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Matrix Comsec wins best manufacturing SME award

Matrix Comsec, a technology company delivering enterprise-grade solutions in security and telecommunications, has been recognised among Gujarat's Top 50 SMEs and named a winner in the Best Manufacturing SMEs category at the inaugural Top 50 SME Awards - Gujarat, an initiative of Axis Bank and India SME Forum. For Matrix, the recognition is not the culmination of a single initiative. It acknowledges an operating philosophy built over time: create original technology, retain ownership across the product journey and turn engineering intent into dependable products through disciplined manufacturing. Purpose-built solutions At the centre of this approach is an integrated product-development ecosystem. Hardware, software, firmware, mechanical engineering, certification and manufacturing operate as connected capabilities. This alignment gives Matrix control over how an idea is designed, validated, produced and supported, while helping it address real customer requirements with purpose-built solutions. Matrix builds quality into every stage—from selecting materials and manufacturing products to testing, delivery and product performance. Clear processes, regular reviews and smart automation help teams identify issues early, maintain consistency and work more efficiently. This enables Matrix to grow without compromising speed, reliability or quality. The same approach continues beyond the factory. Matrix brings together its research, manufacturing, sales and business partners to understand customer needs, deliver projects smoothly and support long-term success. This connected way of working creates lasting value for customers, partners and the industry as a whole. Multi-stage evaluation “At Matrix, world-class products are built through original engineering, disciplined manufacturing, measurable quality and shared accountability. Our strength comes from the systems we have established, the principles we consistently follow and the people who bring them to life every day. Being recognised among Gujarat’s Top 50 SMEs is a valued acknowledgement of this collective effort and an important milestone in our continuing journey to innovate, improve and set higher standards,” said Ganesh Jivani, CEO & MD, Matrix Comsec. Matrix earned its place among Gujarat’s Top 50 SMEs through a rigorous, multi-stage evaluation conducted by an independent jury of distinguished business leaders and industry experts. This recognition marks another significant milestone in Matrix’s journey of creating globally relevant technology from India—driven by original thinking, consistent execution and an enduring commitment to Expect More.

Matrix & Yotta: AI-powered surveillance partnership

Matrix Comsec, a foremost provider of enterprise security and surveillance solutions, announced a technology partnership with Yotta Data Services, integrating its SATATYA IP Video Surveillance portfolio with Yotta’s Drishticam AI Powered Cloud Native Video Surveillance as a Service(VSaaS). The integration enables organisations to transform conventional video surveillance into a centralised, cloud-managed, AI-powered security ecosystem that simplifies operations across distributed enterprise environments. Matrix–Yotta integration As organisations continue expanding across multiple locations, security teams are increasingly looking beyond traditional on-premise surveillance systems toward cloud-native platforms that offer centralised visibility, remote accessibility, intelligent automation, and greater operational flexibility. The Matrix–Yotta integration brings together Matrix's enterprise-grade IP cameras and Drishticam's cloud-native Intelligent Video Management Platform (VMS) to deliver a comprehensive, future-ready, indigenous sovereign surveillance solution.  By combining trusted hardware with an intelligent cloud platform, this partnership empowers enterprises and government organisations to modernise their surveillance infrastructure, streamline security operations, and accelerate their digital transformation through a secure, scalable, and AI-driven video management ecosystem.  Matrix SATATYA IP Cameras Built on ONVIF standards, Matrix SATATYA IP Cameras seamlessly integrate with the Yotta Drishticam Cloud AI-Powered Intelligent Video Management Platform, allowing organisations to securely stream video to the cloud while managing geographically dispersed sites through a unified interface. The integrated solution delivers centralised device management, AI-powered video analytics, encrypted cloud recording, real-time event monitoring, and secure remote access—helping organisations respond faster to incidents while improving operational efficiency. Integrated solutions Key capabilities of the integrated solution include: Simplified Deployment: Automatic discovery and onboarding of Matrix IP Cameras using ONVIF standards for faster implementation. Centralised Cloud Management: Unified device registration, health monitoring, lifecycle management, and configuration across multiple locations. AI-Powered Video Intelligence: Advanced analytics including intrusion detection, human and vehicle classification, loitering, line crossing, crowd density, object left/removed detection, fire and smoke detection, PPE compliance, and Automatic Number Plate Recognition (ANPR), etc. Intelligent Event Management: Correlates AI-generated events with live video, recordings, snapshots, and alerts for faster investigation and incident response. Secure Cloud Operations: Encrypted cloud recording with configurable retention policies, remote access to live and recorded video, and intelligent real-time notifications across multiple communication channels. The solution is designed for organisations operating across distributed environments—including corporate campuses, manufacturing facilities, logistics and warehousing, commercial buildings, retail chains, healthcare institutions, educational campuses, critical infrastructure, and smart city projects—where centralised security operations and scalable cloud infrastructure are becoming increasingly important. Authority comments "Enterprise security is rapidly evolving from hardware-centric deployments to intelligent, cloud-managed ecosystems. Organisations today need surveillance solutions that are scalable, easy to manage, and capable of delivering actionable intelligence across geographically distributed operations. Through our integration with Yotta Drishticam, we are combining Matrix's enterprise-grade surveillance technology with cloud-native video management and AI-driven intelligence to help customers build more connected, efficient, and future-ready security operations." Tarun Sharma, Senior Vice President – Marketing, Matrix Comsec. "At Yotta, our vision is to make enterprise video surveillance more intelligent, accessible, and scalable through cloud innovation. Matrix's proven enterprise-grade IP surveillance camera portfolio complements Yotta Drishticam's cloud-native architecture, enabling organisations to deploy secure, AI-powered surveillance solutions that improve operational visibility while simplifying infrastructure management." Sashishekar Panda - Executive Vice President, Business Head, Cloud and Media Services, Yotta Data Services. Partnership benefits The partnership reflects the growing industry shift toward open, interoperable, and transformational  AI-driven security ecosystems, where enterprise-grade devices, cloud-native platforms, and intelligent analytics work together to deliver greater scalability, operational visibility, and faster decision-making. By combining trusted surveillance hardware with advanced cloud capabilities, Matrix and Yotta are enabling organisations to confidently accelerate their transition toward modern, cloud-enabled security.

