Mergers & Acquisitions - News

Touting impressive attendance figures, ISC West, in collaboration with premier sponsor the Security Industry Association (SIA), saw a robust 56% year-over-year gain in attendance for ISC West 2023, hosting over 27,000 security industry professionals in Las Vegas from March 28-31 to learn, see, and experience the latest security technology trends.  Comprehensive and converged security trade event "As the nation’s leading comprehensive and converged security trade event of the year, a...

Allied Universal, the globally renowned security and facility services company, and MSA Security®, an Allied Universal company, announced the strategic expansion of services in the Las Vegas region with the acquisition of Elite Tactical Security Solutions. “We are excited to expand our presence in the Las Vegas market, North America’s preeminent destination for exhibitions, events and entertainment,” said Allied Universal’s Global Chairman and Chief Executive Officer...

Award-winning global security pioneer, Gallagher, reaffirms its commitment to U.S. government bodies by appointing Jeff Fields as Director and Paul Haake as Senior Systems Engineer of its newly formed Federal Government Program. Combined, Fields and Haake bring 65 years of experience – many directly in the federal landscape - to the Gallagher team and are ‘brimming with excitement,’ as Haake puts it, to launch the new program. Fields and Haake envision Gallagher’s Fede...

Powervault, one of the UK’s renowned electricity battery storage manufacturers, has launched the P4, their most powerful energy storage solution yet.  Due to its modular design, backup power options, and AI technology, the P4 has received positive feedback from the building industry and installers. P4 features  Best suited for bigger homes and commercial properties, the P4 has a larger battery and inverter than the PVCompact, allowing for greater storage and power. Customers...

Qognify, a provider of video (VMS) and enterprise incident management (EIM) solutions announced that it has become a part of Hexagon. Detect, assess, and respond Qognify joins the Safety, Infrastructure & Geospatial division of Hexagon, following the completion of its acquisition announced on December 19, 2022. Steven Cost, President, of Hexagon's Safety, Infrastructure & Geospatial division, states, “Qognify extends our real-time monitoring and security reach to detect, assess,...

Neurotechnology, a provider of deep learning-based solutions and high-precision biometric identification technologies announced that the company returned to the top ranking in the National Institute of Standards and Technology (NIST) Proprietary Fingerprint Template III (PFT III) evaluation. PFT III evaluation The PFT III evaluation presents fingerprint verification benchmarks using four different datasets of fingerprints, in almost all of which Neurotechnology's latest algorithm submission pr...

The Association of University Chief Security Officers (AUCSO), the organisation for security professionals working in higher and further education around the world, has announced its new Chair and Vice Chair who both take up their positions in April. Current Vice Chair, Oliver Curran, will become the Chair of AUCSO replacing longstanding Chair, Les Allan, who is stepping down after serving as Chair for two years, prior to that Vice Chair for two years. Logistics of local national A member of...

Astute Financial Consulting, a security industry financial consulting firm and software developer of business reporting solutions, announced the hiring of Amy Becker as Senior Vice President. Amy brings over thirty years of experience in the accounting/finance field, including her time as CFO with two NetOne affiliated companies. “We’re very excited to have Amy on board. Her collaborative leadership style, results-oriented work ethic, and extensive financial and operational experien...

Illumio, Inc., announces the appointment of Adrian Crawley as Regional Vice President of Sales, EMEA. Based in the UK, Crawley will lead and scale Illumio’s regional sales teams and operations across EMEA, including pre-sales and channel operations, to capture growing demand for Zero Trust Segmentation (ZTS) as companies race to strengthen cyber resilience. Crawley brings over 20 years’ experience in networking and security, gained at top technology companies including F5 Networks...

Quantum Corporation, the pioneer in solutions for video and unstructured data, announces Quantum Myriad™, an all-flash, scale-out file, and object storage software platform for the enterprise. Leveraging advances in application frameworks and design that were not available even a few years ago, Myriad's modern cloud-native architecture makes it an easy-to-use solution that overcomes the limitations of hardware-centric designs and enables customers to adapt to future storage needs while re...

Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, announces it has appointed Chris Aronis as its Chief Revenue Officer (CRO). Aronis will lead the Drawbridge sales, account management and business development teams to accelerate the company’s global growth, enhance client service and evolve its go-to-market strategy.  “As the global threat landscape continues to evolve, Drawbridge is uniquely positioned to capitaliz...

Mike Loukides, Vice President of Emerging Technology at O’Reilly, said “The UK government has published five principles to guide the use of artificial intelligence in the UK. What's notable about these principles is that they're addressing real problems and harms that are caused by AI now. In that respect, there's a sharp contrast between these principles and other calls for "moratoriums" and such." He adds, "The UK is addressing real, concrete issues: fairness, security, accou...

Checkpoint Systems, a global pioneer in RFID and RF technology solutions, has acquired Denmark-based Alert Systems, a pioneering Internet of Things (IoT) specialist with a focus on metal and magnet detection in the retail environment.  Since 1999, Alert Systems has supplied the global retail industry with solutions to identify tools and techniques used by criminals to steal items from stores – these include booster bags (handmade containers lined with foil used to shoplift) and detac...

SoSafe, Europe’s major vendor for security awareness and training announced the appointment of Gonçalo Gaiolas, former C-level executive and leader of the product organisation at OutSystems, as Chief Product Officer (CPO).   Gaiolas will lead SoSafe’s entire product organisation and will further drive product innovation and strengthen the company’s global product leadership. Rise in cybercrimes Niklas Hellemann, Co-Founder and SoSafe CEO, "At SoSafe, we are on a...

Anviz, a provider of smart security solutions, exhibited its latest access control, time and attendance, and surveillance solutions at ISC West 2023, from March 29th to 31st, 2023.   At the show, Anviz demonstrated how its innovative solutions can help organisations of all sizes improve their security and safety, as well as streamline their access control and time and attendance processes. Biometric and security solutions  "We are excited to be back at ISC West this year to sh...

Switzerland-based ALSO Group, one of Europe’s biggest technology providers, is expanding its operations in the UK, offering direct access to its ALSO Cloud Marketplace (ACMP) platform. ALSO Cloud platform The ALSO Cloud platform not only connects over 100 vendors including Microsoft, Adobe, Dropbox, and IBM with resellers.  It also automates the processes for renewing subscriptions, managing, upgrading, and invoicing licences according to the changing needs of customers. As a resul...

Lumeo, a designer of computer vision solutions is excited to announce a technology integration with Solink, a cloud-based video surveillance and loss prevention platform. A unique and powerful solution Through this integration, Solink and Lumeo are offering customers a unique and powerful solution that combines industry-changing video surveillance and powerful, open, and flexible video analytics. Solink enables customers to have a single view of their business by integrating...

The Security Industry Association (SIA) presented seven new members to the SIA Board of Directors at The Advance, SIA’s annual membership gathering, held March 28 during ISC West, and the SIA Board of Directors confirmed its new officers during the board’s March 28 meeting at ISC West. New members The new SIA Board of Directors members, who will serve an initial two-year term from 2023 to 2025, are: Charles Burns, vice president of security, Miami D...

As the price comes down and end-user acceptance goes up, the technology is poised for a dramatic increase in deployment. While biometrics is by no means a new technology to the security industry, its evolution in regards to price and end-user acceptance means its viability may be at an all-time high. In this Q&A sponsored by Suprema, Bob McKee, President of Suprema America, discusses these trends and their potential impact on security integrators. Suprema is a global provider of access...

Twilio (TWLO), the customer engagement platform that drives real-time, personalised experiences for major brands, has announced that Charlie Bell has been appointed to the Twilio Board of Directors, effective March 28, 2023. Charlie Bell is a member of Microsoft’s Senior Leadership Team, where he serves as Executive Vice President of Security, Compliance Identity, and Management. Vast technology industry experience Charlie is one of the most well-respected and admired technologists in t...

