Mergers & Acquisitions - News

Honeywell announces plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation’s Global Access Solutions business for $4.95 billion, in an all-cash transaction. This acquisition will enable Honeywell to become a provider of security solutions for the digital age. The acquisition, which includes both hardware and software solutions, further supports Honeywell’s recently announced plans to align its portfolio to three compe...

Honeywell plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation’s Global Access Solutions business for $4.95 billion, in an all-cash transaction. The acquisition, which includes both hardware and software solutions, further supports Honeywell’s recently announced plans to align its portfolio to three compelling megatrends: automation, the future of aviation, and energy transition, underpinned by robust digitalis...

Elite Interactive Solutions (EIS), a pioneer in guard replacement services using proprietary intelligence and 100% verified police calls, announces it has promoted COO Michael Zatulov to President of the company. Since joining Elite in 2018, Zatulov has been integral to pioneering the business to double-digit year-over-year growth, substantial increases in recurring monthly revenue (RMR) and low single-digit customer attrition. Responsibilities of Michael Michael’s high-level thinking a...

ExCeL London, the capital’s largest event venue, has appointed Carlisle Support Services as its dedicated security partner to further enhance the venue’s security operations and improve the visitor experience. Carlisle Support Services will be working closely alongside the venue’s in-house security team to ensure the security of ExCeL’s 100-acre campus, as well as the safety of its four million annual visitors, event organisers, and exhibitors.  Supporting ExCeL&rs...

Zenitel, the global supplier of intelligent critical communication solutions, announced the hiring of a key relationship executive in its Americas Onshore Business Unit. Jalen James has been named Strategic Alliance Relationship Manager, reporting to Kelly Lake, Director of Global Strategic Alliances. Strategic alliances programme The Zenitel strategic alliances programme supports manufacturer partners who integrate Zenitel’s intelligent communication solutions into their business. Jame...

RiverSafe, a cyber security, data operations, and DevOps professional services provider, has partnered with EARTH 51 to assist in developing RiverSafe’s sustainability strategy, as it looks to head the industry into the next decade of security transformation. EARTH 51 prides itself on its ability to thread sustainability into an organisation’s DNA, allowing businesses to strike the right balance between financial gain and a sustainable approach, helping to shape the policies and pra...

Temu, the most downloaded new shopping app in the world, introduced two-factor authentication (2FA) to enhance the security of its website and mobile apps, the latest measure taken by the Boston-based online marketplace to protect consumers and deter fraud. Two-factor authentication Temu joins other major e-commerce platforms and payment gateways to implement 2FA, which is increasingly viewed as a necessary component of robust cybersecurity. It adds a layer of security beyond just a...

Global technology solutions provider Arrow Electronics, Inc. announced it has provided engineering support to enable Bharat Pi, an India-based tech startup to design and build enterprise-grade IoT development boards that deliver benefits of reliability, quality, and scalability to millions of smart and connected devices. Adoption of IIoT According to the IoT device management platform analysis by Future Market Insights, the demand in India is expected to increase at a compound annual growth...

Exabeam, a global pioneer in cybersecurity that delivers AI-driven security operations announced the successful completion of an Information Security Registered Assessors programme (IRAP) assessment at the Protected level for the Exabeam Security Operations Platform. Aligned with the standards set by the Australian Signals Directorate, this assessment highlights Exabeam's commitment to providing advanced AI-driven security operations solutions that meet high-security standards, benefiting both...

Mayflex, the distributor of Converged IP Solutions, has recently picked up an award to celebrate their achievement and partnership with Suprema.  SGPP Conference The awards were presented at the Suprema Global Partner Programme SGPP Conference held in Bali on 15th-17th November. Mayflex Sales Director, Ross McLetchie collected the award on behalf of Mayflex from Hanchul Kim the Chief Executive Officer for Suprema Inc. Reliable, customer-focused solutions Their extensive product ra...

