G42’s CPX acquires security solutions firm TSI Tech

CPX acquires TSI Tech to expand smart city security solutions: Homegrown cybersecurity firm CPX Holding, acquired by G42 in 2024, inked an agreement to acquire Singapore-based TSI Tech, according to a press release. TSI Tech is a provider of smart city and collaborative systems technology, and the takeover expands CPX’s physical security portfolio. The financials of the transaction were not disclosed.

The details: TSI Tech’s expertise in smart city systems will merge with CPX’s cybersecurity services to provide security and threat-detecting solutions, including for data centers and urban infrastructure, to target government entities and corporate clients. The two will also collaborate on product and business research and development in the Middle East, Africa, and Asia, widening their joint-market reach.

About TSI Tech: Founded in 2004, TSI Tech develops AI solutions for smart cities, public safety, and critical infrastructure. The company integrates hardware, software, and secure communications for surveillance, traffic management, and asset tracking systems across its projects, which assist local governments and authorities on improving urban security and operational efficiency.