Search Results for: acquire

Quantum to Acquire Pivot3 Video Surveillance Portfolio/Assets

Quantum Corporation announced an agreement to acquire the video surveillance portfolio and assets of Pivot3. The acquisition brings a diverse portfolio of video surveillance appliances, network video recorders, and management applications along with a scale-out hyperconverged software platform, which going forward will all be offered under the Quantum VS-Series product portfolio. TThe Pivot3 additions round out a comprehensive surveillance and security portfolio, spanning small to multi-petabyte deployments.

Relativity Acquires Text IQ

Text IQ leverages the latest in unsupervised ML, graphical modeling, social network analysis, NLP and deep learning to create AI solutions for the world’s largest enterprises to manage and mitigate risks in enterprise data. Text IQ’s AI helps to lower the cost and risk of legal privilege review, speed up and increase the accuracy of data breach response workflows, and quickly identify and manage personally identifiable information (PII) which are often associated with GDPR and Data Subject Access Requests.

ACRE acquires Dublin, Ireland based TDS (Time Data Security)

ACRE announced the acquisition of TDS based in Dublin, Ireland. This purchase will enhance ACRE’s strategic expansion plans for strengthening the product portfolio and geography in the UK and Europe and bringing new cloud-based visitor management and access control products to North America. This is ACRE’s first acquisition since being acquired March 11 by Triton Partners. TDS provides cloud-based workspace solutions that will complement the existing ACRE portfolio.

ADT Commercial Acquires SAFE Electronics, Inc.

ADT Commercial continues its strategic M&A strategy to expand its nationwide geographic footprint with announcement that it has purchased SAFE Electronics, Inc., based out of Las Vegas, NV. The acquisition comes just a month after ADT Commercial purchased the assets and customer agreements of Atlanta-based Ackerman Security Systems’ commercial sales and service division. SAFE Electronics has been a family-owned and operated low-voltage systems integrator, helping to protect people and property across the state of Nevada.

Allied Universal Acquires Security Integration, Inc.

Allied Universal announced the acquisition of Security Integration, Inc., a security systems company based in San Rafael, Calif. Terms of the deal were not disclosed. Security Integration, Inc. provides innovative electronic security solutions to help solve complex security challenges for a wide variety of customers across northern California.

SenSen Networks Limited Acquires Snap Network Surveillance

Two Australian AI Companies Join Forces to Accelerate Growth in North America. Snap Network Surveillance Pty Ltd of Adelaide, Australia, the developer of Force Multiplier, an AI-enabled multi-camera tracking solution, has sold the assets of the company to SenSen Networks Limited (ASX: SNS, “SenSen;” OTCQB: SNNSF) of Sydney, Australia, with equity priced at A$1,000,000.

HelpSystems Acquires Digital Defense to Enhance Cybersecurity Portfolio

Digital Defense’s cloud-native vulnerability scanning engine gives organizations in healthcare, legal, financial services, and other industries the ability to proactively detect infrastructure security gaps and take effective remediation steps to safeguard against internal and external cyber threats. As part of HelpSystems’ cybersecurity portfolio, Digital Defense joins Core Security and Cobalt Strike to establish a comprehensive, best-in-class security assessment toolkit.

Deloitte Acquires R9B to Bolster Cyber Threat Hunting Capabilities for Clients

Deloitte & Touche LLP announced its acquisition of substantially all the assets of Root9B, LLC (R9B), a leading provider of advanced cyber threat hunting services and solutions. The deal will bolster Deloitte’s existing Detect and Respond cyber client offering with R9B’s deeply experienced cyber operations professionals and its award-winning threat-hunting and risk assessment solutions. R9B also offers tech-enabled vulnerability assessment and penetration testing, defense forensics and incident response.

Allied Universal Acquires Atlanta-Based SecurAmerica

Allied Universal announced the acquisition of SecurAmerica a privately held, Atlanta, Georgia-based security company with 49 offices located throughout the United States. Terms of the deal were not disclosed. SecurAmerica was founded by Frank Argenbright, a Georgia entrepreneur who, over the past 40 years, has built both security and facilities management companies with operations around the world, beginning with Argenbright Security in 1979.

Teledyne to Acquire FLIR Systems

As part of the transaction, Teledyne has arranged a $4.5 billion 364-day credit commitment to fund the transaction and refinance certain existing debt. Teledyne expects to fund the transaction with permanent financing prior to closing. Net leverage at closing is expected to be approximately 4.0x adjusted pro forma EBITDA with leverage declining to less than 3.0x by the end of 2022. Teledyne expects the acquisition to be immediately accretive to earnings.

