Cyren Successfully Completes Sale of its Legacy Secure Email Gateway Business

Author's Avatar
Aug 04, 2022

McLEAN VA / ACCESSWIRE / August 3, 2022 / Cyren Ltd. (NASDAQ:CYRN), a provider of next-generation email protection and embedded threat detection solutions, today announced that it has completed the previously announced divestment of its legacy secure email gateway business to Content Services Group GmbH for €10,000,000 of gross cash proceeds. The sale will enable Cyren to focus on its core business and strategic growth opportunities to deliver more value to both its customers and shareholders.