Mergers & Acquisitions - News
Fast-paced innovation is the order of the day. This is especially true for businesses operating in the telecom industry – an industry 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. State-of-the-art technology Enabling business transformation for both telco...
Bell Canada and Google Cloud today announced a strategic partnership to power Bell’s company-wide digital transformation, enhance its network and IT infrastructure, and enable a more sustainable future. This new, multi-year partnership will combine Bell’s 5G network leadership with Google’s expertise in multi-cloud, data analytics, and artificial intelligence (AI), to deliver next-generation experiences for Bell customers across Canada. Initiatives to increase efficienc...
Securitas, an intelligent protective services partner, has agreed to acquire Protection One, the German company specializing in remote technology-driven security solutions and electronic security. The acquisition will enhance Securitas’ protective services capabilities in Germany and is in line with the Group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 72 (MSEK 735) on a debt-free basis. Remote...
APi Group Corporation (APi Group) is pleased to announce that it has entered into a definitive agreement to acquire the Chubb Fire & Security Business (Chubb) from Carrier Global Corporation for an enterprise value of US$ 3.1 billion, which is comprised of US$ 2.9 billion cash and approximately US$ 200 million of assumed liabilities and other adjustments. Chubb Fire & Security Headquartered in the United Kingdom, Chubb has approximately 13,000 employees globally and a sales and service...
Super Micro Computer, Inc. (SMCI), a global pioneer in enterprise computing, storage, networking solutions, and green computing technology, announced new versions of its market-proven top-loading storage solutions with 60-bay and 90-bay systems along with new Simply Double storage systems fully optimized for the latest 3rd Gen Intel Xeon Scalable processors and PCI-E 4.0 NVMe drives. These best-in-class high-capacity storage and expansion systems are ideal for cloud-scale storage implementation...
According to the latest report, from research organization – Omdia, Genetec Inc, a globally renowned technology provider of unified security, public safety, operations, and business intelligence solutions, has once again been recognized as the fastest-growing access control software provider in the world. The report shows Genetec displacing traditional access control vendors, and claiming the number two position globally (up from 4th in 2019). Access control software provider “Whi...
Motorola Solutions has announced it has entered into a definitive agreement to acquire Openpath Security Inc., a cloud-based mobile access control provider. Motorola Solutions expects to close the transaction by the end of the month. Terms of the transaction were not disclosed in the announcement. Openpath company takeover Openpath is a renowned company within the access control industry. Openpath’s solution makes businesses more secure with multi-factor authentication, enables a contact...
Pluralsight, Inc., the globally renowned technology workforce development company, has announced that it has closed on its acquisition of A Cloud Guru (ACG), a major cloud skills development platform. Pluralsight had previously announced in June 2021 that it had entered into a definitive agreement to acquire A Cloud Guru, following Vista Equity Partners’ recent acquisition of Pluralsight. A Cloud Guru (ACG) acquisition Aaron Skonnard, the Co-Founder and Chief Executive Officer (CEO) of...
Novaira Insights – a new video surveillance market research provider releases its first report, ‘The World Market for Video Surveillance Hardware and Software – 2021 edition’. It is sometimes said that the video surveillance market is recession-proof. That when economic conditions deteriorate, there continues to be spending on security hardware and software. However, market conditions in 2020 were unprecedented. Restrictions in response to the COVID-19 pandemic meant tha...
The Kaiserslautern District Court has granted the submitted application for the judicial appointment of the Supervisory Board Member - Mr. Osafumi Kawamura (General Manager, Business Planning Division, Imaging-IoT Solution; Konica Minolta Inc. Tokyo, Japan) to replace Mr. Tsuyoshi Yamazato. The Supervisory Board will thus be composed of Toshiya Eguchi (Chairman of the Supervisory Board), Olaf Jonas, and Osafumi Kawamura from 1 July 2021. The Management Board looks forward to working with...
