Mergers & Acquisitions - News
Quanergy Solutions, Inc., continues to gain momentum since reformulating its business operations to focus exclusively on physical security and business intelligence applications. Quanergy’s groundbreaking 3D LiDAR (Light Detection and Ranging) solutions provide users with real-time data to detect potential threats and abnormalities for immediate remediation with unparalleled levels of precision and range in virtually any environment or operating conditions. Accelerate Quanergy&rsquo...
Barracuda Networks, Inc., a trusted partner and major provider of cloud-first security solutions, announced that Neal Bradbury has been elevated to the role of Chief Product Officer. In this new role, Neal will lead a unified product, engineering, and advanced technology team to steer the vision for Barracuda’s comprehensive cybersecurity platform and drive customer-centric innovation across the entire portfolio. The platform is designed to protect customers across all attack surfaces inc...
i-PRO Co., Ltd. (formerly Panasonic Security), a global pioneer in professional security solutions for surveillance and public safety announced that it has appointed Gerard Figols as the company's Chief Product Officer (CPO). With a career spanning over 17 years in the physical security industry, Figols brings a wealth of global experience and strategic vision to his new role. Experience and responsibilities In his most recent position as President of i-PRO EMEA and i-PRO APAC, Figols demonst...
The PSA Network, the world’s largest consortium of professional systems integrators announced the lineup of sponsors for PSA TEC 2024 (TEC) in Dallas, Texas, May 13-17. PSA TEC 2024 "PSA TEC 2024 will again be the most powerful event for security integrators, and we have an incredible group of technology partner sponsors that enable PSA to exceed expectations in delivering high-quality educational offerings, networking, and exclusive engagement with prominent industry pioneers...
In an awards ceremony held at California State University, Fullerton, Allied Universal® Global Chairman and CEO Steve Jones received the 2024 Excellence in Executive Leadership Award from the university’s Giles-O’Malley Centre for Leadership. “I am honoured to be recognised for the innovative strategies Allied Universal has implemented to further the security industry,” Jones said. “Leadership and innovation have always held a steadfast pla...
G2E Asia, the pioneering gaming and entertainment marketplace in Asia, proudly announces its return to Macau on June 4-6, 2024, marking its 15th anniversary milestone. In collaboration with the Asian IR Expo, this year’s event is set to deliver an enhanced experience in all aspects of the expo, with 360-degree opportunities across the gaming, entertainment, and integrated resort industries. Aligned with the industry’s growing focus on technology, G2E Asia’s 15th edition will u...
Drata, the pioneering compliance automation platform, announced that it has acquired oak9, a cloud-native security platform, and released a new capability in beta to seamlessly bring continuous compliance into the software development lifecycle. The acquisition positions Drata as the only platform of its kind that monitors compliance both before and after code is deployed to production. This capability, called Compliance as Code, will be demonstrated at RSA, May 6-9 in San Francisco. Cloud-nat...
Gunnebo Entrance Control has announced its acquisition of DG Concept and Diadem, a French entrance control, design, installation, and service specialist, marking a significant step in reinforcing its commitment to providing innovative solutions and exceptional service to global clients. DG Concept and Diadem is a family-owned business servicing the French market, with a team committed to delivering high-quality service solutions tailored to the unique needs of its clients. Service expansion G...
BCD, a major global provider of IP video data infrastructure solutions, is pleased to announce the appointment of Joshua Basgall as its new Vice President of Sales. BCD is thrilled to welcome Joshua aboard to lead their sales team and drive strategic initiatives to accelerate growth and expand BCD’s market reach. Extensive industry experience With nearly 10 years of experience in the security industry, Joshua has a proven track record of success With nearly 10 years of experience in th...
Global technology solutions provider - Arrow Electronics, Inc. (ARW) announced that Broadcom selected it as the sole provider for its CloudHealth from VMware offering. CloudHealth is designed to help businesses simplify financial management and operations (FinOps) across multi-cloud environments effectively. Arrow Electronics and Broadcom partnership “Arrow is pleased to build upon our strategic relationship with Broadcom by becoming the exclusive provider of the CloudHealth offering,&r...
