Telrad has a significant presence in 13 countries across the Middle East, South America, United States, Eastern Europe, Asia and provides high-quality technology products and services for global businesses and governments. 

The company offers innovative technology solutions, including networking, cloud infrastructure, information technology, geoinformatics and cybersecurity.

Liquid has a unique ecosystem of intelligent technologies which bring high-speed and reliable cross-border connectivity, colocation, cloud, cybersecurity and digital services to mobile carriers and blue-chip enterprises. 

With a wholly-owned, open-access fibre network spanning 100,000 km, Liquid provides both local and regional connectivity. The terrestrial infrastructure is augmented by a vast network of subsea cables complementing Liquid’s international connectivity footprint. 

Liquid’s cloud solutions include networking, cloud voice, cloud applications as well as cloud platforms, whilst its cyber security services include cyber defence, secure access and secure data.

According to Nic Rudnick, Deputy Chairman, Liquid Intelligent Technologies, “Earlier this year, Liquid had entered into a definitive agreement to acquire Telrad, and I am pleased that we have concluded this transaction. We look forward to the seamless integration of Telrad’s strong R&D programme and technology solutions in cyber security, data centres and wireless access technology with Liquid’s existing portfolio of solutions. Liquid and Telrad share similar ideologies of empowering customers through cost-effective connectivity and technology solutions. Together we will continue to digitally transform businesses globally”.

Mr Moti Elmaliach, Telrad’s Chief Executive Officer said, “Telrad has an incredibly strong track record of success and rich history of innovation. We are excited to join forces and leverage Telrad’s expertise across the full technology value chain along with that of Liquid and the wider Cassava group. This is an exciting step for Telrad,” said Elmaliach, “and an opportunity to innovate and grow exponentially in both the Israeli and international markets”.

Rudnick added, “Telrad will continue to be led by Mr Moti Elmaliach as CEO, who will also be appointed to the group’s executive team and will be part of the international growth of the Liquid business globally”.

Cassava was founded by African entrepreneur, Strive Masiyiwa. The group’s Executive Chairman, Masiyiwa also serves on several international boards including Unilever Plc, Netflix, the Global Advisory Board for Bank of America, the Bill and Melinda Gates Foundation, and is also a longstanding board member of the United States Holocaust Museum’s Committee on Conscience.

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Telrad leverages technology to provide innovative solutions to its global clientele focused on businesses such as networking, cybersecurity, cloud infrastructure, data centres, information technology, geoinformatics, and education.

The acquisition will bolster the emergence of Telrad’s differentiated technology solutions with Liquids’ unique, integrated platform of digital infrastructure and services. Telrad’s technology solutions and extensive R&D capabilities, including two dedicated R&D centers, will complement Liquids’ offerings and support its long-term growth strategy.

The new development will also enhance the growth of Liquid’s B2B product segments and its geographic reach, holding up the advantage of Telrad’s presence in 13 countries across the Middle East, South America, United States, Eastern Europe and Asia.

Nic Rudnick, Group Chief Executive Officer of Liquid, said: “Telrad’s advanced proprietary technology in areas including cyber security, data centres and wireless access technology will be a great asset to Liquid’s digital solutions. Together, we will be able to leverage our pan-continental infrastructure to scale innovative, technology solutions and expand the breadth of our digital services offerings across and beyond Africa.”

Telrad Chief Executive Officer, Moti Elmaliach, said: “Liquid has an incredibly strong track record of success and a rich history of innovation. We are excited to join forces and to leverage Liquid’s expertise across the full technology value chain, from the subsea cable to the last mile. This is an exciting step for Telrad, our team and the customers we serve.

Many leading global technology companies have chosen Liquid Intelligent Technologies as their trusted partner to accelerate digital transformation and we look forward to delivering on this shared ambition together.”

The transaction is subject to customary closing conditions, including Telrad shareholder approval.

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