Mergers & Acquisitions - News

LILIN has been dedicated to the cybersecurity industry for more than 40 years, leading the smart application market to leap forward again.  LILIN recently released 6 series 4/8/16 channel, HD analog, and IP camera hybrid DVR, providing high-resolution, high-quality, security-enhanced DVR video recorders for home, banking, and retail industries. In addition to using the LILINHome App for remote home use, it can also be used with LILIN NCC 3.0 for remote branch and image management LILINHom...

Artificial Intelligence Technology Solutions, Inc. has announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has released a new member of its popular ROSA product family, ROSA270. ROSA270 security solution This new solution, shipping in June 2021, adds an entirely new dimension to autonomous video surveillance and response - literally, a new dimension of an additional 90° viewing area via one additional camera. There are a total of three cameras on ROSA270, each...

Following a decision of its Board, Euralarm has welcomed its newest member Viking, a dependable partner in fire protection with almost 100 years of experience. The company will join the Extinguishing Section of Euralarm. The Extinguishing Section represents the active fire extinguishing sector and covers existing, new, and emerging technologies, covering automatic extinguishing systems using gas, water, foam, powder and aerosols, oxygen reduction systems, portable equipment, and other manual me...

LILIN has been actively optimising customer experience in recent years and is committed to upgrading the VMS system. LILIN released Navigator Control Center 3.0 (NCC 3.0) video management software, dedicated to managing tens of thousands of cameras. Through NCC 3.0 management system, it integrates NVR/DVP, IP cameras, TV wall, facial recognition system, Pos system, and license plate recognition system, which is convenient uses for one-stop central management. NCC 3.0 video management software...

Resideo Technologies, Inc., a global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, announces it has acquired privately held Shoreview Distribution (‘Shoreview’), based in Foxboro, Massachusetts. Shoreview was founded in 1989 and is a distributor of professional audio, video, lighting, display and broadcast equipment. With warehouse locations on the east and west coasts, Shoreview serves customers acr...

Valsoft Corporation (Valsoft), a Canadian company that specialises in the acquisition and development of vertical market software businesses, is pleased to announce the successful acquisition of ScholarChip (ScholarChip Card LLC), a global provider of identity management, visitor management and behavioural software for the K-12 vertical. Acquisition of ScholarChip ScholarChip was founded in 2003, by Dr. Maged Atiya and his wife, Monica Sibillia Atiya, with a mission to help make schools safer,...

STOPware, Inc. has announced that it has received LenelS2 factory certification and joined the LenelS2 OpenAccess Alliance Program (OAAP). STOPware’s Visitor Management System interfaces with the OnGuard access control system, thereby allowing STOPware features to be leveraged by OnGuard system users.   Seamless access control “STOPware has completed required factory testing at LenelS2 to validate the functionality of its interface to the OnGuard system. The integration o...

LEONARDO S.p.A. has announced that it has signed a purchase agreement for 25.1 percent of the shares in HENSOLDT AG with HENSOLDT's majority shareholder, Square Lux Holding II S.à r.l., a portfolio company of investment funds advised by KKR. HENSOLDT, thus, will gain one additional major shareholder and future potential strategic partner. The sale is subject to usual regulatory closing conditions. LEONARDO investment in HENSOLDT Square Lux Holding II S.à r.l. will still hold aro...

Abnormal Security announced the company has been named one of 10 finalists for the RSA Conference 2021 Innovation Sandbox Contest for its breakthrough cloud-native email security platform that stops modern email attacks through behavioural data science. On May 19, Abnormal Security will present its email security platform to a panel of renowned industry judges and a live virtual audience in a three-minute pitch, competing for the coveted title of “Most Innovative Start-Up” at RSA Co...

Super Micro Computer, Inc., a pioneer in enterprise computing, storage, networking, and green computing technology, extends its market leadership in the growing areas of Artificial Intelligence (AI), Machine Learning (ML), High-Performance Computing (HPC), 3D-graphics visualisation, and desktop virtualisation. Supermicro has the broadest Tier 1 portfolio of systems that integrate state-of-the-art capabilities achieving 5 petaFLOPS of AI performance in a 4U form factor with the latest NVIDIA A10...