TraiCon Events will be hosting Bahrain’s premier fintech event titled “Fintech Revolution Summit” scheduled on 14th & 15th February 2024 in Manama Bahrain - A pioneering financial hub of MENA.  This summit aims to bring together 750+ BFSI experts & fintech leaders to discuss and deliberate the trends around financial technology and investment opportunities for the finance sector.  Bahrain Vision 2030 This dedicated event is the best opportunity to discover...

XOi, a provider of technician-focused technology solutions, announces a new integration partnership with Simpro, the total business management software for commercial trade service businesses. True Blue partner programme The integration connects XOi to Simpro’s new True Blue partner programme, a carefully selected ecosystem of industry pioneers helping service providers and trades professionals unlock next-level success. XOi is the first U.S. wholesaler integration and referral partner...

LiveAction, a pioneer in network performance visibility, announced its partnership with Shifra, a provider of network and communications solutions. With a primary focus on the Middle East, Shifra will deliver LiveAction’s full product portfolio in addition to technical, pre-and post-sales support.   Network performance management The offering will include LiveAction’s pioneering network performance management (NPM) solutions. LiveAction’s Network Intelligence platform t...

Interface Systems, a managed service provider delivering business security, managed network, UCaaS, and business intelligence solutions to distributed enterprises announced that Sean Foley has been appointed to the role of Chief Revenue Officer and Sunita Mani to the role of Chief Marketing Officer. Sean Foley Over the last decade, Foley was instrumental in building Interface’s Customer Success organisation and spearheaded some of the largest deals in the company’s history. In his...

Iris ID, the global pioneer in iris recognition technology for 25 years lends its expertise in advanced identity authentication to help organisations in the United States combat the 373 million dollar-a-year problem of buddy punching and time theft according to the American Association of Payroll. By updating outdated time and attendance systems, companies can solve multiple problems including eliminating manual record keeping, increasing worker and management efficiency as well and building te...

In a groundbreaking collaboration, Partisia Blockchain and the University of Applied Sciences and Arts Western Switzerland (HES-SO Valais-Wallis) are poised to transform the management of digital identities for Swiss citizens. This partnership aims to develop a decentralised electronic identity system in harmony with the Swiss Federal Council’s unwavering commitment to data privacy and security. Redefining digital identity management This collaboration marks a significant leap toward re...

Zimperium, the only mobile-first security platform for mobile devices and mobile apps announced its participation in the Microsoft Security Copilot Partner Private Preview. Zimperium was selected based on their proven experience with Microsoft Security technologies, willingness to explore and provide feedback on cutting-edge functionality, and close relationship with Microsoft. Mobile endpoints and applications Zimperium is committed to securing mobile-powered businesses and protecting mobile...

OPTEX, the renowned global sensor manufacturer, has opened its new training centre in Madrid, to give its network of partners and customers first-hand experience of its complete portfolio of intelligent security solutions. The new facility, located in Madrid, will serve as a new base for OPTEX to better serve and support its partners throughout the Iberian Peninsula. In addition to meeting space, it boasts an innovation area which will be used for live and interactive in-person product demonstr...

Bolstering its commitment to European site safety, global wireless solutions firm - Ramtech has appointed UAB Saugos Tarnyba ‘Argus’ as its exclusive distribution partner in Lithuania. Helping deliver enhanced protection to construction sites in the temporary phase, the move expands Ramtech’s European presence, adding to its existing network of 15 supported territories across Europe, with language support in nine different languages. WES3 solutions distributed in Lithuania U...

Resideo Technologies Inc, a global provider of home comfort and security solutions, announced that it is helping protect the safety of Norwegian apartment building residents with new award-winning multifamily services offered through the acquisition of sfty AS. sfty team The sfty team, based in Oslo, is one of Norway's fastest-growing alarm companies. They currently protect over fifteen thousand apartment building residents through powerful and user-friendly safety management software...

