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Saudi Arabia Showcases Global Expertise in Cybersecurity at RSA Conference 2024

Saudi Arabia Showcases Global Expertise in Cybersecurity at RSA Conference 2024
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KSA Business: SITE in deal with AhnLab to set up Saudi cybersecurity JV

KSA Business: SITE in deal with AhnLab to set up Saudi cybersecurity JV

SITE in deal with AhnLab to set up Saudi cybersecurity JV

Saudi Information Technology Company, a cybersecurity leader, has joined hands with top Korean group AhnLab to set up a new venture in the kingdom to localise an array of cutting-edge cybersecurity technologies for both national and regional markets.

Saudi SITE Acquires 10% Stake in South Korea s AhnLab

AhnLab, a leading cybersecurity company based in South Korea, has announced its partnership with the Saudi Information Technology Company (SITE), a security and cloud service enterprise fully funded by Saudi Arabia’s Public Investment Fund (PIF), to establish a joint venture (JV) focused on cybersecurity. Under the deal, SITE will acquire a 10% share of AhnLab for $55.3 million.

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