Mergers & Acquisitions - News
Cohesity, a pioneer in AI-powered data security and management, announced Cohesity Gaia, a first-to-market AI-powered enterprise search assistant that brings retrieval augmented generation (RAG) AI and large language models (LLMs) to high-quality backup data within Cohesity environments. Cohesity Gaia will be made generally available on March 15. The conversational AI assistant enables users to ask questions and receive answers by accessing and analyzing their vast pools of enterprise data...
Invixium, a global pioneer of biometric access control and workforce management solutions announces the appointment of Chris Thompson as the new National Sales Manager to support its expanding North American territory. In this role, Chris will drive sales strategies, nurture key partnerships, secure new opportunities, and expand market presence across North America. With this appointment, Invixium aims to advance its industry leadership and growth trajectory in the Americas. Prior roles of Chr...
The 2nd Edition Hospitality Innovation Summit Saudi Arabia and UAE organized on the 6th and 7th of March 2024, concluded with an overwhelming response while setting whole new standards of excellence for itself. The summit began with the much-needed information pack on the hospitality industry of the region presented by Turab Saleem, Partner at Knight Frank, also the knowledge partner to the summit who stressed the importance of growing home brands to the scale of international brands. This...
Siemens announced that it will deepen its collaboration with NVIDIA to help build the industrial metaverse. Siemens is bringing immersive visualization powered by new NVIDIA Omniverse Cloud APIs to the Siemens Xcelerator platform, driving increased use of AI-driven digital twin technology. At the NVIDIA GTC, Siemens and NVIDIA demonstrated how generative AI can revolutionize the visualization of complex data, making photorealism possible, and showcased how sustainable shipbuilder HD Hyundai can...
RGB Spectrum®, an industry pioneer in mission-critical video for real-time decision support, announces the unveiling of its Zio® Recording System. This innovative system features support for third-party IP signal sources and Zio-generated streams. Currently available in both commercial and ruggedized versions. Zio Recording System The Zio Recording System supports the camera, computer, and other signals up to 3840x2160, 60Hz. Additionally, it supports third-pa...
Valsoft Corporation Inc., a Canadian company specializing in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of Servico, a Belgian industry pioneer providing mission-critical software solutions to the travel agency and tour operator sectors. For over 40 years, Servico has been helping its clients and partners attain operational efficiencies through their top-of-the-line ERP solutions. Servico provides clients and partners with visib...
The latest in our blog series highlighting Hanwha Vision partners takes us to Sprinx, an Italian company specializing in deep learning and analytics for traffic and transportation. Here, we meet with Paola A. M. Clerici, Sprinx co-founder and VP of Sales, to talk about how advances in traffic and transport intelligence are improving the safety, efficiency, and sustainability of our cities. Hello Paola, could you tell us about Sprinx? Sprinx was founded based on a passion for...
Costar Technologies, Inc., a major provider of advanced electronic security solutions, is excited to announce the successful completion of its acquisition by IDIS, a global pioneer in video surveillance technology. This merger marks a significant milestone in the companies’ nearly two decades of shared history, promising enhanced product offerings, greater financial stability, and an expanded global footprint to better serve a diverse customer base. Stronger security foundation &l...
Verkada, a pioneer in cloud-based physical security solutions, announced the appointment of four pioneers to its newly formed Federal Advisory Board. The board, which brings together experts with extensive experience across the public sector, will provide counsel to Verkada as it continues to expand its product offering for the Federal Government. Latest Verkada Grade models Board members include: Kiersten Todt, former Chief of Staff of the Cybersecurity and Infrastructure Security Agenc...
Bridewell, a pioneering UK cyber security firm, has completed its first acquisition of public sector cyber security specialists, Arculus Cyber Security. The acquisition will increase Bridewell’s headcount by 15% and triple its public sector revenue with all of Arculus’ employees retained. The deal strengthens Bridewell’s public sector footprint and aligns with the organization’s overarching strategic Critical National Infrastructure (CNI) focus. Bridewell’s growth...
