Mergers & Acquisitions - News

Alertro Ltd., a global pioneer in Early Warning and Public Alerts Systems (PWS), is excited to announce the launch of its newest innovation, SMART Travel, designed to enhance traveller safety and security around the world. SMART Travel is a cutting-edge system offering real-time alerts, personalised warnings, and actionable guidance, ensuring that travellers stay informed and protected while on the move. Severity of critical events 2023 set a new record with a 66 billion-dollar cost due to n...

Sparsh CCTV, a pioneer in innovative security solutions, and Cron AI, a pioneer in deep learning-based 3D perception technology, are thrilled to announce a strategic partnership designed to redefine video surveillance, Intelligent Transportation Systems (ITS), and infrastructure automation. By integrating edge computing, LiDAR, 3D perception, and camera technologies, this collaboration aims to advance safety, efficiency, and automation in transportation hubs, smart cities, border security, mob...

NAKIVO, a pioneering provider of backup and disaster recovery solutions, proudly announces the release of NAKIVO Backup & Replication v11. This landmark release introduces the most extensive set of features to date. Designed to address modern data protection needs, v11 introduces capabilities that improve backup flexibility, security, and usability. Agentless backup for Proxmox VE Proxmox VE has become a mainstream virtualisation solution, offering the flexibility, scalability, and afford...

Texecom, a pioneer in innovative professional security solutions, is pleased to announce the appointment of David Mountfield as Chief Executive Officer, effective 1st November 2024. With over two years of dedicated service as Chief Revenue Officer, David has demonstrated exceptional leadership and a strong vision for Texecom’s future. His experience in strategic development and commitment to quality aligns seamlessly with the company’s core values. Innovate and deliver solutio...

Lloyd’s List has been the trusted source for news and intelligence about the global shipping industry for nearly 300 years. Now its award-winning journalism and expert analysis are available instantly, anywhere, with the launch of the new Lloyd’s List App.  Available on the App Store for iOS users and Google Play store for Android devices, the new Lloyd’s List App has a suite of customisable features to keep users connected to the trends, issues and events that matter in...

As of November 1, 2024, Hendrik Rawe (34) has assumed the position of head of the “INTERSCHUTZ, LIGNA, parts2clean, and SurfaceTechnology GERMANY” department within the “Trade Fair & Product Management” division at Deutsche Messe. He reports to Arno Reich, Senior Vice President of the “Trade Fair & Product Management” division at Deutsche Messe. The individual trade fair project managers, and thus the technical leadership of the teams, remain with the...

ARuVR, a multi-award winning AI-powered Extended Reality (XR) and Spatial Computing learning omni-platform, is delighted to announce its strategic partnership with VR Expert, a pioneering provider of VR and AR hardware and services in Europe. This collaboration will bring enhanced XR (Extended Reality) tools and solutions to enterprises, enabling businesses to unlock the full potential of virtual reality (VR) in their training, education, and development programmes. ARuVR's learning platform...

Silicon Valley Bank (SVB), a division of First Citizens Bank announced it has provided a $50 million growth capital facility to Bugcrowd, a provider of crowdsourced cybersecurity solutions. Bugcrowd brings the collective ingenuity of organisations and hackers to mitigate vulnerabilities across all applications, systems, and infrastructure. Provided by SVB’s Enterprise Software Group, the new financing will further scale Bugcrowd’s AI-powered platform globally, fund continued in...

Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. reveals the core specifications for its highly anticipated next-generation wheeled robot, ROAMEO™ Generation 4 (Gen 4). After years of development, this mobile robot is scheduled for customer demonstrations beginning in March 2025. This next-generation autonomous security robot is poised to finally fill a long-needed solution in the security and facility management industries: a...

Proofpoint Inc., a cybersecurity and compliance company announced it has entered into a definitive agreement to acquire Normalyze, a Data Security Posture Management (DSPM). The acquisition is expected to close in November 2024, subject to customary closing conditions. With this acquisition, Proofpoint will further enhance its human-centric security platform with Normalyze’s AI-powered DSPM technology, allowing organisations to discover, classify and protect data at sc...

