Skip to main content

Greenberg Traurig Represents Cyren in its 10 Million Euro Sale of its Secure Email Gateway Business to Content Services Group

Global law firm Greenberg Traurig advised Cyren Ltd. (Cyren) on the sale of its legacy secure email gateway business to Content Services Group GmbH, a Germany-based software organization. The purchase price was 10 million euros in gross cash proceeds.

Cyren is a NASDAQ-listed cybersecurity company that operates worldwide. The sale will enable the IT company to focus on its core business and strategic growth opportunities to deliver more value to both its customers and shareholders, according to the company.

The completion of this transaction marks Content Services Group's acquisition of Cyren’s Email Security Gateway business. The company stated that it will continue to offer e-mail security to protect international companies from spam, phishing, and malware attacks.

Background: Between 2019 and 2022, Greenberg Traurig’s team in Tel Aviv and the United States advised Cyren as it successfully completed two private placements and two registered direct offerings in the United States. In addition, the firm’s team in Germany advised the company on its global compliance setup.

About Greenberg TraurigGreenberg Traurig, LLP has more than 2500 attorneys in 43 locations in the United States, Europe, Latin America, Asia, and the Middle East. The firm reported gross revenue of over $2 Billion for FY 2021 and is consistently among the top firms on the Am Law 100, Am Law Global 100, and NLJ 250. On the debut 2022 Law360 Pulse Leaderboard, it is a Top 15 firm. Greenberg Traurig is Mansfield Rule 4.0 Certified Plus by The Diversity Lab and the Center for Resource Solutions Green-e® Energy program certifies that the firm’s U.S. offices are 100% powered by renewable energy. The firm is often recognized for its focus on philanthropic giving, innovation, diversity, and pro bono. Web: