Telrad to be Acquired by Liquid Intelligent Technologies

Telrad to be Acquired by Liquid Intelligent Technologies
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Foremost African technological innovation corporation Liquid Intelligent Technologies (https://www.Liquid.Tech/) to receive Telrad, an revolutionary technology organization with an intensive B2B featuring Telrad’s powerful R&D method and technological innovation remedies to enhance Liquid Smart Technologies’ owned infrastructure and digital alternatives choices.

Liquid Smart Technologies (“Liquid”), a pan-African technological innovation group, currently introduced that it has entered into a definitive agreement to obtain Telrad (TASE: ILA), an Israeli-based mostly engineering enterprise.

Telrad gives and maintains substantial high-quality know-how solutions and products and services for world wide company and governments. The corporation develops progressive know-how remedies throughout small business regions including networking, cyber protection, cloud infrastructure, facts centres, information technologies, geoinformatics, and instruction.

This transaction delivers collectively Telrad’s differentiated technological innovation alternatives with those people of Liquids’ unique, built-in system of electronic infrastructure and companies. Telrad’s engineering remedies and in depth R&D capabilities, which include two committed R&D centers, will complement Liquids’ choices and aid its long-phrase advancement approach.

The acquisition will improve Liquid’s B2B product or service segments and its geographic get to, leveraging Telrad’s existence in 13 international locations throughout the Center East, South The united states, United States, Japanese Europe and Asia.

Nic Rudnick, Group Chief Government Officer of Liquid, claimed: “Telrad’s sophisticated proprietary technologies in areas such as cyber protection, facts centres and wireless obtain technologies will be a wonderful asset to Liquid’s digital remedies. Together, we will be ready to leverage our pan-continental infrastructure to scale modern, technologies options and expand the breadth of our electronic services choices across and further than Africa.”

Telrad Chief Govt Officer, Moti Elmaliach, stated: “Liquid has an extremely strong track document of success and a loaded historical past of innovation. We are thrilled to be part of forces and to leverage Liquid’s know-how across the comprehensive technology price chain, from the subsea cable to the very last mile. This is an fascinating phase for Telrad, our group and the buyers we provide.”

A lot of primary global technological know-how corporations have selected Liquid Smart Systems as their trusted partner to speed up digital transformation and we appear forward to delivering on this shared ambition with each other.”

The transaction is topic to customary closing problems, like Telrad shareholder acceptance.

Distributed by APO Team on behalf of Liquid Intelligent Technologies.

About Telrad:
Telrad is a primary world wide technological innovation firm based mostly in Israel. The company features solutions, providers and technology answers to shoppers in in excess of 100 nations, by offering a total end-to-conclusion proposition, utilizing a combine of top-quality internally made products and solutions and partnering with finest-of-breed suppliers, across 3 organization segments particularly (i) wi-fi interaction (ii) IT & Infrastructure and (iii) BPO & Geoinformatics. Telrad has solid and extensive standing partnerships with top tier world-wide companies and governments.

About Liquid Intelligent Technologies:
Liquid Clever Systems is a organization of Cassava Technologies, a pan-African technological know-how group current in additional than 20 countries, predominantly in sub-Saharan Africa. Liquid has firmly proven by itself as the major supplier of pan-African digital infrastructure with an comprehensive fibre broadband network masking in excess of 100,000 km. Liquid Intelligent Technologies is also leveraging its digital community to deliver Cloud and Cyber Security remedies via strategic partnerships with leading world wide players. Liquid Smart Technologies is a thorough technological innovation solutions team that offers customised electronic solutions to community and private sector enterprises and SMEs throughout the continent. https://www.Liquid.Tech/

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