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Mauritian group acquires Israeli-based tech company

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Mauritian group acquires Israeli-based tech company

The Mauritius-based and pan-African technology group, Liquid Intelligent Technologies, has acquired an Israeli-based tech company, Telrad.

The Group Chief Executive Officer, Nic Rudnick made the announcement in a statement on Tuesday.

The acquisition of the Isreali firm was completed at an undisclosed amount.

Liquid Intelligent Technologies is a pan-African technology group, offering network, cloud, and cyber Security services.

The startup was founded in 2005 and is based in Port Louis, Mauritius.

Liquid is now a full one-stop-shop technology group that provides tailor-made digital solutions to businesses in the public and private sectors across the continent.

The Group also operates state-of-the-art data centres in Johannesburg, Cape Town, Nairobi, Harare and Kigali, with a combined potential 19,000 square metres of rack space and 78 MW of power.

Telrad operates as a venture delivering technology products and services to global businesses and governments, offering solutions across a range of many business areas.

Telrad 4G products are deployed in more than 100 countries by telecom carriers, Internet Service Providers, utilities, and governmental organizations.

Based in Lod, Israel, the privately held company has over 400 employees worldwide. Telrad has two subsidiaries. Magalcom is a market leader in building data centers, IT infrastructure, control rooms and homeland security solutions. 

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.