Shareholders of TE Connectivity Ltd., a global major in connectors and sensors, elected Carol "John" Davidson as the new Chairman of the Board at the company's March 13 annual general meeting of shareholders. Davidson assumes the Chairman's role from Tom Lynch, who retired from the board after serving as the chairman since 2013. Davidson has served as a member of the board since 2016 and has been the Lead Independent Director of TE since 2022. He has more than 30 years of leadership experience...
IriusRisk, the industry-pioneering platform for automated threat modeling, has announced the appointment of Jose López Muñoz as its new Head of AI. The appointment represents another key milestone in IriusRisk’s plans to power the development of advanced AI-driven threat modeling solutions, transforming how the company can help its customers design secure software and systems. Prior roles of Jose López Muñoz Jose’s immediate priorities will be helping I...
ThinCats, the pioneering alternative finance provider to mid-sized SMEs has supported Hyperion Equity Partners-backed Ranger Fire and Security, with their latest acquisition of national fire and security platform Syncro Group Limited. Syncro Group Syncro is a national fire and security provider that is well positioned within the active fire market providing fire detection, extinguisher, and security services. Syncro’s founders, Gerry Bates and Paul Fallon, will join Ranger’s senio...
Digital Watchdog® (DW), the industry pioneer in digital recorders, surveillance cameras, system peripherals, and related management software, announces the appointment of Patrick Kelly to the position of Senior Director of Strategy. He formerly held the position of Director of IP Product Sales for the company. In his new position, Kelly will take an active role in designing and executing the company's marketing and sales strategies in the United States and Canada. Positioning and growth "...
The Innovation Park Artificial Intelligence (IPAI) is probably the most ambitious project for applied artificial intelligence in Europe. Its home will be a large, circular campus in Heilbronn, close to IDS headquarters. Companies, start-ups, research, and science will come together there to work on cutting-edge AI solutions. IDS Imaging Development Systems GmbH has been contributing its expertise in the field of artificial intelligence in image processing to the network since the beginning of 2...
The Small Business Network (SBN), a cornerstone in the security industry for the past 14 years, has appointed Abbey Petkar, the Managing Director of Magenta Security Services, as its new Executive Chairman, a change from his previous role of Press Officer. This strategic appointment marks a significant milestone in SBN's mission to foster professionalism, support staff, improve working conditions, enhance sustainability, and drive numerous other positive changes within the security sector. Lon...
Comelit-PAC is exhibiting at The Security Event 2024 to launch a host of innovative new products, including integrated biometric access control with CCTV, video door entry, and fire safety. On stand 5/F60, Comelit-PAC will debut its brand new video monitors, designed to enable installers to install or upgrade door entry systems, quickly and efficiently using NFC communications and the MyComelit app. Housing Central Visitors will also be among the first to experience Housing Central, a cloud...
Delinea, a pioneering provider of solutions that seamlessly extend Privileged Access Management (PAM), announced the close of its 2023 fiscal year, surpassing a key annual recurring revenue (ARR) milestone of $300 million and achieving a ‘Rule of 40’ profile. The company also grew recurring revenue to greater than 85% of total revenue. Delinea accomplished a notable innovation milestone in 2023 by debuting the Delinea Platform, a cloud-native foundation for Delinea’s...
With the rising speculation of nation-state-sponsored attacks against Microsoft by Russia, SaaS Alerts are asking that all MSPs be hyper-vigilant at this time. Beginning on March 7th, SaaS Alerts witnessed an increase of over 50% (above late February average activity) on event types, which indicate password spray, bruteforce, and non-interactive sign-in attacks – and this trend has continued throughout the day (March 8th) and to present. SaaS Alerts’ engineering team SaaS Alerts&r...
Interface Systems, a pioneering managed service provider of business security, actionable insights, and purpose-built networks for multi-location businesses, has moved its corporate headquarters to a new location in St Louis, MO. Located at 1844 Lackland Hill Parkway in St. Louis, the new 22000-square-foot facility features a state-of-the-art iSOC (interactive security operation center) to help manage the 24/7 security monitoring operations of pioneering consumer-facing businesses across t...
