Mergers & Acquisitions - News
Active Intelligence, a pioneer of AI-powered anomaly detection software for physical security is excited to announce that its groundbreaking ASTRA™ Autonomous Video Anomaly Detection solution is available for sale. The decision to initiate the official availability of ASTRA comes after a series of user trials and evaluations in mission-critical applications across multiple vertical markets. Autonomous anomaly detection “We performed extensive field tests with ASTRA and listened ve...
Rubrik, the Zero Trust Data Security™ Company announced it has signed an agreement to acquire Laminar, a data security posture management (DSPM) platform. The combination will create the industry’s first complete cyber resilience offering of its kind by bringing together cyber recovery and cyber posture across enterprise, cloud, and SaaS. This acquisition supports Rubrik’s leadership position as one of the preeminent data security platforms and furthers the company’...
Amthal has announced the appointment of Reece Paprotny to Commercial Director, having initially joined the company as an apprentice. The promotion comes as the company announces a strategic shift in its approach to fire safety and security services. Business development Reece, who joined Amthal as a finance apprentice in 2015, instantly identified a strong drive to succeed and a keen eye for business development opportunities. He quickly established himself as a valuable asset, rising to...
Mr. Ganesh Jivani, CEO of Matrix Comsec, was conferred with the 'Industry Stalwart' Award at the GESIA's sixth edition of the annually held Digital Management Conclave held on 5th August 2023 at Hyatt Place, Vadodara. This award has been instituted to recognize and felicitate stalwarts who adopted ICT in their businesses as an intrinsic part of their growth and their contribution to the IT industry. Telecom and physical security On winning this prestigious award, Ganesh Jivani, Chief Ex...
VIPRE Security Group, a globally renowned provider of advanced cybersecurity solutions, announces the launch of its latest security innovation: Managed Detection & Response (MDR). Endpoint Detection & Response As VIPRE’s latest offering, the MDR solution efficiently and accurately addresses the escalating challenges businesses and organizations face in combating cyber threats and bolstering their endpoint security efforts. As cyber threats escalate, businesses of all sizes conti...
In recent years, users have seen an increase in security measures in stadiums and sports arenas. FIFA has published new guidelines that emphasize the importance of stadiums having advanced video security systems that can coherently monitor large areas of the stadium, and zoom in on past events to help solve incidents. This is where Dallmeier's Panomera® cameras come into play. “The most advanced CCTV systems can monitor large, defined areas of the stadium bowl and facilitate ret...
Sharry, a workplace experience platform around digital employee badges, promotes Karel Hudínek to Head of Technology Partnerships. Previously a Product Manager at 2N, Karel has held the same position at Sharry for the past year. His recent promotion is pivotal to Sharry’s growing partnership program with international vendors. Currently, Sharry has fully running integrations of more than 20 access control systems and mobile credential providers, including all relevant sector p...
Verkada, a pioneer in enterprise building security and management, is expanding its business to South Korea with a new office in Seoul to meet the growing demand for its cloud-based physical security solutions. Verkada's new Seoul office, the company's fourth location in the Asia Pacific and Japan (APJ) region, joins the company's 1,700 employees and 15 global offices in its mission to protect people and property. Expansion of Verkada's global team Verkada's product offerings s...
RecFaces, an international ready-made facial recognition software developer, announced that its Id-Guard ready-made facial recognition software has been verified by Milestone Marketplace and has been successfully integrated into the Milestone XProtect video management software (VMS), empowering users to explore the various applications of video management systems. Id-Guard facial recognition Id-Guard is a high-accuracy facial recognition boxed solution developed for video surveillance an...
Advantech, a globally renowned company in industrial IoT, is hosting an investor conference on August 2, 2023, presided over by Chairman - KC Liu, alongside three Co-Presidents – Mr. Eric Chen, Ms. Linda Tsai, and Mr. Miller Chang. Advantech’s revenue and profits for the first half of 2023 have set a new company record for the same period of time, with YoY (Year-on-Year) growth at 4% and 19%, respectively. Advantech’s finances for first half of 2023 The gross margin hit at 4...
