Germany's Kobil buys 50% in Turkey’s WesterOps cloud software firm

By bne IntelIiNews November 16, 2021

Germany-based Kobil GmbH, a data security technologies developer launched in 1986, has acquired a 50% stake in Turkey’s WesterOps, Ismet Koyun, founder of Kobil, said on November 11.

WesterOps, launched in 2015, develops cloud software.

Related Articles

Despite local elections defeat Erdogan “remains in control” at head of “super-executive regime”, says analyst

Despite his AKP party’s defeat in the weekend’s local elections, Turkish President ... more

Turkish footwear manufacturers step up investments in Uzbekistan’s leather and footwear industries

Turkish footwear manufacturers are stepping up their investments in Uzbekistan’s leather and footwear industries, according to local reports. A $1mn investment in the manufacture of leather, ... more

Shipping companies latest to feel effects of “West’s very tight blockade against Turkey’s banking system", says report

Shipping companies are the latest to feel the effects of “the West’s very tight blockade against the Turkish banking system”, according to a report by Turkish publication Ekonomim. In ... more

Dismiss