Alstom has finalised a deal to invest US$7 million in Cylus, an Israel-based cybersecurity specialis
SBIJI Innovation
Dec 13, 2020
1 min read
9 December 2020 – Alstom has finalised a deal to invest US$7 million in Cylus, an Israel-based cybersecurity specialist, thus acquiring a minority stake in the company. The investment will give Alstom one seat on the board of Cylus. The deal also includes a strategic cooperation agreement to build a commercial partnership allowing the companies to combine their respective strengths and provide best-in-class cybersecurity solutions for the rail market.
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