Wavestore, a global provider of video management software and analytics for physical security, is poised for growth under new ownership by Sam Shalaby. Senior Vice President - Kim Loy leads operations for the Americas with offices in Ottawa, Ontario, and West Palm Beach, Fla., focusing on product development and innovation.  Expansion  The company aims to expand its user base by leveraging existing relationships and tapping into new markets. Kim Loy says the company has a solid...

Mark Paul, a security professional for Allied Universal®, the world’s pioneering security and facility services company, was honoured by The American Red Cross at its Evening of the Stars event for his heroic actions that saved a life. Military and first aid training Paul was recognised at the event on Nov. 14, 2023, for assisting an individual in need and saving their life. While on shift at Allied Universal’s client State Farm Park in Illinois, Paul helped a State Farm e...

Vector Flow, the industry pioneer and innovator of AI and data-driven physical security solutions, proudly announces its commitment to the EqualAI® pledge, marking its promise to play an active role in the fight against bias in artificial intelligence (AI). The company joins a distinguished group of organisations collaborating under the guidance of EqualAI, a nonprofit organisation, and a movement, focused on reducing unconscious bias in the development and use of AI. EqualAI pledge The E...

The Monitoring Association (TMA) is pleased to announce Steve Butkovich, Chief Product Officer, CPI Security Systems, is its new President. He officially began his two-year term on Thursday, November 8th at the conclusion of TMA’s 2023 Annual Meeting in Maui, HI. Steve Butkovich recently served a two-year term as TMA Vice President serving on the TMA Board pioneering up to his presidency. He succeeds Morgan Hertel, Rapid Response Monitoring, Inc. Hertel will serve an additional two-y...

Motorola Solutions will proudly ring the opening bell at the New York Stock Exchange, celebrating its continued, purposeful transformation centred on safety and security. The company is announcing its new brand narrative, ‘Solving for safer,’ which highlights its sharpened focus on solving for safer communities, safer schools and safer businesses. Author's quote “From our storied history, today we bridge to an even stronger future. Everyone is entitled to feel safe in their c...

The Monitoring Association (TMA) had the distinct opportunity to recognise the exceptional contributions of Larry Dischert, JCI, on Nov. 6th during its General Business Meeting at the 2023 Annual Meeting in Maui, HI.  TMA President Morgan Hertel presented the respected and esteemed volunteer with TMA’s highest honour, the Stanley C. Lott Memorial Award. Stanley C. Lott Memorial Award The Stanley C. Lott Memorial Award, established in 1991 to honour its namesake, a dedicated pioneer...

IDEMIA, the globally renowned company in identity technologies, and HTX (Home Team Science and Technology Agency), the science and tech arm of the Ministry of Home Affairs, in Singapore, announced that they have signed a master agreement under a Strategic Partnership for Innovation (SPI) to collaborate on research and development in biometrics and forensics technologies. The partnership will accelerate the development of cutting-edge solutions to ensure the safety and security of Singapore citi...

Nexi has agreed with IN Groupe, an identity specialist and secure digital services, who will take over the ownership of the eID business.  Digital transformation The strategic ambition of Nexi is to further strengthen its position as the PayTech in Europe and in the context of the portfolio rationalisation and simplification process announced at the Capital Markets Day in September 2022, the divestment is in line with the strategic direction presented. IN Groupe is a global pioneer and s...

Entrust, a global pioneer in trusted identity, payments, and data announced a technology alliance partnership with NEDAP, an access control provider, to deliver interoperability between credential issuance and ID programme management capabilities. Managing physical access for people, visitors and assets is complex and ever-evolving. Organisations seek access control programmes that can provide both credential issuance and access management capabilities but find that they need to manage multiple...

SIOS Technology Corp., an industry pioneer in application high availability (HA) and disaster recovery (DR) announced the release of a verified integrated solution with Milestone Systems, a world-pioneering provider of open platform IP video management software (VMS). The new integration between the Milestone XProtect platform and SIOS LifeKeeper for Windows guarantees continuous access to the surveillance system's control and configuration capabilities, preventing disruptions and enhancing ope...