Magal Subsidiary Acquires Dominion Wireless
Magal Security Systems Ltd. announced that Perimeter
Products Inc. (PPI), its fully owned U.S.-based subsidiary,
has acquired the assets of Dominion Wireless Inc. (DWI), a
company that specializes in applying advanced radio
frequency (RF) transmission and locating technologies to
deliver highly reliable security systems for use in
correctional and other institutional environments.
Jacob Even-Ezra, Chairman of Magal, said, “We believe this
acquisition will strengthen the company’s product line,
improve market share and competitive standing in the
perimeter security marketplace, in addition to contributing
to Magal’s growth in the year 2003 and beyond.”
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