Embraer's Subsidiary Sells Cybersecurity Business Unit 'AllowMe Tecnologias' For $45M
Portfolio Pulse from Benzinga Newsdesk
Embraer's subsidiary has sold its cybersecurity business unit, AllowMe Tecnologias, for $45 million.
September 19, 2023 | 5:04 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Embraer has sold its cybersecurity business unit, which could potentially free up resources for other areas of the company.
The sale of the cybersecurity unit could potentially free up resources for Embraer to invest in other areas of the company. However, it's unclear at this stage what impact this will have on the company's overall performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100