Strategic investment negotiations between Barikat and Turkcell have been concluded. Stating that an application has been made to the Competition Authority for transaction approval, Barikat Cyber Security Group of Companies CEO Murat Hüseyin Candan stated that the main motivation for the emergence of this partnership was; It was defined as ensuring the strengthening of the "Turkish Cyber Security Ecosystem" and increasing the exports of the sector with the synergy that will be created.
Stating that the agreement is an important step not only for Barikat and Turkcell, but also for the sector, Barikat Cyber Security Group of Companies CEO Murat Hüseyin Candan continued his words as follows: "With this agreement, Turkcell will acquire 20% of Barikat's shares through the capital increase method through the corporate venture capital fund 'Re-Pie Portföy Yönetimi A.Ş. Turkcell New Technologies Venture Capital Investment Fund'. Thus, we have achieved success with our equity capital for 15 years." "The successes will accelerate further. Barikat's dynamics and management structure will continue as they are. The value we add to our country will increase even more and we will reach our brand's goal of becoming a global MSSP (Managed Security Service Provider) faster." he said.
Drawing attention to the importance of our country's cyber security service and technology initiatives reaching the global market as soon as possible, Candan said, "Our agreement with Turkcell will be a great driving force on this path. Our biggest capital is the manpower we have trained with our continuous R&D investments. We had planned and implemented our preparation for change and adaptation in manpower a long time ago. This is a great value for large organizations. In addition, as Barikat management, we would like to thank all our past and present colleagues, who are the biggest players in making this agreement possible, for their contributions." "We will," he said.