Matrix Comsec's Ganesh Jivani wins entrepreneur award

Ganesh Jivani, CEO and MD, Matrix Comsec, has been honoured with the Entrepreneur of the Year award at the 13th edition of the ET Now Leaders of Tomorrow Awards 2026, held at Hotel Sahara Star, Vile Parle, Mumbai, on March 6, 2026. Organised by ET Now, part of the Times Network, the Leaders of Tomorrow platform is among India’s most influential initiatives dedicated to recognising and empowering high-growth MSMEs and emerging entrepreneurs. Over the years, the platform has evolved into a premier national initiative that highlights businesses and leaders demonstrating innovation, resilience, and scalable growth in India’s rapidly evolving economy. Recognising leaders shaping the future The ET Now Leaders of Tomorrow Awards recognise enterprises and leaders who are shaping the future of Indian industry through strong business models, technological advancement, and impactful leadership. Winners are selected through a rigorous nationwide screening process and evaluated by an eminent jury panel, with the process audited by Ernst & Young (EY), ensuring the highest standards of transparency and credibility. At the 2026 edition of the awards, Mr. Jivani was honoured with the Entrepreneur of the Year award, recognising his leadership in driving innovation-led manufacturing and technology-driven growth at Matrix Comsec. Accreditation of innovation and design Speaking on the Occasion, Ganesh Jivani, CEO & MD, Matrix, said, “It is indeed an honour to win this prestigious award, and I extend my gratitude to Times Network for this recognition. Innovation really has been the DNA of Matrix right from its inception.  I thank our technology and product management teams for their dedication to building innovative and world-class quality solutions. Matrix offers cutting-edge physical Security and Telecom solutions in more than 50 countries, including many first-world technologically advanced nations." "With 300+ R&D engineers and world-class processes and infrastructure, Matrix is committed to innovating and designing cutting-edge, high-performance products. This accreditation is a validation of Matrix's innovation and design capabilities and will go a long way in motivating us towards building world-class solutions.” Bringing the industry leaders together The ET Now Leaders of Tomorrow ecosystem continues to play a vital role in spotlighting India’s entrepreneurial growth story by bringing together innovators, investors, policymakers, and industry leaders on a single platform. By recognising high-impact enterprises across diverse sectors, the initiative reinforces the importance of MSMEs in shaping India’s economic future and global competitiveness.

