Munich Re has agreed to purchase At-Bay, a cyber-insurance startup, for $575mn, a price that is less than half of the company’s previous valuation. The acquisition was announced on Wednesday by the German insurance group.
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Munich Re has agreed to purchase At-Bay, a cyber-insurance startup, for $575mn, a price that is less than half of the company’s previous valuation. The acquisition was announced on Wednesday by the German insurance group.
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