Astute Financial Consulting, LLC, a major provider of accounting and business management solutions for security companies using SedonaOffice and FieldHub enterprise software, has named Amy Becker as President. Amy Becker Amy Becker’s promotion was announced by Jim Lee, Founder of Astute, who will remain with the company in the role of CEO. Ms. Becker joined Astute in April 2023, as Senior Vice President after working for over 25 years within the alarm industry in CFO and Controlle...
Technology company Insta and the Finnish Defence Forces have agreed on the three-year acquisition package related to Finland's F-35 fighter program. The acquisition is based on the strategic partnership agreement between the Finnish Defence Forces and Insta and covers the years 2024–2026. The acquisition covers, among other things, building maintenance and service capabilities for the avionics of the Finnish Air Force’s Lockheed Martin F-35 Lightning II multi-role fighters...
In an industry breakthrough that will pave the way for quantum computing advancements for Internet of Things (IoT) devices, Telefónica, IDEMIA Secure Transactions (IST) and Quside announce the launch of Quantum-Safe connection for industrial IoT devices. This project is part of a long-term collaboration between Telefónica and IDEMIA Secure Transactions, which has already announced some significant milestones, such as the deployment of the world’s first quantum-safe 5G SIM ca...
CERTEGO and Dallmeier are announcing a strategic partnership in the Nordics, aimed at offering strong CCTV solutions to customers in Sweden, Finland, Norway and Denmark based on the innovative technologies from Regensburg and the strong branch network of the CERTEGO Group. CERTEGO recently announced an acquisition of Scanview in Denmark. During the last 20 years, Scanview has successfully developed its partnership with Dallmeier to deliver premium solutions in CCTV to many prestigious customers...
Vitaprotech, the European security solutions group, has announced the appointment of Delphine Guerrier as CEO for the EMEA region (Europe, Middle East, and Africa). With many years’ experience in the general management of major international groups in the security industry, Delphine Guerrier brings to Vitaprotech significant expertise and a strategic vision to propel the group towards new challenges. Delphine's responsibilities Her appointment follows the recent signing of an acquisitio...
Scribe Minds & Media is thrilled to announce the 6th Middle East Retail & Commerce Summit & Awards, scheduled on the 1st of May 2024 at the Riyadh Marriott Hotel in Riyadh KSA. This one-day Summit promises to bring together industry thought pioneers, innovators, and experts to explore the latest trends, challenges, and opportunities shaping the retail and e-commerce landscape. Retail & e-commerce sector The event stands as a testament to the commitment to the development...
Siemens Smart Infrastructure has expanded its Siemens Xcelerator partner ecosystem to include the TESSA® APM suite of transformer and switchgear condition monitoring and management applications from Maschinenfabrik Reinhausen. This addition marks a significant advancement in providing comprehensive solutions for grid management, empowering utilities with unparalleled visibility and condition monitoring of their asset fleets. Siemens Xcelerator portfolio Switchgear and transformer monitori...
Secutech 2024 opens this week as demand for solutions and advanced products in the security, smart building, fire safety and mobility sectors continue to grow. The prominent platform is the to-go event for industry professionals to think beyond security and discover innovations serving different vertical markets. From 24 to 26 April 2024, 300 exhibitors from 13 countries and regions including Australia, China, Germany, Italy, Japan, Korea, Luxembourg, Norway, Singapore, Switzerland, Taiwan, the...
Security is in high demand. In times of growing uncertainty, the need for armoured and civilian special protection vehicles is rising. More and more individuals, professionally, politically, or economically prominent, seek protection while on the move. Security Essen, the pioneering trade fair for security, will showcase the options and discreet nature of this protection from September 17th to 20th at Messe Essen/Germany, featuring its own exhibition area. The concept has garnered significant i...
As a testament to its Open-Platform approach, System Surveyor announced affiliate partnerships with three new manufacturers: Eagle Eye, Raytec, and Avycon. With the addition of these video surveillance and lighting solutions to the System Surveyor Manufacturer Partner programme, System Surveyor users have access to a more robust and diverse catalogue of products and accessories for streamlined site surveys, system design, and bill of materials automation for more efficient physical securi...
