Mergers & Acquisitions - News

Elite Interactive Solutions (EIS), a pioneer in guard replacement services using proprietary intelligence and 100% verified police calls, announces the Chairman of its Law Enforcement Advisory Board (LEAB) has been selected for a public sector appointment. Tom Stone has been named Police Commissioner-at-Large to the Westtown-East Goshen Regional Police Department (WEGO) by the Board of Supervisors of Westtown and East Goshen Townships (Pa.). Review of policies and procedures He has served on...

Motorola Solutions and Google Cloud have announced a strategic, multi-year agreement that will focus on innovating cloud solutions across Motorola Solutions’ safety and security technologies. With Google Cloud’s infrastructure, Motorola Solutions will prioritise the advancement of assistive intelligence, including highly accurate and reliable video content delivery, mapping, and AI capabilities, to help address real-world safety challenges. Sensors, data, and AI “From commun...

Award-winning global manufacturer of intelligent access control and security solutions, ICT (Integrated Control Technology), is delighted to announce the appointment of Tyler Christensen as US Director of Channel Sales. With an extensive career in the security industry, including significant leadership roles in sales and channel management, Tyler brings a wealth of experience and a deep understanding of the challenges faced by security integrators. Vast industry experience Tyler's professiona...

XOi, a major provider of technician-focused technology solutions, has selected Ethan Halliwell as the company’s new Chief Financial Officer (CFO). In his new role, Ethan Halliwell, an experienced SaaS executive who has spent his career modernising finance operations and building businesses for rapid, scalable growth, will lead XOi’s financial operations as it continues to grow and transform the digital landscape for skilled trades industries. Digital platform “XOi’s co...

Invicti Security and Mend.io announced a partnership to bring the full spectrum of application security testing and supply chain security tools to customers. This partnership pairs Invicti’s DAST, IAST, and API Security domains with Mend’s SAST, SCA, and Container Security solutions to give customers full code coverage and continuous security. Appsec testing tools Balancing development speed and innovation with the best cybersecurity practices is critical for companies building an...

The Security Industry Association (SIA) has appointed Bill Brennan of i-PRO to serve on the SIA Executive Advisory Board. Established in 2017, the SIA Executive Advisory Board (EAB) is a panel of executive thought pioneers from SIA member companies and a forum that offers input on how market developments influence SIA’s strategy and key initiatives. SIA member benefits The group advises the SIA Board of Directors on potential SIA member benefits on topics that include res...

Logpoint announced the appointment of Sean Muirhead as the company’s Chief Product Officer (CPO). Muirhead is a seasoned cybersecurity professional, well-known for his ability to develop and bring products to market. His overall responsibility at Logpoint is to ensure that the company’s products help customers and partners overcome cybersecurity challenges now and in the future. Logpoint’s position “Sean has an impressive track record in the cybersecurity industry with...

IDEMIA Group announces a comprehensive reorganisation of the company to pursue its mission to make the world safer for consumers and citizens. These changes have been in effect since January 2nd, 2024. Sustainable growth IDEMIA has consistently demonstrated its ability to perform in fast-evolving markets and pursue a strong sustainable growth trajectory, both in terms of sales and profitability. In 2023, IDEMIA’s revenue was nearly €2.9 billion, and an EBITDA of over €630 milli...

Acronis, a provider of cyber protection announced it has become a member of the Microsoft Intelligent Security Association (MISA), an ecosystem of independent software vendors (ISV) and managed security service providers (MSSP). MISA members have integrated their solutions with Microsoft security technology to build a better defence against a world of increasing cybersecurity threats. Acronis Cyber Protect Cloud Acronis advocates for natively integrated applications and services commonly...

Dr Michael Berger was appointed Managing Director of IDS Imaging Development Systems GmbH with effect from 1 January. Jürgen Hartmann, founder and shareholder of the industrial camera manufacturer, is stepping down from the management board after 27 years as the head of the company.  With the 42-year-old Berger joining the IDS management team, the generational change at the Obersulm-based image processing specialist has been successfully completed. In the future, Berger will be respon...