LiveAction, a pioneer in network performance visibility, announced its partnership with Multipoint Group, a provider of network and communications solutions. With a primary focus on Israel, Turkey, Greece, and Cyprus, Multipoint will deliver LiveAction’s full product portfolio in addition to technical, pre-and post-sales support. Network Intelligence platform The offering will include LiveAction’s network performance management (NPM) solutions. LiveAction’s Network Intellige...
Mayflex, the distributor of converged IP solutions, is now distributing Secure Logiq, the experts in specialized servers for the IP surveillance market. Secure Logiq workstations and servers are built from the ground up to provide the fastest performance with up to 4000 Mbps, the biggest storage of over 1 petabyte in a single 4U server, the most resilience with up to RAID60 and the best value and specifically designed for the complexities of IP video surveillance. Secure Logiq Products ...
Designed around energy-saving principles, Hanwha Vision’s product, and technology deliver a sustainable approach to security and monitoring needs. While video surveillance systems are touted as integral to building smart and sustainable cities, the cameras themselves must also be designed for sustainability. Energy-efficiency Individually, modern security cameras do not consume a significant amount of energy. However, extensive surveillance systems can incorporate dozens of server...
The Electronic Security Association, ESA is pleased to announce Kevin Stone, COO and Executive Vice President of Doyle Security Systems in Rochester, New York, as the Association’s Chairman-Elect for 2023-2024. As the association’s current Chairman, John Loud, finishes his term. Kevin will serve as Chairman-Elect from July 1, 2023, through June 30, 2024. Drive for excellence “The future of a thriving ESA depends on a pioneer who can help drive excellence and embrace ou...
RAH Infotech, India’s renowned value-added distributor and solutions provider of technology products and digital transformation solutions and services, announced their association with Videonetics, a market provider of ingenious solutions with the the world's first AI- & DL-powered unified video management platform. RAH Infotech understands the need to tap into distinctive technologies and solutions based on market needs. With this understanding of the demand for technologies that hel...
Allied Universal®, the global security and facility services company, was recently ranked No. 5 systems integrator in SDM Magazine’s 2023 Top Systems Integrators Report. The Top Systems Integrators Report by SDM Magazine is a comprehensive list ranking companies based on their North American systems integration revenue. End-user customer These projects encompass various solutions such as design, project management, product, installation, programming, start-up and training sold dire...
The Columbus, Ohio branch of Allied Universal®, the world’s renowned global security and facility services firm, has launched its first Project THERE volunteer event. Employees assisted the Near Northside Emergency Material Assistance Program (NNEMAP) food pantry at its first ‘A Taste of German Village and the Brewery District’ function on July 14, 2023. “This was a great opportunity for Allied Universal professionals to have a direct impact on the well-being of thei...
Tek Experts, a global provider of technical talent solutions, has recently announced plans to open a new Security Operations Center (SOC) under its cybersecurity business, Cytek in Victoria Island, Lagos. AI-enabled Sentinel platform Backed by Microsoft’s industry-pioneering, AI-enabled Sentinel platform, the SOC will deliver a full suite of cutting-edge cybersecurity solutions, providing round-the-clock protection for government entities and businesses with operations in Nigeria and Wes...
Capstone Partners, a middle market investment banking firm, released its July 2023 Security Solutions Sector Update, reporting that a robust spate of private equity-led add-on acquisitions, driven by consolidation among systems integrators, has buoyed merger and acquisition (M&A) activity in the Security Solutions sector through year-to-date (YTD) 2023. Technology innovations Deal volume in the sector has moderated year-over-year (YOY), however, technology innovations have created new reve...
Verkada, a pioneer in enterprise building security and management, announced Elizabeth Davies has joined as Chief Privacy Officer. Davies will oversee Verkada's privacy and government affairs programs as the company continues to expand its product offerings and operations globally. Davies has deep experience leading security, privacy, and data protection efforts at global organizations. Davies was most recently at Splunk, where she served as its Global Head of Data Protection and its...
