Emirates Telecommunications Group Company P.J.S.C. (“Etisalat Group”), has entered into a definitive agreement with the shareholders of Help AG to acquire 100% stake in Help AG.
Help AG is the leading provider of tailored cybersecurity solutions and services and is recognized as the Middle East’s Trusted IT Security Advisor since 2004.
Help AG’s cybersecurity experience and expertise will accelerate the growth of Etisalat Digital’s and Help AG’s joint cybersecurity business whilst developing the services / product portfolio to extend its coverage across the region.
This acquisition is in line with Etisalat’s strategy to enhance and diversify the Etisalat Digital portfolio. Post-completion of the transaction, Help AG will continue to operate as a separate legal entity under Etisalat Digital focusing on the joint cybersecurity portfolio.
The transaction is subject to applicable approvals and customary closing conditions.
