TAC InfoSec to buy Israel's Safehouse for ₹1 crore, enters consumer security
What's the deal? TAC InfoSecDealroom has a profile for this one. Try Dealroom → has signed a binding term sheet to acquire 100% of Israel-based Safehouse Technologies for ₹1 crore, payable through a mix of cash and TAC InfoSec equity. Upon completion, Safehouse will become a wholly owned subsidiary of TAC InfoSec.
What's the endgame? The deal moves TAC InfoSec from enterprise cybersecurity into the business-to-consumer (B2C) market. It plans to set up TAC Safehouse Limited as a dedicated consumer cybersecurity platform for product development, go-to-market execution, and future offerings.
What does Safehouse do? Its flagship mobile app has more than 10 lakh downloads and a 4.2-star Google Play rating. The platform provides VPN services, encrypted browsing, phishing alerts, breach detection, threat blocking, and privacy protection across markets including the US, UK, Germany, Singapore, India, and Brazil.
What's included? Beyond the business itself, TAC InfoSec gains Safehouse's intellectual property — source code, product designs, trademarks, trade secrets, and related know-how. The transaction remains subject to due diligence, regulatory requirements, and execution of definitive agreements.
Read more: Innovacia