IDnow, a German-based leader in identity verification-as-a-service solutions announced that it has agreed to acquire ARIADNEXT, a French company specializing in remote identity verification and digital identity creation. With IDnow and ARIADNEXT joining forces, the companies can provide one comprehensive identity verification platform, ranging from AI-driven to human-assisted technology and from online to point-of-sale verification options. The combination further increases the services IDnow...
Safetytech Accelerator announces collaboration with DP World Europe and IronYun to reduce risk in ports through AI video analytics. Ports are extremely busy places – with cranes, lorries, and people in constant motion, the risk of accidents is high. Safetytech Accelerator believes that modern artificial intelligence and machine learning platforms can help reduce this risk, and is working with two pioneers in their respective fields to show how this can be done. About DP World DP World i...
LILIN announces that Navigator NAV 2.0 Enterprise and NAV 2.0 Corporate are EOL. Customers are able to: Keep using NAV 2.0 Enterprise or NAV 2.0 Corporate. Purchase the upgrade license on the existing NAV 2.0 to upgrade to NAV 3.0 Corporate.
Sage Integration, a security integration provider serving enterprise Fortune 100 clients, will deliver its client-centric services to the rapidly-growing eastern Tennessee region through a new office in Knoxville. This is Sage Integration’s fourth office; the others are located in Kent, Ohio, Atlanta, and Dallas. Working to meet client demands John Nemerofsky, Sage Integration’s chief operating officer, said an increased client base and demand for service in the fast-growing Knoxvi...
HITRUST, data protection standards development and certification organization, announced a new milestone in throughput of assessment reviews by reducing the turnaround time by 50% over the last six months and exceeding established quality standards, all while assessment volumes have hit an all-time high, confirming the growing need for reliable assurances. Also announced is the publication of Advisories outlining updates to the HITRUST CSF Assurance Program™ that deliver at least a 25% sa...
The Board of Directors of Securitas AB (publ) (‘Securitas’) has resolved, pursuant to the authorization granted by the annual general meeting held on May 5, 2021, that the company shall acquire its own shares of series B on Nasdaq Stockholm. The purpose of the acquisition is to ensure Securitas’ undertakings in respect of share-related or share-based incentive programs (other than the delivery of shares to participants of incentive programs), including covering social security...
National Monitoring Center (NMC), the nation’s premier 3rd party monitoring center, proudly announces the 20th anniversary of the company’s founding. In those years, NMC has evolved from a single 10,000 square foot facility to two fully redundant leading-edge monitoring centers, located in California and Texas, USA. Monitoring business longevity “We are thrilled and honored to have reached this milestone,” said Woodie Andrawos, President of the National Monitoring Cent...
Crossword Cybersecurity Plc, the technology commercialization company focused on cyber security and risk management, is pleased to announce its acquisition of the whole of the share capital of Verifiable Credentials Limited (VCL), the provider of Identiproof, the World Wide Web Consortium (W3C) verifiable credentials compatible middleware and wallet technology, with whom Crossword is already working. Identiproof Identiproof is a key component in verifiable credentials systems Identiproof, VCL...
STARVIS Sensor Both 2 and 3 series cameras feature a Sony STARVIS sensor, which uses back-illuminated pixel technology to provide clear, high-quality color images in low-light environments. STARVIS cameras IVS 2.2 offers both Human and Vehicle detection capabilities for 2 and 3-series cameras Even in well-lit areas with multiple light sources, STARVIS cameras can provide a clearer image than their non-STARVIS counterparts, and adapt to light and weather conditions. Eliminate false alarms wit...
BoxLock, the supply chain access control platform, announces the hiring of two experienced business executives on the heels of entering a new stage of expansive growth: Michael Coyne will serve as Chief Financial Officer and Andrew Kelley, III as Chief Commercial Officer. Coyne most recently served as Senior Vice President of Strategic Development at Quick International (now Kuehne + Nagel), a highly-specialized logistics and freight forwarding company serving the life sciences, clinical trials...
