Embraer (EMBJ3) and SPX Join Cybersecurity Businesses and Create R$ 700 Million Billing Company – Money Times
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4 Articles
Merger between Tempest and Vision creates new cybersecurity company Embraer and SPX merges Tempest and Vision; new company born with R$ 700 mi billing
Business does not involve financial transaction, only stock exchange
Embraer (EMBJ3) and SPX Capital announced the merger of their cybersecurity businesses, for the creation of a new company that is born with annual turnover of R$ 700 million, 900 employees and 600 customers. Still without a definite name, the company will be formed by the junction of Tempest Security Intelligence, which belongs to the manufacturer of [...]
With cybersecurity issues gaining more and more space in the corporate agenda, Vision Cybersecurity and Tempest Security, companies that have SPX Capital and Embraer as main shareholders, are joining forces to compete for the leadership of the internal market and further advance to international markets. The operation, announced on Thursday, September 3, [...] The post The M&A of cybersecurity: SPX and Embraer articulate merger and create R$ 700…
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