Menlo Security, Inc., a pioneer in browser security announced HEAT Shield™ and HEAT Visibility™, the industry’s first suite of threat prevention capabilities designed to detect and block highly evasive threats targeting users via the web browser. HEAT Shield™ Menlo Security HEAT Shield™ detects and blocks phishing attacks before they can infiltrate the enterprise network. It uses novel, AI-based techniques including computer vision combined with URL risk scoring...
Johnson Controls, a pioneer for smart, healthy, and sustainable buildings announces an agreement with Constellation, the nation’s largest producer of carbon-free energy, to support the development of two new solar plants and match the power needs of four major Johnson Controls manufacturing and research and development facilities. “By joining forces with Constellation, we are supporting the addition of state-of-the-art renewable assets to a key region for Johnson Controls’ mar...
The Germany-based video technology manufacturer and VIDEOR E. Hartig GmbH announce their sales partnership. As a result, security installers can purchase video security products “Made in Germany” from VIDEOR with the Dallmeier Panomera® and Domera® product families. The modular and extremely installer-friendly Domera® family with the Domera® E series, which was developed for price-sensitive market segments, impressively proves that these products do not necessar...
Data breaches currently cost UK organizations an average of £3.4 million, but AI can be used to significantly reduce, according to a new IBM Security Report. This comes as IBM’s annual Cost of a Data Breach Report, which analyzed real-world data breaches from 553 global organizations between March 2022-March 2023, showed a decrease in the total average of a data breach in the UK from £3.8m in 2022 to £3.4m in 2023. Businesses impacted by data breach Tech businesses and...
Four in five (80%) of cybersecurity providers claim that AI is the biggest cyber threat to their business, according to new research from RiverSafe, a pioneering cybersecurity professional services provider. The findings were revealed in the AI Unleashed: Navigating Cyber Risks Report, a survey of 250 cybersecurity providers conducted by independent polling agency Censuswide, which detailed the rising threat of AI in cybersecurity. The research uncovered the preparedness of organizations and th...
Kaadas Group, a global pioneer with over 30 years of dedication to the lock industry, announces that several Z-Wave smart lock models, including the KA200 Key Free Deadbolt Lock, KA201 Keypad Deadbolt Lock, and KA211 Touchpad Deadbolt Lock are now each certified via Alarm.com. Robust, and reliable locks This certification ensures the interoperability of select Kaadas locks with Alarm.com, the platform for the intelligently connected property. With certification complete, integrators and insta...
Cyber and technology specialists, Emerge Digital and Red Maple Technologies have forged a strategic partnership to bring enterprise-level cyber security solutions to SMEs at a time when small businesses struggle with the cost and resources of staying secure. This year's Government Cyber Security Breaches Survey reported how an increasing number of small to medium-sized companies are struggling with their cyber hygiene since the pandemic. Malware protection The number of micro-businesses...
Advancing their partnership, UK manufacturer of rugged HD, hybrid, radar and thermal imaging cameras, 360 Vision Technology and specialist environmental and conservation technology consultancy, Excite Technology, are now involved in a series of cutting-edge trials, aimed at delivering highly accurate Atlantic salmon AI monitoring and data delivery solutions. In the partnership, 360 Vision Technology has supplied stainless-steel Eclipse HD PoE cameras for deployment in the harsh environment tria...
ZE Government Solutions (ZEGS), a wholly owned subsidiary of AI-based gun detection pioneer ZeroEyes announced that it has been selected by AFWERX for a SBIR Phase I contract focused on edge deployment of artificial intelligence to investigate its potential to fill capability gaps in the Department of the Air Force (DAF). AI-based object detection For this solution, ZEGS’ AI-based object detection video analytics will be added to edge devices such as LTE-enabled body cameras. This...
Matrix Comsec and partner Tycom Technology captivated attendees at the highly anticipated Matrix Partner Connect 2023 event, held at the prestigious Hyatt Ahmedabad. This exclusive gathering brought together industry pioneers, system integrators, and business associates from across the globe to explore the latest cutting-edge innovations in the telecom and security industries. The lineup of advanced products Matrix Comsec, a renowned player in the Telecom and Security industry, showcase...