Mergers & Acquisitions - News
Brivo, Inc., the global pioneer in cloud-based access control and smart building technologies, and Crown PropTech Acquisitions (“Crown”), a publicly-traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement that will result in Brivo becoming a publicly listed company. The transaction values the company at a pro forma enterprise value of $808 million. Upon closing, the combined company will operate as Brivo, and its Class A...
ADT Inc., a pioneer brand in smart home and small business security, announced an agreement to acquire Sunpro Solar (Sunpro), ranked #2 for 2021 Top Residential Rooftop Solar Contractors in the U.S., for $160 million in cash plus approximately 77.8 million shares of ADT common stock, implying a total enterprise value of approximately $825 million, subject to certain adjustments. ADT will rebrand Sunpro to “ADT Solar™” and enter the rooftop solar business to...
Super Micro Computer, Inc. (SMCI), a global pioneer in enterprise computing, storage, networking solutions, and green computing technology, announces the enhancement of the broadest portfolio of Artificial Intelligence (AI) GPU servers which integrate new NVIDIA Ampere-family GPUs, including the NVIDIA A100, A30, and A2. NVIDIA-certified systems Supermicro’s A100 HGX 8-GPU and 4-GPU servers deliver three times higher AI training and eight times faster performance Supermicro’s late...
Comelit Group UK, a manufacturer of access control and door entry solutions, has announced its acquisition of PAC GDX. Under the newly formed and re-branded Comelit-Pac company, the acquisition of PAC GDX by the Italian owned security and fire safety specialist will enable the company to offer total integrated solutions, inclusive of networked access control systems together with door entry, CCTV, home automation, intruder alarm, and fire detection systems. Networked access control Led in th...
Developer of the JetFlex gate operators, considered the fastest in the world, PPA has consolidated itself as an important global player in the electronic security sector. The company, which has been present since 2015, is preparing for a new expansion cycle in the American market, with the growth of its product portfolio. Acquisitions In recent years, PPA acquired three companies: the Celtron current movers factory, Citrox, which specializes in access control, electric fences, alarms, and IoT...
Intelligent Insights, an AIoT video software solution from Bosch, consolidates, augments, and converts data from multiple sensors (cameras) into actionable insights. These insights are visualized in easy-to-understand widgets and as a report, allowing users to analyze and compare data, in order to support informed decision-making and helping users respond, before a potential situation occurs, and thereby delivering business intelligence beyond security. Intelligent Insights Intelligent Insigh...
Orion Entrance Control, Inc., the provider of building access technology solutions, has partnered with precision mechanical engineering pioneer Tansa Global to bring to market world-class full height turnstiles powered by Infinity™ software to provide real-time occupant counting data at entryways, perimeters, lobbies, and elsewhere. “Orion has been interested in Full Height turnstiles for years,” explained Steve Caroselli, CEO, and Founder, Orion Entrance Control, Inc. “...
Konica Minolta Italia, already a MOBOTIX Gold Partner since 2019, will become an official distributor of MOBOTIX AG to combine the competencies of both companies, offering added value to the Italian market. The alliance between MOBOTIX and Konica Minolta will enable both companies to expand their offerings and develop new solutions for the market, thanks to a joint, organic, and structured approach to vertical markets. Video surveillance Konica Minolta's innovation and technical expertise, to...
Super Micro Computer, Inc. (SMCI), a global pioneer in enterprise computing, storage, networking solutions, and green computing technology, announces new systems based on NVIDIA® Ampere architecture GPUs and 3rd Gen Intel Xeon Scalable processors with built-in AI accelerators (Supermicro X12 series). These servers are designed for demanding AI applications where low latency and high application performance are essential. Advanced hardware security features Supermicro 2U 2-Node system redu...
ADT Commercial has announced that it has purchased premier fire, life safety, and security systems provider, Edwards Electronic Systems, Inc., based out of Clayton and Concord, North Carolina, USA. The purchase of Edwards Electronic Systems, Inc. further deepens the ADT Commercial organization’s integration capabilities and fire and life safety expertise, in order to serve mid-market, national and large-scale commercial customers, in the Carolinas regions. Acquisition of Edwards Electron...