Hexagon's Manufacturing Intelligence division has announced the launch of PRESTO System – an innovative modular suite of automated robotic inspection cells revolutionising the landscape of 3D measurement for automotive and aerospace manufacturing. PRESTO System builds on the foundation of its turnkey PRESTO quality inspection cell to provide manufacturers a future-proof system that sets a new standard for scalable, versatile, and seamlessly integrated automated quality inspection. Integr...
Zitko Group, a pioneering provider of talent solutions in the fire and security sector, is delighted to announce its expansion into Ireland, marking a significant milestone in the company's strategic growth initiatives. Industry-led and in line with increasing demand in the region, Zitko Group (Ireland) Ltd is ready to bring expertise and innovative solutions to new and existing clients and partners across Ireland. Zitko overarching mission Aaron joined the business in 2023 and has already es...
ISC West 2024, held in Las Vegas, marked a significant milestone for PureTech Systems as it announced reseller agreements with two major companies in the security industry, i-PRO and Magos. This strategic move not only expands PureTech Systems’ portfolio but also reinforces its commitment to provide the most comprehensive, easy-to-integrate, and reliable AI-boosted, geospatial video analytics and sensor fusion software solution for perimeter protection. With these initiatives, PureTech Sy...
HID, the pioneer in trusted identity solutions, announces it has been positioned by Gartner® as a Pioneer in its 2024 Magic Quadrant for Indoor Location Services. The evaluation was based on specific criteria that analysed the company’s overall completeness of vision and ability to execute. HID’s recent acquisitions of GuardRFID and Connexient have bolstered its location services portfolio, offering a more robust and complete solution. Strategic approach "We are thri...
Genetec Inc., a pioneering technology provider of unified security, public safety, operations, and business intelligence solutions, announces its plans for The Security Event, taking place at the NEC arena in Birmingham, from 30 April to 2 May 2024. Visitors will have the opportunity to visit Genetec at booth #5/H45 for an exclusive unveiling of Security Centre SaaS, its new enterprise-grade, physical security as a service solution. It combines access control, video management, forensic search,...
Resideo Technologies, Inc., a manufacturer and distributor of technology-driven products and solutions, and Snap One Holdings Corp., a provider of smart-living products, services, and software to professional integrators announced a definitive agreement under which Resideo has agreed to acquire Snap One for $10.75 per share in cash, for a transaction value of approximately $1.4 billion, inclusive of net debt. Upon closing, Snap One will integrate into Resideo's ADI Global Distribution business....
RiverSafe, a pioneering cybersecurity professional services provider, has partnered with Cribl, the Data Engine for IT and Security. This new partnership is set to transform the data capabilities available to RiverSafe's clients, empowering organisations to analyse, collect, process, and route all IT and security data from any source or in any destination. As data continues to grow at a 28 percent compound annual growth rate, Cribl's product suite, including the industry's pioneering observabil...
Allied Universal®, the world’s pioneering security and facility services provider, announced that Deanna Steele has joined the company as chief information officer for North America. Steele will provide visionary leadership and hands-on management of IT initiatives, creating substantial business value. In the role, she will focus on delivering exceptional customer experiences, supporting growth, integrating acquisitions and optimising artificial intelligence across the company’s...
Arrow Electronics is providing Copilot for Microsoft 365 via ArrowSphere Cloud, making it readily available to channel partners in EMEA. It is also delivering a dedicated program of enablement designed to help resellers accelerate the opportunity with Copilot. Launched in the Microsoft Cloud Solution Provider (CSP) program in January, Copilot for Microsoft 365 uses the power of generative AI and natural language processing to boost user productivity and creativity. Importance of data sec...
In a collaborative move with the W3C Consortium, Siemens and Microsoft have announced their commitment to converge the Digital Twin Definition Language (DTDL) with the Thing Description standard from the international standards organisation, W3C. Customers are offered consistent modeling experiences by unifying both languages, mitigating fragmentation in an evolving IoT landscape. With customers typically deploying a mix of vendors in their infrastructure leading to lock-in and high integration...