Insights & Opinions from thought leaders at Matrix Comsec

M&A in 2021: Plenty of deals despite lingering industry challenges

Mergers and acquisitions are among the most disruptive forces in the security marketplace. However, they are also both a reality and a growing trend. Whenever there is value to be leveraged, companies tend to enter into business transactions to maximise that value. For the security industry, the result is a continually shifting collection of manufacturer companies seeking new ways to provide value to customers. M&A activity continued unabated in 2021, despite residual industry challenges such as dysfunctional supply chains and lingering consequences of a global pandemic. Here are some of the larger and/or most impactful M&A transactions of 2021. Stanley Black & Decker sells to Securitas Stanley Black & Decker announces an agreement to sell most of its Security assets to Securitas AB for $3.2 billion in cash. The transaction includes Stanley Black & Decker's Commercial Electronic and Healthcare Security business lines.  The businesses carry 2021 forecasted revenues of approximately $1.7 billion. “The business is well-positioned for ongoing growth within Securitas, a global pioneer in the security industry,” says James M. Loree, Stanley Black & Decker's CEO. Openpath’s solution makes businesses more secure with multi-factor authentication Motorola acquires Openpath and Envysion Motorola Solutions adds to its security industry portfolio with the acquisition of Openpath Security Inc., a cloud-based mobile access control provider. Openpath’s solution makes businesses more secure with multi-factor authentication, enables a contactless entry experience, and can be easily scaled and managed due to its cloud-based architecture. Motorola also announces the acquisition of Envysion, a provider of video security and business analytics solutions for quick-service restaurant and retail industries. Delta Electronics buys March Networks Delta Group, a provider of power and thermal management solutions, , purchased 100% of the shares in Infinova (Canada) Ltd., owner of Canadian-based video surveillance and business intelligence company March Networks, from Infinova International Ltd. through its subsidiary Delta International Holding Limited B.V. Following the close of the transaction, it was expected that March Networks will continue to operate from its Canadian headquarters, and the March Networks executive management team will continue to lead the organization. Delta Electronics is also the parent company of VIVOTEK. APi Group acquires Chubb Fire and Security Business APi Group Corp. agreed to acquire the Chubb Fire & Security Business from Carrier Global Corporation for an enterprise value of US$ 3.1 billion. Headquartered in the United Kingdom, Chubb has approximately 13,000 employees globally and a sales and service network that spans 17 countries, serving more than 1.5 million customer sites in Europe, Asia Pacific, and Canada. APi Group is a business services provider of safety, specialty, and industrial services in more than 200 locations worldwide. Teledyne Technologies Inc. will acquire FLIR in a cash and stock transaction valued at approximately $8.0 billion Teledyne acquires FLIR Teledyne Technologies Inc. and FLIR Systems, Inc. jointly announced that they have entered into a definitive agreement under which Teledyne will acquire FLIR in a cash and stock transaction valued at approximately $8.0 billion. Jim Cannon, President and Chief Executive Officer of FLIR, said, “We could not be more excited to join forces with Teledyne through this value-creating transaction.” Resideo adds Norfolk Wire and Electronics Resideo Technologies, Inc. acquired privately held Norfolk Wire & Electronics, based in Richmond, Virginia. Norfolk was founded in 1985 and is a regional distributor of security, telecom, network, and audio-video (AV) related products, supplies, and tools. With 11 full-service retail locations and a 43,000 sq. ft. distribution centre, Norfolk serves customers across the mid-Atlantic region and will be part of Resideo's ADI Global Distribution business, a wholesale distributor of security, AV, and low-voltage products. Triton acquires ACRE, which acquires Feenics and Matrix Triton Partners acquired ACRE, an end-to-end security solutions provider based in Dallas/USA and Dublin/Ireland. Triton is investing alongside the current management team of ACRE. Weeks later, ACRE acquired cloud-based workplace solutions company Time Data Security (TDS). Later in the year, ACRE announced acquisition of Feenics and Matrix Systems. Feenics brings cloud-based access control solutions brings cloud-based access control solutions to ACRE’s rapidly growing network of global customers while also expanding its portfolio to support the growing demand for cloud-based security solutions. Matrix enables ACRE to expand the addressable market for the company’s technology portfolio. Brivo, Inc. and Crown PropTech Acquisitions have entered into an agreement making Brivo a publicly listed company Brivo becomes publicly traded through the merger Brivo, Inc., a cloud-based access control and smart building technologies company, and Crown PropTech Acquisitions, a publicly traded special purpose acquisition company (SPAC), 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 common stock is expected to be listed under the ticker symbol “BRVS.” Nice buys Nortek Security Nice, a global manufacturer of smart home, security, home, and building automation solutions, , acquired Nortek Security & Control from Melrose Industries. Nortek Security & Control is a 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. Eagle Eye acquires Uncanny Vision Eagle Eye Networks, a cloud video surveillance solutions company, has acquired Uncanny Vision Solutions, an artificial intelligence (AI) analytics and Solutions Company. The acquisition accelerates the company’s leadership in providing AI and analytics, to make customers’ businesses more efficient and the world a safer place. The acquisition also includes research and development (R&D) capabilities and a new regional office located in Bangalore, India.