StorMagic®, simplifying storage and security from the edge to the core, announced that StorMagic SvSAN and Zerto, an industry in cloud data management and protection platform have been validated with HPE Proliant servers. Delivered through the HPE Complete Program, this HPE validated solution allows customers to protect edge-to-edge, edge-to-core, or edge-to-cloud workloads. Authority comment “The increased utilization of IoT, ML and AI has made edge computing a critical part of mod...
Super Micro Computer, Inc. (Supermicro), a globally renowned company in enterprise computing, storage, networking, and green computing technology, is making available a range of liquid cooling solutions that reduce costs and allow the most demanding applications to run with less jitter, and at faster CPU frequencies. Working with customers, Supermicro will design, implement and test the latest liquid cooling technologies at the rack level, ensuring a quick and seamless installation in customers...
The 2021 Electronic Security Expo (ESX) Virtual Experience, June 15-17, presented by the Electronic Security Association (ESA), will feature inspirational speakers, including Ryan Estis and John Mack, delivering insightful presentations on the main stage. Ryan Estis is an expert on organizations through change and enhancing business performance. For almost two decades, Estis has helped companies connect with employees and customers as an ad agency executive and Fortune 500 Chief Strategy Office...
LILIN has been dedicated to the cybersecurity industry for more than 40 years, leading the smart application market to leap forward again. LILIN recently released 6 series 4/8/16 channel, HD analog, and IP camera hybrid DVR, providing high-resolution, high-quality, security-enhanced DVR video recorders for home, banking, and retail industries. In addition to using the LILINHome App for remote home use, it can also be used with LILIN NCC 3.0 for remote branch and image management LILINHom...
Artificial Intelligence Technology Solutions, Inc. has announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has released a new member of its popular ROSA product family, ROSA270. ROSA270 security solution This new solution, shipping in June 2021, adds an entirely new dimension to autonomous video surveillance and response - literally, a new dimension of an additional 90° viewing area via one additional camera. There are a total of three cameras on ROSA270, each...
Following a decision of its Board, Euralarm has welcomed its newest member Viking, a dependable partner in fire protection with almost 100 years of experience. The company will join the Extinguishing Section of Euralarm. The Extinguishing Section represents the active fire extinguishing sector and covers existing, new, and emerging technologies, covering automatic extinguishing systems using gas, water, foam, powder and aerosols, oxygen reduction systems, portable equipment, and other manual me...
LILIN has been actively optimizing customer experience in recent years and is committed to upgrading the VMS system. LILIN released Navigator Control Center 3.0 (NCC 3.0) video management software, dedicated to managing tens of thousands of cameras. Through NCC 3.0 management system, it integrates NVR/DVP, IP cameras, TV wall, facial recognition system, Pos system, and license plate recognition system, which is convenient uses for one-stop central management. NCC 3.0 video management software...
Resideo Technologies, Inc., a global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, announces it has acquired privately held Shoreview Distribution (‘Shoreview’), based in Foxboro, Massachusetts. Shoreview was founded in 1989 and is a distributor of professional audio, video, lighting, display and broadcast equipment. With warehouse locations on the east and west coasts, Shoreview serves customers acr...
Valsoft Corporation (Valsoft), a Canadian company that specializes in the acquisition and development of vertical market software businesses, is pleased to announce the successful acquisition of ScholarChip (ScholarChip Card LLC), a global provider of identity management, visitor management and behavioral software for the K-12 vertical. Acquisition of ScholarChip ScholarChip was founded in 2003, by Dr. Maged Atiya and his wife, Monica Sibillia Atiya, with a mission to help make schools safer,...
STOPware, Inc. has announced that it has received LenelS2 factory certification and joined the LenelS2 OpenAccess Alliance Program (OAAP). STOPware’s Visitor Management System interfaces with the OnGuard access control system, thereby allowing STOPware features to be leveraged by OnGuard system users. Seamless access control “STOPware has completed required factory testing at LenelS2 to validate the functionality of its interface to the OnGuard system. The integration o...
