India, Feb. 5 -- Cybersecurity company TAC Security is looking to acquire CyberScope, a Europe-based Web3 security firm to expand its global footprint in the Web3 security space.

CyberScope specialises in smart contract audits and vulnerability assessment for blockchain-based applications.

The acquisition will add $1.2 Mn in revenue to TAC Security's growth strategy, as per a company's exchange filing.

Further, the acquisition expands TAC Security's client base to more than 6,000 with a potential growth to reach 10K by next year.

(The story will be updated soon)

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