Huawei buys out Israel cyber security startup Hexatier for $42m

Journalists follow the presentation of Huawei's new smartphone, the Mate S, ahead of the IFA Electronics show in Berlin, Germany, September 2, 2015. REUTERS/Hannibal Hanschke/Files

China-based telecom equipment giant Huawei has completed the acquisition of Hkstir (Hexatier), a cyber security startup in Israel, for $42 million, the Calcalist reported.

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