ADT Commercial Acquires CLS Technology Inc.

ADT Commercial announces that it has purchased premier fire, life safety and security provider and integrator, CLS Technology, Inc., based out of Katy, TX. The purchase of CLS Technology further deepens ADT Commercial’s capabilities to serve mid-market, national and large-scale commercial customers in the Houston, TX area. This marks the organization’s 24th acquisition.
CLS Technology, Inc. has been a high-quality commercial integrator serving the metropolitan Houston area.

Acronis Acquires CyberLynx, Enhances Cyber Protection Portfolio

Acronis announced the acquisition of CyberLynx, a leading Israel-based cybersecurity consultancy firm with a presence in the U.K., Switzerland, and Luxembourg. This acquisition marks Acronis’ third in the past year, which continues the company’s accelerated growth plan. As a premier provider of security audits, penetration testing, and proprietary training solutions, CyberLynx enjoys a global customer presence built on cutting-edge technical expertise.

ADT Commercial Acquires Deterrent Technologies, Inc.

ADT Commercial continues its strategic M&A strategy, expanding its nationwide geographic footprint and deepening its capabilities to serve mid-market, national and large-scale commercial customers in New York and New Jersey with the announcement it has purchased Deterrent Technologies, Inc., based out of Ocean, NJ. Established in 1982 by David and Carol Hersh, Deterrent Technologies, Inc. has been a premier leader in designing, installing and servicing comprehensive physical security and life safety systems.

ACRE Acquires Texas-based Razberi Technologies

ACRE announced the acquisition of Razberi Technologies based in Farmers Branch, Texas. This purchase will enhance ACRE’s strategic expansion plans for strengthening its video and communications business and product portfolio. ACRE will leverage the technology and expertise of Razberi beyond video across its access control brands for providing server builds, cybersecurity and system health monitoring.

SALTO Systems Acquires Gantner to Strengthen Access Control Solutions

SALTO is a manufacturer in electronic access control solutions. Having one of the broadest product portfolios in access control worldwide, SALTO can fulfil virtually every technical and functional requirement. Thus, access control solutions by SALTO can encompass almost every access point in a building and its perimeter. SALTO’s access control management software provides an intuitive user-centered software interface that makes it simple and secure to incorporate access control.

Allied Universal Acquires Top Security and Technology Integrator, Service Works Inc.

Allied Universal announced the acquisition of New Jersey-based Service Works Inc. (SWI) – security and IT infrastructure integrator in the tri-state area offering turnkey and custom solutions to clients nationwide. The terms of the deal were not disclosed. Headquartered in New Jersey with additional offices in Manhattan and Long Island, SWI provides end-to-end service, from design to maintenance, to clients in the commercial, education, industrial, healthcare, pharmaceutical, and government institutions across the United States.

HID Global Acquires Access-IS, a Leading Global Provider of Miniaturized Reader Devices

HID Global announced that it has acquired Access-IS, a leading technology provider of miniaturized reader devices that combine a number of key technologies ideal for mission-critical environments. Access-IS’s proven technology and solutions broaden HID Global’s technology portfolio, accelerate its vertical market expansion, and add new product offerings that help meet customers’ evolving needs for integrated, digitized solutions.

Johnson Controls Acquires Qolsys, Inc. to Capitalize on Emerging Technologies

Johnson Controls announced it has acquired the remaining stake of Qolsys, after owning a majority since 2014. Qolsys enhances Johnson Controls’ global innovation platform delivering next-generation security and smart building solutions. By applying data from both inside and outside buildings, Johnson Controls OpenBlue digital platforms empower customers to manage operations while delivering safety and security in dynamic and agile environments.

Motorola Solutions Acquires Global Video Security Solutions Provider Pelco for $110M in Cash

Motorola Solutions announced it has completed the acquisition of Pelco. Pelco designs develop and distribute end-to-end video technology, including video security cameras and video management system software. The company’s scalable solutions and commitment to service delivery enable customers of all sizes to mitigate risk, increase operational efficiencies, and enhance safety.

Allied Universal Expands Technology Services Division; Acquires Chicago-Based Phoenix Systems & Service

Allied Universal announced the acquisition of Phoenix Systems & Service, Inc. – a full service security systems integrator providing security solutions to customers in Chicago and across the nation. Terms of the deal were not disclosed. PSSI, with revenues exceeding $16 million and 35 employees, is known as one of the premiere integrators for Access Control, Digital Video, Optical Turnstiles, and Intercom systems in the nation.