Greetings!
We are pleased to share that TAC InfoSec Limited (NSE: TAC) has entered into a binding term sheet to acquire 100% of Israel-based Safehouse Technologies Ltd., marking TAC Security’s strategic entry into the business-to-consumer (B2C) cybersecurity segment.
Upon completion of the transaction, Safehouse Technologies Ltd. will become a wholly owned subsidiary of TAC InfoSec Limited, or its business, assets, and intellectual property may be transferred as part of the transaction structure, subject to due diligence, regulatory requirements, and definitive agreements.
This proposed acquisition represents an important expansion of TAC Security’s cybersecurity platform — from serving enterprises, governments, and technology companies to protecting individuals, families, and everyday internet users.
Safehouse’s flagship consumer app, “Safehouse,” already demonstrates the company’s B2C cybersecurity potential, with 3 million users worldwide and a 4.2-star rating on Google Play. The app is positioned as an all-in-one privacy and digital protection platform, offering unlimited VPN access, encrypted browsing, global servers across markets including the USA, UK, Singapore, Germany, India and Brazil, threat blocking, link protection, phishing alerts, and breach-detection features.
The acquisition comes at a time when cybercrime has become one of the largest economic threats globally. Individuals are increasingly exposed to phishing, identity theft, financial fraud, account takeover, mobile threats, privacy risks, and AI-enabled scams. Safehouse gives TAC Security a foundation to build a trusted consumer cybersecurity platform backed by TAC’s global security experience, technical depth, and listed-company governance.
As part of the proposed transaction, TAC Security will acquire Safehouse’s intellectual property, including source code, product designs, trademarks, trade secrets, know-how, and other IP developed in connection with its business.
TAC Security also intends to build TAC Safehouse Limited as a focused platform for consumer cybersecurity products, digital protection offerings, and related technology services. TAC has proposed investment into TAC Safehouse Limited to fund initial operations, team build-out, go-to-market execution, and product development.
Trishneet Arora, Founder & CEO, TAC Security, said:
“TAC Security has built its global cybersecurity presence by serving enterprises, governments, and technology companies. With Safehouse, we are taking a strategic step into consumer cybersecurity. Cyber threats are no longer limited to enterprises; individuals, families, and consumers also need simple, trusted, and scalable protection. This acquisition gives us the foundation to build a strong B2C cybersecurity business from India for global markets.”
Liad Herman, Co-founder, Safehouse Technologies, said:
“Safehouse was built with the belief that digital security should be simple, accessible, and trusted by everyday users. Joining hands with TAC Security gives us the scale, cybersecurity expertise, and global platform required to take this vision to the next level. Together, we aim to build consumer cybersecurity products that can protect millions of users in India and across global markets.”
Aditya Narang, Co-founder, Safehouse Technologies, said:
“India is one of the world’s fastest-growing digital economies, and with that growth comes a rising need for trusted consumer cybersecurity. Safehouse has already built strong learnings in India through its consumer digital security journey, and partnering with TAC Security gives us the ability to scale that opportunity with credibility, technology depth, and execution strength. We believe TAC Safehouse can become a powerful platform to make digital protection accessible to millions of Indian users and eventually to consumers globally.”
This acquisition is aligned with our long-term vision of building TAC Security as a global cybersecurity company across enterprise, government, technology, and now consumer cybersecurity markets.
We look forward to keeping you updated as the transaction progresses.
Warm regards,
Investor Relations
TAC InfoSec Limited
(NSE:TAC)