlier this yr, Liquid had reached a definitive settlement to accumulate Telrad and is happy to have accomplished the transaction.
“We stay up for the seamless integration of Telrad’s robust R&D program and know-how options in cyber safety, knowledge heart and wi-fi entry know-how with Liquid’s current options portfolio. Liquid and Telrad share comparable ideologies of empowering clients by cost-effective know-how and connectivity options. Collectively we’ll proceed to digitally remodel enterprise globally.”
Mr. Moti Elmaliach, CEO of Telrad, stated that Telrad has an extremely robust observe document of success and a wealthy historical past of innovation.
“We’re excited to affix forces and leverage Telrad’s experience throughout the know-how worth chain alongside that of Liquid and the broader Cassava group. That is an thrilling step for Telrad,” stated Elmaliach, “and a chance to innovate and develop exponentially in each the Israeli and worldwide markets.”
Rudnick added: “Telrad will proceed to be led by Mr. Moti Elmaliach as CEO, who may also be appointed to the group’s govt workforce and shall be a part of the worldwide progress of Liquid’s enterprise globally.”
Liquid Clever Applied sciences, a Cassava Applied sciences firm, is a pan-African know-how group based by African entrepreneur Attempt Masiyiwa.
Group CEO Masiyiwa can also be a member of quite a lot of worldwide boards, together with Unilever Plc, Netflix, Financial institution of America World Advisory Board, the Invoice & Melinda Gates Basis, and can also be a board member of the Crime Consciousness Committee. United States Holocaust Museum. .
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Liquid Intelligent Technologies Acquires Telrad Israeli-based Tech Firm