Magal Security (MAGS) Scoops Up Israel-Based WebSilicon - InvestingChannel

Magal Security (MAGS) Scoops Up Israel-Based WebSilicon

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Magal Security Systems Ltd (Nasdaq: MAGS) announced the acquisition of WebSilicon Ltd., an Israeli-based company with unique monitoring offerings for landline and wireless networks.

WebSilicon Ltd. will form an integral part of Magal’s recently announced cyber strategy that will expand its offerings to deliver integrated physical-cyber solutions for critical sites.

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