Securitas Technology, a global pioneer in security solutions integration and alarm monitoring, was recently awarded the 2024 National System Integrator of the Year by Axis Communications at its 19th annual Axis Connect and Converge Conference (ACCC) held in Nashville, TN.  The company was recognised for its innovative solutions and dedication to meeting its clients’ needs. Securitas Technology is known for creating client-centric solutions and has successfully integrated cutting...

Precisely, the global pioneer in data integrity, announced it has been named a Leader in the first-ever Aspire Leaderboard for Interaction Experience Management (IXM). This is the fifth time Precisely has been named a Leader in Aspire Leaderboard categories across the customer communications management (CCM) and customer experience management (CXM) landscape. New IXM category Aspire made the new IXM type to reflect the growth of capturing and validating customer data The customer e...

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, announced the launch of the Finacle Data and AI Suite, a set of solutions to empower banks to infuse AI into their digital operations and accelerate their enterprise AI journey. The suite will offer a comprehensive set of platforms that enable banks to build low-code, predictive as well as generative AI solutions from the ground up with high transparency and explainability. It will help banks scale their...

Allied Universal®, a pioneering security and facility services company, proudly announces that its security professionals earned 31 of the 44 annual awards bestowed by California’s only industry association dedicated to advocating on behalf of the security industry. Each year, CALSAGA (California Association of Licenced Security Agencies, Guards and Associates) recognises security professionals who have demonstrated heroism by going above and beyond their expected duties. Top three a...

SAFR from RealNetworks, the world’s foremost AI computer vision platform for access control and security announced the appointment of Charisse Jacques as its new President. Jacques brings a wealth of experience in AI and associated technology to the security industry. Her leadership will drive SAFR’s mission of advancing security and operational efficiency in live video applications, security, authentication, and touchless access control. Access control solutions Rob Glaser,...

Cohesity, a pioneer in AI-powered data security announced the appointment of Vasu Murthy as SVP and Chief Product Officer. Vasu Murthy Murthy is a veteran with over 25 years of experience building enterprise software at scale. He has successfully led software launches at companies ranging from day-zero startups to large, global brands, with strengths in driving rapid growth and managing complex multi-product scaling efforts.  Murthy will bring this vast experience in data protection, sec...

MOBOTIX AG is pleased to announce that effective October 1st, Ashley Lim has assumed leadership of the MOBOTIX APAC team. Since January 2022, she has served as Regional Sales Manager for Asia, adeptly overseeing the company's operations in the region from Melbourne, Australia.  With the impending departure of Ryan Philp from MOBOTIX in November 2024, Ashley Lim will now extend her responsibilities to encompass the entire APAC region. Ashley's leadership "We extend our gratitude to Ryan f...

Alcatraz AI, a global pioneer in autonomous access control solutions, announced its partnership with Convergint, a global systems integrator focused on delivering results for customers through unparalleled service excellence. Alcatraz AI joins Convergint’s broad network of partners and integrators, amplifying the power of facial authentication to enterprise customers around the world. Overall user experience Convergint is a USD 2 billion global, industry-pioneering systems integrat...

Morse Watchmans, the industry pioneer in key control and asset management systems, is pleased to announce the appointment of Jordan Andrews as Sales Manager. Jordan Andrews will initially lead domestic sales operations and later expand his responsibilities to oversee the company's global sales efforts. Strengthening market presence "Jordan's appointment represents a significant step forward for Morse Watchmans," said Tim Purpura, Vice President of Global Sales and Marketing at Morse Watchmans...

Entrust, a global pioneer in trusted payments, identities, and data security, announced it has been positioned by Gartner in the Leaders’ Quadrant for the inaugural Gartner Magic Quadrant for Identity Verification (IDV). The Magic Quadrant evaluated vendors across the identity verification market and recognised Entrust as a Leader. This recognition comes after the acquisition of Onfido earlier this year.  Gartner Magic Quadrant The Gartner Magic Quadrant for IDV evaluates vend...

