Cyber Security System Aims to Reach Whole World

Comodo, founded in 1998, provides various online security solutions and has more than 1,200 employees and eight research and development (R&D) centers around the world. The company currently operates in the U.S., but the company has also invested in Turkey.

In April 2013, Abdulhayaoğlu said that while Turkey currently has a very small market for electronic goods, industry, government and labor in Turkey are finally ready for domestic products to be manufactured and exported.

Abdulhayaoğlu further said that with a team of 167 Turkish engineers, they were able to create a product and export Turkish technology to Germany. Stating that although he does not have any plans to sell the goods created in Turkey, he has more business and investment plans for Turkey along with the cyber security systems such as online marketing and smart home systems.

Abdulhayaoğlu has already established a Cyber Security R&D Center at Middle East Technical University in Ankara along with an investment of around $6 to $7 million, and he is planning on investing $12 to $13 million more next year. Comodo's share in the global security software market is around 30 percent and its market is around $5 billion with offices in the U.S., U.K., Ukraine, India and China.(Daily Sabah)