ZeroFox Announces Divestment of Subsidiary IDX to Kingswood Capital Management
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ZeroFox has announced the divestment of its subsidiary IDX to Kingswood Capital Management. This move allows ZeroFox to reinforce its focus on external cybersecurity and digital risk protection solutions.
November 25, 2024 | 2:45 pm
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ZeroFox has divested its subsidiary IDX to Kingswood Capital Management, allowing the company to concentrate on its core business of external cybersecurity and digital risk protection solutions.
The divestment of IDX allows ZeroFox to streamline its operations and focus on its core competencies in cybersecurity and digital risk protection. This strategic move is likely to be viewed positively by investors, as it suggests a clear direction and potential for growth in its primary business area.
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