Sabanci Group completed the acquisition of a majority stake in Radiflow for $45m.

Sabanci Group, a diversified conglomerate, completed the acquisition of a majority stake in Radiflow, an operator of automated cyber risk management and threat detection platform, for $45m. "We will strengthen Sabanci Group companies’ global position through the power of technology. We will pioneer projects and practices that will make a significant global impact in the ‘new economy’, particularly in digital technologies. The acquisition of Radiflow, a global player in cyber security with a proven track record, is a key step in the materialization of our strategic plan in the digital sphere. We, as Sabancı Group, are very pleased to add a global cyber security company serving in various markets with great human capital and strong partnerships in our portfolio.” Kıvanç Zaimler, Sabancı Chairman.