Vanedge-backed cybersecurity provider Wurldtech to be bought by GE
Wurldtech Security Technologies Inc has agreed to be acquired by General Electric Co (NYSE: GE). The financial terms of the transaction were not published. With its headquarters in Vancouver, Wurldtech is a provider of cybersecurity technology and services to help assess, protect and certify critical infrastructure and industrial products. The company will retain its name and operate as a subsidiary to continue providing the necessary focus on services to its customer base, General Electric said. Founded in 2007, Wurldtech was a portfolio company of Canadian venture capital firm Vanedge Capital and other investors.
9 May 2014•3 mins read
