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Thursday, December 22, 2016

Huawei in talks to buy Israeli cyber company HexaTier: sources

Chinese smartphone maker #Huawei [HWT.UL] is negotiating the acquisition of Israeli start-up #HexaTier, whose technology secures databases in the #cloud, industry sources in the two countries said on Tuesday. The sources, who asked not to be identified, said the deal was expected to go through soon. Huawei will use HexaTier to set up a research and development center in Israel for databases in the cloud, the Israeli industry source said.

http://mobile.reuters.com/article/idUSKBN1491O6

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