Resideo Technologies, Inc. announces it has acquired privately held Norfolk Wire & Electronics (‘Norfolk’), 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,...

Allied Universal®, a security and facility services company in North America, recently appointed Mike Beregovsky as Chief Merger & Acquisition Officer and Co-Head of Strategy & Investor Relations. Danette Perkins has been promoted to President of Mergers & Acquisitions for North America. Beregovsky will be responsible for working with the company's executive leadership team to develop and execute the strategic direction for the organisation to continue driving strong, consistent...

Bosch introduces the AUTODOME inteox 7000i; a new model within the AUTODOME family that runs on a new open camera platform called INTEOX. Artificial Intelligence A platform that is set to revolutionise the security and safety industry and benefit customers, system integrators, and app developers. The new AUTODOME inteox 7000i cameras employ built-in Artificial Intelligence (AI) including video analytics while moving, machine learning capabilities, and deep neural network-based (DNN) video ana...

Bosch introduces the new FLEXIDOME multi 7000i camera family offering IR and non-IR models that provide 12- or 20-megapixel resolution to deliver highly detailed multi-directional overviews. These overviews are combined with built-in artificial intelligence (AI) to support predictive solutions in wide-area coverage applications such as intersections, public spaces, and retail. Image sensor, remote maintenance Each image sensor, offering 3- or 5-megapixel resolution, attaches a layer of metada...

Videonetics, the globally renowned AI & DL powered Unified Video Computing Platform (UVCP) strengthens its technology partnership with Axis Communications, the globally renowned company in IP surveillance, by co-creating and delivering numerous integrated solutions under Axis Application Development Partner (ADP) program, to meet growing demands of different market segments. Axis ADP Program The Axis Application Development Partner (ADP) Program is designed to help software vendors streaml...

Allied Universal, a global security and facility services company, based in North America, has recently hired Tim Brandt as the company's Global Chief Financial Officer (CFO). Brandt will lead the financial operations of the company and will focus on the upcoming acquisition and integration of G4S and the eventual IPO (initial public offering) of the newly consolidated company. Mergers and acquisitions specialist Tim specialised in mergers and acquisitions, initial public offerings and public...

The largest Internet of Things (IoT) exhibition “2021 Smart City Summit & Expo” in Asia will be on stage from Mar.23 - Mar.26. LILIN, a global pioneer of IP video cameras, recording devices, and software will showcase the latest AI multi-application in the “IoT Surveillance” area (booth number #Q402). There are three major scenario themes on the side, namely “A series of AI cameras”, “Diverse intelligent applications” and “AI customised...

Acronis, a pioneer in cyber protection, announces the acquisition of Synapsys, its long-time partner located in Cape Town, South Africa that specialises in distributing Acronis Cyber Protection Solutions through the service provider channel. Marking the latest move in the company’s accelerated growth plan, it is Acronis’ fourth acquisition in the past 18 months. Synapsys is a channel-centric group of companies that delivers Acronis Cyber Protection Solutions to thousands of customer...

SaaS Alerts, led by CEO Jim Lippie, raises $1.2 million in early stage funding from Gary Pica, David Bellini & additional MSP industry pioneers. The lineup of investors includes Gary Pica, David Bellini, Adam Slutskin, Paul Cissel, Pete Peterson, Kevin Lancaster, Paul Brady, John Barrows and Michael France, ChannelE2E has confirmed. SaaS Alerts secures funding The funding arrives at a key time for SaaS Alerts and the MSP software industry. Indeed, thousands of MSPs have successfully exten...

Super Micro Computer, Inc., a global pioneer in enterprise computing, storage, networking solutions, and green computing technology, announces the availability of the most complete server lineup supporting the AMD EPYC™ 7003 Series Processors in the industry. Supermicro’s SuperBlade on the SPECjbb 2015-Distributed achieved back-to-back world record benchmarks on the critical-jOPS and max-jOPS tests. The SuperBlade delivered up to a 36% improvement from the 2nd Gen to the 3rd Gen of...

