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Abu Dhabi – Emirates Telecommunications Group Company (Etisalat) has acquired 100% of cybersecurity company Help AG, according to a bourse statement released on Wednesday.
The deal is in line with Etisalat’s strategy to enhance and diversify its digital portfolio, Etisalat commented.
As per the statement, the closure of the deal will be subject to the fulfilling of some conditions.
It is worth to mention that Etisalat achieved AED 4.44 billion worth of consolidated profits attributed to the owners of the company in H1-19, higher than AED 4.31 billion in H1-18.
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