Nice, a global manufacturer of smart home, security, home, and building automation solutions, has announced that it has acquired Nortek Security & Control, LLC from Melrose Industries. Nortek Security & Control, LLC is a globally renowned developer of technology for security, home automation, control, power, AV and entertainment, access control, health, and Artificial Intelligence (AI) systems, for residential and commercial markets. Strategic acquisition With this acquisition and add...
PSA Security Network (PSA), the world’s renowned consortium of professional systems integrators and USAV has announced a new partnership with TSI APAC Hub (TSI), for PSA and USAV. This partnership in the Asia Pacific (APAC), and the Middle East and Africa (MEA) will increase PSA and USAV outreach to the system integrators and technology partners, in APAC and MEA regions, who provide solutions and services in various verticals, such as cinema, corporate, education, energy and utilities, go...
With the increasing development and maturity of technology, the smart Internet of Things, smart transportation, and connected car networks, which combine 5G, AI, and IoT integration applications, will lead the smart city to upgrade again. Most cities are using LPWAN technology and IT technology to connect and improve their infrastructure and integrate the city's component systems and smart services to enhance the quality of life of citizens. Aida Edge Computing P7 and Z7 cameras Following the...
According to the 2020 State Farm annual study, nearly two million collisions between vehicles and large animals occur every year in the United States alone, representing approximately five percent of all reported motor vehicle collisions. These wildlife-vehicle collisions (WVCs) result in 26,000 injuries to motorists each year. Reducing WVCs Thermal cameras see an entirely different wavelength of energy, known as long-wave infrared (LWIR) radiation or heat energy, which radiates, absorbs...
StorMagic®, simplifying storage and security from the edge to the core, announces the addition of its new Chief Executive Officer, Danial Beer. Beer was selected as CEO to transform, optimize, and efficiently grow the company as it expands into key market areas including edge, HCI, security, and video surveillance. Daniel Beer brings more than 25 years’ of senior management experience in the global software industry, where he successfully transformed and grew multinational software co...
Super Micro Computer, Inc. (SMCI), a global pioneer in enterprise computing, storage, networking solutions, and green computing technology, is adding a new facility to its multi-location U.S. headquarters campus in San Jose, California. Customers can collaborate with Supermicro engineers in this consolidated campus, accessing an onsite data center to develop, test, and create the right balance of on-prem, colocation, and public cloud workload scenarios optimized for future corporate challenges....
US-headquartered Odyssey Energy Solutions, Inc. (Odyssey) has announced its acquisition of the German remote monitoring and control technology company, Ferntech GmbH. This cements Odyssey's position as the distributed infrastructure sector’s major end-to-end investment and asset management platform. It is now supporting investors, developers, operators and governments, across the complete project lifecycle, by adding new capabilities for project operations. Ferntech GmbH acquisition Emi...
Arqit Quantum Inc. (Arqit), a globally renowned company in quantum encryption technology and Juniper Networks, an internationally recognized company in secure, AI-driven networks, have signed a ‘Technology Alliance Partner Connect’ agreement, to explore network security technology that will protect against quantum security threats. Software-defined networking Cyber-attackers regularly target networks, in order to disrupt business operations. Arqit Quantum Inc. and Juniper Networks...
ASSA ABLOY has signed a definitive agreement to acquire the Hardware and Home Improvement (HHI) division of Spectrum Brands (SPB) for a purchase price of MUSD 4,300 on a cash and debt free basis. Spectrum Brands’ Hardware and Home Improvement (HHI) division is a renowned provider of security, plumbing, and builders’ hardware products to the North American residential segment, with a diversified product offering of locksets, faucets, and builders´ hardware. Hardware and Home I...
Plus (formerly Plus.ai), a global provider of self-driving truck technology that recently disclosed its proposed business combination with Hennessy Capital Investment Corp. V, has announced that it will collaborate with Teledyne FLIR, LLC on a development project to explore the addition of thermal cameras to the sensor stack used with Plus’s Level 4 autonomous driving technology. Multi-modal sensor approach Plus takes a multi-modal sensor approach and currently uses Lidar, cameras, and r...