The eighth edition of the Doha International Maritime Defence Exhibition and Conference (DIMDEX 2024), held under the patronage of HH Sheikh Tamim Bin Hamad Al-Thani, Amir of the State of Qatar, and hosted and organized by the Qatar Armed Forces at the Qatar National Convention Center (QNCC), concluded on March 6th, 2024 with a strong presence from international and local exhibitors and a large number of visitors. The eighth edition, which ran from 4 to 6 March and was held under the theme of &...
Checkmarx, the pioneer in cloud-native application security, has announced an integration partnership with SD Elements from Security Compass, a pioneer in Security by Design. The integration enhances Checkmarx One, the industry-pioneering enterprise application security platform, and Checkmarx SAST by incorporating SD Elements to streamline and expand threat modeling capabilities across the software development life cycle (SDLC). Threat modeling Threat modeling is essential in identifyin...
SaaS Alerts, a cybersecurity company delivering an automated software-as-a-service (SaaS) security platform designed to detect and stop unauthorized activity in customer SaaS applications, announced the findings of its latest SaaS Application Security Insights (SASI) Report that shows there is a massive opportunity for MSPs to help their small and mid-market business clients. The 2024 SASI report analyzed SaaS application security records of more than 18,000 SMBs and nearly two mill...
SaaS Alerts, a cybersecurity company delivering an automated software-as-a-service (SaaS) security platform designed to detect and stop unauthorized activity in customer SaaS applications, announced it is partnering with FifthWall Solutions to offer its new Beltex cyber insurance solution to MSPs and their customers. FifthWall Solutions, a Wexford, PA-based cyber insurance provider, created Beltex, a customized, turnkey insurance product for the MSP channel, to be bundled with SaaS Alerts...
Advantech, a global pioneer in industrial IoT, is hosting an investor conference on March 6 presided over by Chairman KC Liu alongside three co-presidents – Mr. Eric Chen, Ms. Linda Tsai, and Mr. Miller Chang. Although Advantech’s 2023 revenue dropped 6%, its profitability was still effectively maintained, with net profit for the year at a historic high. 2023 gross margin The 2023 gross margin hit 40.5%, the operating profit amounted to NT$12.128 billion (operating margin of 1...
Security Executive Council (SEC) strategic alliance partner - The Foushée Group is inviting organizations to participate in the 23rd annual Security and Compliance Compensation Survey. Compliance compensation The Security and Compliance Compensation Survey is the only compensation research report for security positions. It provides detailed compensation information for more than 78 executive, management, professional, and technical security positions, drawn from more than 100 companies...
ISC West, in collaboration with its premier sponsor, the Security Industry Association (SIA), is gearing up to host the ISC West 2024 special events lineup. With returning fan favorites and brand-new events, attendees will have the opportunity to make professional connections, learn from industry experts, and enjoy their experience on the show floor and beyond. Advancements at industry awards ceremonies “ISC West strives to bring industry professionals an experience like no other, and t...
Verkada, a pioneer in cloud-based physical security solutions, announces the opening of its new ASEAN headquarters in Singapore, marking a significant milestone in the company's ambitious international growth strategy. Verkada's new Singapore office The new Singapore office, Verkada's fourth in the Asia Pacific region, will significantly enhance the company's ability to support its growing customer base in the region. "Over the past year, we've witnessed remarkable growth in our APAC customer...
Everon, also known as ADT Commercial, a pioneering security integrator and provider of commercial security, fire, and life safety solutions in the U.S., announced that it has acquired DIGIOP, a ground-breaking software development company, specializing in video and business intelligence solutions. Intelligence-driven solutions “As a renowned integrator and technology company, we recognize the major market shifts occurring every day across our industry. We’re not here to just witnes...
Verkada, a pioneer in cloud physical security, is now a Mission Partner of The "I Love U Guys" Foundation, a national non-profit organization that operates programs and trainings to standardize crisis response programs across schools. Verkada's partnership with The "I Love U Guys'' Foundation reinforces its commitment to providing real-time monitoring and response capabilities to help protect students during emergency situations. Integrated hardware and software solution The "I Love U Guys''...
