The company develops innovative technology solutions across business areas including networking, cybersecurity, cloud infrastructure, data centres, information technology, geoinformatics, and education.<\/p>\n
This transaction brings together Telrad\u2019s differentiated technology solutions with those of Liquids\u2019 unique, integrated platform of digital infrastructure and services. Telrad\u2019s technology solutions and extensive R&D capabilities, including two dedicated R&D centres, will complement Liquids\u2019 offerings and support its long-term growth strategy.<\/p>\n
The acquisition will strengthen Liquid\u2019s B2B product segments and its geographic reach, leveraging Telrad\u2019s presence in 13 countries across the Middle East, South America, the United States, Eastern Europe, and Asia.<\/p>\n
\u201cTelrad\u2019s advanced proprietary technology in areas including cyber security, data centres and wireless access technology will be a great asset to Liquid\u2019s digital solutions. Together, we will be able to leverage our pan-continental infrastructure to scale innovative, technology solutions and expand the breadth of our digital services offerings across and beyond Africa,\u201d Nic Rudnick, Group CEO of Liquid, said.<\/p>\n
\u201cLiquid has an incredibly strong track record of success and a rich history of innovation. We are excited to join forces and to leverage Liquid\u2019s expertise across the full technology value chain, from the subsea cable to the last mile. This is an exciting step for Telrad, our team and the customers we serve,\u201d Telrad CEO, Moti Elmaliach, said of Liquid.<\/p>\n
\u201cMany leading global technology companies have chosen Liquid Intelligent Technologies as their trusted partner to accelerate digital transformation and we look forward to delivering on this shared ambition together,\u201d Elmaliach added.<\/p>\n
The transaction is subject to customary closing conditions, including Telrad shareholder approval.<\/p>\n","protected":false},"excerpt":{"rendered":"
Liquid Intelligent Technologies, a pan-African technology group, announced on Monday that it has entered into a definitive agreement to acquire Telrad, an Israeli-based technology company.<\/p>\n","protected":false},"author":12963,"featured_media":7736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,21],"tags":[7,26,22],"class_list":{"0":"post-7739","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-technology","9":"tag-apie-project","10":"tag-news","11":"tag-technology"},"yoast_head":"\n