Paxton Inc., the international security technology manufacturer, has appointed Werner Geldenhuys as their new Country Sales Manager for South Africa.  With years of experience at Paxton and in the security industry, Werner will head the team to continue providing smart yet simple-to-use security systems in South Africa. Werner's comments Werner Geldenhuys said, “I joined Paxton in 2013 and have seen what we have achieved in South Africa over the past 10 years. It makes me excited t...

First Response Group (FRG), the nationwide security, risk, and property protection company, has boosted its senior leadership team with the appointment of Derek Neilson into the newly created role of Group Operations Director. Prior roles of Neilson Neilson, who holds a Politics and International Relations (MA Hons) degree, previously headed up the company’s Scottish division, Apardion for the past eight years, starting as head of operations and then as managing director when FRG acquire...

Decision Sciences, a provider of advanced security and contraband detection systems, has created the new role of CCO to enable DSIC to capitalise on its unique and revolutionary non-intrusive inspection (NII) technology, to penetrate new global markets in port and border security, critical infrastructure protection, as well as many others. Kevin is a recognised expert and commercial pioneer with proven success in the security NII sector; he has held leadership roles in market-pioneering OEM com...

TE Connectivity Ltd. reported results for the fiscal first quarter ended December 29, 2023. First quarter highlights Net sales were $3.83 billion, in line with guidance, essentially flat on a reported basis year over year and down 1% organically. GAAP diluted earnings per share (EPS) from continuing operations were $5.76, including a one-time tax-related benefit, and adjusted EPS was $1.84, up 20% year over year. Orders were $3.8 billion, up 4% year over year, with year-over...

OPTEX, the global sensor manufacturer, has appointed Lawrence Peters as Head of Sales in the UK and Ireland to further strengthen and expand OPTEX’s capabilities across the region. Lawrence Peters' responsibilities Lawrence Peters will be responsible for pioneering and implementing OPTEX’s domestic sales and growth strategy, with a particular focus on new customer acquisition across key vertical markets, including the retail, logistics, data centre, critical infrastructure, and res...

Advantech, a global pioneer in Industrial IoT, has officially established the ASEAN Shared Service Centre (ASSC) in Penang, Malaysia, to enhance customer service in the Asia-Pacific region. The company initiated the first project of ASSC by signing a Letter of Intent (LOI) with Piacom, a system integrator (SI) affiliated with Petrolimex, a Vietnamese petroleum group. UCC Worldwide Expansion Plan Additionally, Advantech has launched the University Co-Creation (UCC) Worldwide Expansion Plan...

Verkada, a pioneer in cloud-managed enterprise building security and management, announced new investments to continue growing its go-to-market function. With the arrival of new pioneers in demand generation, field marketing, channel, and product marketing, the company will build on the momentum from 2023 to expand and enrich customer and partner relationships in the year ahead. Latest marketing team Richard Rogers joins Verkada to lead Global Demand Gen & Field Marketing Richard Rogers...

Allied Universal®, the world’s pioneering security and facility services provider, announced the proposed acquisition of the assets of J E Security Systems & Services Inc., a comprehensive guarding and technology provider based in St. Thomas, Barbados. This proposed acquisition is through Allied Universal’s subsidiary, G4S Secure Solutions (Barbados) Limited and is expected to close during the first quarter of 2024. Author's quote "This proposed acquisition marks...

barox Kommunikation AG, the global manufacturer of professional standard managed and unmanaged switches, PoE media converters, and IP extenders, has announced a new partnership with pioneering Middle East video surveillance, access control, and structured cabling distributor, Amstergi.  End-to-end supply chain distributor Established in 2004 and headquartered in Dubai, Amstergi is an end-to-end supply chain distributor offering security integrators in the UAE and Qatar, a single source of...

Mitsubishi Electric Corporation and HACARUS Corporation announced that they have agreed to expand their collaboration in the development of AI-based visual inspection applications for manufacturing. As part of the agreement, Mitsubishi Electric will take an equity stake in HACARUS.  AI-based visual inspection solutions The strategic partnership will leverage the resources and technologies of both companies to increase synergies aimed at maximising mutual technological and business potent...

