XM Cyber, an Israeli software company, co-founded by former Mossad leader Tamir Pardo, is being bought for $700 million by Germany’s Schwarz Group, a multinational retail conglomerate with $140 billion in annual revenue. According to the official statement, XM Cyber will keep operating freely and provide its services under its present brand and support network. … Continue reading German firm acquires ex-Mossad chief’s cybersecurity startup for $700m | Times of Israel