Malam Team buys Foretech Software in multi-million-shekel cybersecurity push

Acquisitions

Summary

Malam Team has acquired Foretech Software in a deal worth tens of millions of shekels. Foretech focuses on enterprise software solutions and information security, including consulting, implementation, deployment, and support for advanced security products. The acquisition adds Foretech’s role as a leading Israeli partner of BeyondTrust in Privileged Access Management to Malam Team’s Software Products Division. Malam Team says the deal strengthens its cybersecurity and identity management capabilities and expands its collaboration with global software vendors.

AskAI Classifications

Sectors
No sectors detected
Functions
Security General Security Software

Linked Companies

BeyondTrust
$100M to $250M