Agreement signedPublished 7 Jun 2022

Content Services Group GmbH /
legacy Secure Email Gateway business

Content Services Group to buy Cyren’s secure email gateway business

Terms
Not stated
Stage
Agreement signed
Source · 7 Jun 2022
01 / BuyerContent Services Group GmbH
02 / Targetlegacy Secure Email Gateway business
01

What happened

Content Services Group GmbH agreed to buy Cyren’s legacy Secure Email Gateway business for €10,000,000 in cash. The purchase price is subject to certain adjustments, and the transaction is expected to close prior to August 31, 2022, with customary closing conditions.

The divestment will enable Cyren to focus on its strategic growth opportunities.

02

The source

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01
Source · Source

Content Services Group to buy Cyren’s secure email gateway business

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03

Timeline

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  1. Published by the source

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  2. Expected close

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