Commvault®, a major provider of cyber resilience and data protection solutions for hybrid cloud organisations, has announced the appointment of Darren Thomson as its new Field Chief Technology Officer, EMEA & India (EMEAI). This appointment adds to the company’s expert team of Field CTOs, which builds on Commvault’s new cyber resilience offerings, shaping a new era of data protection and delivering industry-renowned threat detection and rapid recovery capabilities. Extens...

Matrix, a pioneer in innovative security solutions, in collaboration with its channel partner - ACIX, Middle East LLC, has marked a triumphant presence at Intersec 2024, the premier event for the security industry, held from January 16th to 18th, 2024, in Dubai, UAE.  Product portfolio With a steadfast commitment to pioneering technology and unwavering customer satisfaction, Matrix has solidified its position in the industry with over 30 years of expertise. The company boasts a dive...

Telcom, the UK’s provider of dedicated business connectivity, has been selected as a strategic partner to deliver its best-in-class connected building solution Preconnect® to the commercial office space at St. Michael’s Manchester. St. Michael’s Manchester A long-term project by Gary Neville’s development company, Relentless Developments, and its strategic partners, St. Michael’s is a £400 million mixed-use development in the heart of the city....

ProdataKey, a major provider of cloud access control solutions, has promoted Dallan Labrum to Executive Vice President of Sales, Brach Bengtzen to Vice President of Marketing, and Evan Orme to Chief Technology Officer and hired Brian Cropper as Chief Financial Officer.  Dallan Labrum As Executive Vice President of Sales, Mr. Labrum will continue to head revenue growth through expanded integration and channel partnerships and the pursuit of new vertical markets for PDK solutions. During h...

IDEMIA Group is a pioneering technology provider whose three market-pioneering businesses power mission-critical solutions based on biometrics and cryptography. Its algorithms have come top among all those tested in the Proprietary Fingerprint Template (PFT III) of the National Institute of Standards and Technology (NIST) benchmark, covering all datasets and fingerprint types.  NIST’s comprehensive evaluation The datasets used on this benchmark are composed of slap or rolled finger...

At Intersec 2024, Motorola Solutions will showcase its intelligent video, powerful analytics, touchless access, advanced alarm and identity management solutions. These new additions to its safety and security ecosystem provide additional layers of critical information to help organisations better detect, analyse and respond to everyday incidents or emergencies. Author's quote “Security challenges are complex, so the solutions for solving them must be simple and intuitive,...

The Electronic Security Association (ESA) proudly announces that Michael Barnes was elected as Treasurer and will serve as Chairman of the ESA Finance Committee following the ESA Board of Directors' meeting on November 30, 2023. Barnes succeeds Kevin Stone, who assumes the role of Chairman-Elect from 2023 to 2024. "I’m delighted that Michael Barnes will serve as Treasurer and Finance Committee Chairman for ESA,” says Kevin Stone, ESA Chairman-Elect and COO of Doyle Security Systems....

The world continues to face its toughest software developer shortage, prompting a global movement toward AI-coding assistants to tackle the increasing gap. The International Data Corporation (IDC) has predicted a  global shortfall of 4 million developers by 2025. Software engineer shortage The US Labor Department estimates that the global shortage of software engineers may reach 85.2 million by 2030, resulting in about $8.5 trillion in unrealised annual revenues. Between 66% and 90% of...

Veeam® Software, the #1 pioneer by market share in Data Protection and Ransomware Recovery announced several updates and enhancements of its Veeam ProPartner Network programme aimed at helping partners around the world to benefit from the growing adoption of Veeam technology to help companies become radically resilient in the face of growing cyber threats and other outages. Veeam ProPartner Network The programme updates are focused on supporting partner profitability in a more predict...

Siemens Digital Industries Software announced the new Teamcentre® SLM app on Salesforce AppExchange. Developed by Siemens in collaboration with Salesforce, the app connects product engineering and product service operations by bringing together the Teamcentre Service Lifecycle Management solution from the Siemens Xcelerator portfolio of industry software with Salesforce Manufacturing Cloud and Salesforce Service Cloud.  Service-centric business models This new app enables manufacture...