In response to significant international growth, barox Kommunikation AG, the global manufacturer of professional standard switches, PoE media converters and IP extenders, continue to reinforce their advanced technical development and global client support, with the appointment of Jeneeben Jesujeevagan, as Head of Engineering. Based from the company’s headquarters in Switzerland, Jeneeben will head the technical development of the barox range and champion the company’s technology par...

DigiCert, a pioneering global provider of digital trust, announced the appointment of Lakshmi Hanspal as Chief Trust Officer. Hanspal, a seasoned cybersecurity pioneer, will play a pivotal role in advancing DigiCert’s commitment to providing world-class digital trust solutions. Hanspal will be based in the company’s Sunnyvale office and report directly to DigiCert Chief Executive Officer Amit Sinha. She most recently served as Global Chief Information Security Officer for Amazon Dev...

Illumio Inc., the Zero Trust Segmentation (ZTS) company, announced it has achieved ISO/IEC 27001:2022 (ISO27001) certification. This certification represents Illumio’s continued commitment to meeting the highest levels of global security standards​. Certification was issued by Schellman Compliance LLC following an extensive audit of Illumio’s ZTS platform, which includes Illumio Core®, Illumio Endpoint, Illumio CloudSecure® and Illumio for Microsoft Azure Firewall. FedRAMP&...

Centrios, a new brand from the pioneer in opening solutions – ASSA ABLOY, makes its Canadian debut at Canasa Security Canada. The new access control platform comprised of an intuitive and easy-to-use mobile app, web interface, locks, and readers were developed to address the needs of the small business market. Centrios lock reader With Centrios, business operators can quickly and intuitively manage scheduled access and retrieve access reporting for employees and visitors across multiple...

Cohesity, a pioneer in AI-powered data security and management introduced a patent-pending visual data exploration capability to Cohesity Gaia, its first-to-market AI-powered search assistant launched earlier in 2024. By providing customers with a visual categorisation of the themes across documents and files within a data set, the visual data explorer brings new context to the data and suggests queries that help users gain insights faster.  Challenges with the traditional approach With...

Quanergy Solutions, Inc., a pioneering provider of 3D LiDAR solutions, has solidified a strategic partnership with Florida Drawbridges, Inc. (FDI), a premier operator and maintainer of movable bridges across seven states, with a seven-figure contract. This collaboration marks a significant milestone in the integration of Quanergy's cutting-edge 3D LiDAR technology into FDI's bridge monitoring systems, aimed at enhancing safety, reducing accidents, and streamlining operations. To date, more than...

Beyond Technology, a pioneer in technology solutions, has reached a new milestone by becoming Infinera's first Platinum partner worldwide. This recognition comes within the framework of the launch of Infinera's renewed Partner Program in 2024, highlighting Beyond Technology's commitment to excellence and its ability to offer advanced solutions at a global scale. Optical networking solutions To achieve this milestone, Beyond Technology demonstrated to have enough certified engineers and sales...

Sophos and Secureworks®, two global pioneers of innovative security solutions for defeating cyberattacks, announced a definitive agreement for Sophos to acquire Secureworks. The all-cash transaction is valued at approximately USD 859 million. Sophos is backed by Thoma Bravo, a pioneering software investment firm.  Secureworks’ operations Sophos’ experience and reputation as a pioneering provider of managed security services Sophos’ experience and reputati...

Robotic Assistance Devices Mobile, Inc., a subsidiary of Artificial Intelligence Technology Solutions, Inc., has attained the advanced achievement of Level 5 autonomous navigation, part of its development of ROAMEO Gen4 security robot. This breakthrough positions ROAMEO Gen4 as a fully autonomous solution capable of operating independently in diverse environments without human intervention while performing advanced human-like functionality. AITX’s subsidiary RAD-M ROAMEO Gen4...

ZBeta, a pioneer in delivering comprehensive physical security consulting services, announces the launch of LabZ, an innovative program dedicated to driving the future of security technology through rigorous testing, independent evaluation, and continuous improvement. Designed to be a centre of collaboration for the security industry, LabZ is an unparalleled resource for the testing of emerging innovations, complex integrations, and system and device convergence. Enterprise security programs...