Wayne Alert System, Inc., a family-owned and run life-safety and security provider with UL/FM central station monitoring, announced that it has acquired Red Alert Alarm Systems of Topsfield, Mass.  The purchase further increases Wayne Alarms's share in the greater Boston area as the company continues to grow and expand.  Increased security access  "The combination of Red Alert Alarm Systems with our company increases our market share, adds to our geographic presence, and provid...

Ahead of World Backup Data Day, please find comments below by Dr. Johannes Ullrich, Dean of Research at SANS Technology Institute, and Lisa Erickson, Head of Data Protection Product Management at Veritas. Dr. Johannes explains why data should be considered 'at risk’ if it can’t be found in at least three locations and Lisa Erickson says organisations should implement comprehensive classification systems to understand the kinds of data they have and therefore where and how it should...

IDEMIA, the globally renowned company in identity technologies, has announced that its Board of Directors has elected Erik Maris as Chairman of the Supervisory Board, effective immediately. Erik Maris has been an IDEMIA Board Member since 2022 and an Advisory Partner at Advent International Ltd, since November 2020. As a specialist in complex and cross-border transactions, Erik has led more than a hundred operations in his career. Erik Maris appointed Chairman of IDEMIA’s Supervisory Boa...

A global survey conducted by Regula together with Sapio Research company from December 2022–January 2023 has revealed that the impact of identity fraud varies for organisations in the Financial Services industry, based on whether they belong to the Banking or FinTech sector. Specifically, every fourth bank reported experiencing over 100 identity fraud incidents in the past year (26% of organisations), which is lower (17%) for the FinTech sector.  Economic damage When asked to evalu...

Senstar, a provider of sensing and information management solutions for the protection of critical sites and infrastructure, is providing a glimpse into the near future for the Senstar Symphony Common Operating Platform at ISC West this week, in Las Vegas. The technical preview includes a new customisable workflow engine shown as a solution for logistics operators, an improved video pipeline subsystem, and a new mobile app for remote management. New workflow engine “Senstar is pleased t...

Allied Universal, the globally renowned security and facility services provider, has announced that Angela Parker, the Chief Financial Officer (CFO) for its Allied Universal Technology Services business unit, has been appointed to the board of directors for the Security Industry Association (SIA). Angela Parker will join six other leading industry professionals, while serving a two-year term in support of the association’s mission ‘To be a catalyst for success within the global secu...

Matrix with intensive research at the forefront aims to build innovative security and telecom solutions nationally and internationally. At Convergence India Expo 2023, Matrix displayed all the customer-centric solutions and products of telecom, video surveillance, access control, and time-attendance domains. Telecom products: Media Gateways At Convergence, Matrix displayed its Telecom products like Media Gateways, including SIMADO GFX114G, SETU VFX404, and SETU VFXTH0016. Matrix’s Digi...

HID, the worldwide pioneer in trusted identity solutions announced it will be at the 2023 ISC West International Security Conference and Exposition showcasing examples of how cloud-based access control and trusted mobile identities are accelerating the digital transformation and enabling innovative and seamless workplace experiences in today’s increasingly connected world. Reconnecting with end-users  “No matter who you are or where you’re from, you have likely experienc...

Boon Edam Inc., a pioneer in security entrances and architectural revolving doors, is taking ISC West 2023 by storm, announcing a series of new solutions, products, and programs aimed at adding value to both physical entrances and customers. These new initiatives are being presented alongside Boon Edam’s existing range of security entrance solutions at booth #10053. “From our new Signature Series to Boon Edam’s 150th anniversary, Integrator Certification Program, and upgraded...

To more rapidly meet the increasing demand for its automation solutions, B&R is implementing new weekend shifts in production for a period of one year. For 20 hours per week on Saturdays and Sundays, the company offers a salary comparable to that of a full-time job in Austria. In only a few weeks, more than 700 people applied. 300 of them started work in March, and 200 more will follow in April. Demand for automation solutions The measure was made vital by a dramatic increase in need for...