Saudi Arabia’s Al Elm Information Security Company (Elm) has signed an agreement to acquire the entire shares of the Saudi Company for Exchanging Digital Information (Tabadul) from the Public Investment Fund (PIF). Upon closing of the transaction, Tabadul will become a wholly-owned subsidiary of Elm, preserving its brand and identity. Tabadul’s current executive management will continue to lead its operations, and will report to its existing board of directors, with ...