[SecurityWeek] Schwarz Group Acquires XM Cyber for $700 Million

Germany-based retail giant Schwarz Group this week announced the acquisition of security posture management company XM Cyber for $700 million.

Schwarz Group, known for brands such as Lidl and Kaufland, is the world’s fourth-largest retailer. Last year, it announced launching a cloud computing service for third-party retailers.

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