Solutions designed on the needs of speed and cost reduction, are common to all the activities called into question by the legislation. The control is automatic and immediate, overcoming the need for the permanent presence of an operator: although the entrances are always manned, the tool avoids close physical contact between the person carrying out the check and the people called to exhibit the document. QR code scanner The QR code is scanned automatically by bringing the Green pass close to...
Agent Video Intelligence (Agent Vi) has announced that it has entered into an agreement for its sale to Irisity (Iristy AB), a Sweden-based publicly listed AI video analytics company, for a total consideration of approx. US$ 67 million in cash and shares of Irisity. Irisity, founded in 2008, develops and markets video analytics software products for improved security and surveillance, and is publicly listed in the Nasdaq First North Growth market in Stockholm, Sweden. Agent Vi acquisition Thr...
Paravision, the U.S.-based provider of mission-critical face recognition and computer vision, announces the appointment of Kurt Takahashi to its corporate Board of Directors. Kurt brings over 25 years of experience in sales, marketing, and leadership in the security industry. Currently CEO of Netwatch Group, Kurt has held Senior Executive Positions at pioneer companies including Pelco (acquired by Motorola Solutions), AMAG (part of G4S), and Quantum Secure (acquired by HID Global), and has led...
The owners of Innovative Business Software A/S (Innovative), Montreal-based Valsoft Corporation (Valsoft Corp.) have acquired UK-based security firm, Bold Communications, in a move to drive expansion of its presence in the United Kingdom. The acquisition will strengthen Innovative’s product offering, with the inclusion of Bold Communications’ CCTV alarm event handling and lone worker protection services. Innovative Business Software A/S is a global provider of security technology in...
Valsoft Corporation (Valsoft) has acquired a UK-based security firm, Bold Communications, in a move to drive the expansion of its security business in the United Kingdom. Valsoft is based in Montreal, Canada, and specializes in the acquisition and development of vertical market software businesses. The acquisition follows Valsoft’s recent acquisition of Innovative Business Systems (Innovative). Innovative is one of the world’s renowned providers of security technology in the Nordic...
LENSEC, a pioneer in video management software, announced a partnership with Open Options to provide flexibility and greater efficiency when combining Perspective VMS® and DNA Fusion™ access control software. The integration between PVMS software by LENSEC and DNA Fusion access control from Open Options enables users to control doors by issuing access control commands to locks and devices. From the video management software, users can manage access points from the map module or t...
ASSA ABLOY has acquired Omni-ID, a manufacturer of RFID tags and industrial IoT hardware devices for passive and active tagging, tracking, monitoring, and alerting applications, based in the US. "I am very pleased to welcome Omni-ID into the ASSA ABLOY Group. Omni-ID is a strategic technological addition to the ASSA ABLOY Group and reinforces our current RFID and IoT offering and provides complementary growth opportunities,” says Nico Delvaux, President, and CEO of ASSA ABLOY. Expanding...
Mid-market private equity investor, LDC has backed the management buyout (MBO) of Texecom from FTSE 100-listed technology group Halma plc. Texecom management buyout LDC’s significant investment will support Texecom’s existing management team, led by Managing Director, Jim Ludwig, to build on its market-renowned position and international presence, through developing new products, enhancing its digital services and exploring complementary acquisitions. The investment was led by LDC...
Ramtech, the innovative UK wireless safety, and security solutions business, has been bought by Halma plc. The acquisition by Halma will support Ramtech’s ambitions to enter new global markets and invest in a substantial product roadmap. Halma plc is a global group of life-saving technology companies whose purpose is to grow a safer, cleaner healthier future for everyone, every day. Ramtech will join several companies in the safety and fire detection markets that are part of the FTSE 100...
Fast-paced innovation is the order of the day. This is especially true for businesses operating in the telecom industry – an industry is known for its disruptive, transformative nature. Frequently facing issues in optimizing networks and upgrading technology, telecom companies, or telcos need to continually reinvent themselves to stay ahead of the competition and provide a better experience to end-users. Business transformation Beyond Technology employs the most effective and relevant t...