Funds advised by Triton (‘Triton’) acquired ACRE, an end-to-end security solutions provider based in Dallas/USA and Dublin/Ireland. Triton will invest alongside the current management team of ACRE. ACRE’s previous majority investor, LLR Partners, who has partnered with the company since 2013, will exit the business. The financial terms of the transaction were not disclosed. ACRE is a pioneer in the delivery of security systems for access control and intrusion detection as well...

Reliance High-Tech, the globally renowned independent security technology integrator, has formed a new partnership with Secure Logiq. Over the last 10 years, Secure Logiq has become established as the world’s renowned and advanced manufacturer of state-of-the-art high definition (HD) servers that are purpose-built for surveillance-based applications. This announcement means that Reliance High-Tech’s customers will now have access to technology that can process up to three times as m...

Evolv Technology, the front-runner in AI touchless security screening, and NewHold Investment Corp. a special purpose acquisition company, announced they have entered into a definitive merger agreement for a business combination that will result in Evolv becoming a publicly traded company. It is anticipated that Evolv will trade on the with the ticker symbol “EVLV” after the deal closes in Q2 2021. Unrivalled technology and market presence Evolv is transforming the physical securit...

Telos® Corporation, a pioneering provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organisations, and Omnilert, the innovation pioneer and most trusted partner in emergency communications, announced the integration of the Telos Ghost virtual obfuscation network into Omnilert Gun Detect, the industry’s AI-powered visual gun detection solution. “Adding network obfuscation and misattribution capabilities to Gun Detect enhances...

ASSA ABLOY has acquired the textile services business of Invengo Information Technology Co., Ltd, a globally renowned real-time inventory management platform that combines software, RFID tags, equipment and services, to efficiently identify, track and monitor linen and textile assets. Strategic technological acquisition “Invengo Textile Services is a strategic technological addition to the ASSA ABLOY Group. The company reinforces our current offering within the global RFID ecosystem. The...

Pluralsight, Inc., the globally renowned technology workforce development company, has announced the promotion of Lindsay Bayuk to the position of Chief Marketing Officer (CMO), effective immediately. Reporting to Pluralsight, Inc.’s Co-Founder and Chief Executive Officer (CEO), Aaron Skonnard, Lindsay Bayuk was promoted, after serving as interim CMO and prior to that, serving as Vice President (VP) of Portfolio Marketing at the company. Spearheaded Pluralsight's enterprise expansion Pl...

The National Cyber Security Centre (NCSC), together with the Cabinet Office, DCMS and Home Office, has recently launched the latest phase of its Cyber Aware campaign. This included a self-assessment tool on the website to help sole traders and micro businesses check how safe they are from cyber threats and to give advice on areas of improvement. The increased use of email, online payments and collaboration software has brought great benefits to businesses, including the construction sector, but...

ISS India Country Manager is recognised as ‘Transformational CEO of the Year in Crisis’ at the Business Leader of the Year Award 2021 by World Leadership Congress for his visionary leadership during a tumultuous 2020. Aksh Rohatgi, CEO and Country Manager, ISS India, has been recognised as the ‘Transformational CEO of the Year in Crisis’ in the Business Leader of the Year Award 2021 organised by World Leadership Congress on February 17. Visionary leadership He was chos...

Evolv Technology, a globally renowned provider of artificial intelligence (AI)-based touchless security screening systems, announced the appointment of digital transformation executive Merline Saintil to its Board of Directors. The 20-year technology industry veteran is widely respected for providing world-class innovators and market makers with strategic leadership, insightful guidance and operational expertise to dominate the markets they serve. Saintil has a proven track record of developing...

Motorola Solutions announced the opening of its new, Video Security & Analytics (VS&A) manufacturing facility in Richardson, Texas. The 136,000 square foot building represents the company’s continued investment in North American manufacturing and the expansion of its production and shipping capabilities to further the growth of its video security portfolio which serves customers around the world. “We’re proud to be building upon our commitment to provide advanced video...