OTTAWA, Canada – Magal Security Systems (NASDAQ GM: MAGS) announced today that its Senstar subsidiary, based here, has acquired video management software (VMS) provider Aimetis for an enterprise value of approximately US$ 14 million.
Senstar is a global provider of perimeter intrusion detection systems. Aimetis’s platform combines VMS with built-in analytics and centralized management that can be integrated with a wide variety of cameras.
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The ability to integrate with Senstar perimeter sensors will address the requirements of many markets including energy, transportation, corrections, military, healthcare, retail and education, according to a press release.
“We … look forward to realizing the synergies between our companies by expanding our product offering, customer reach and leveraging our global geographical footprints,” says Senstar President Brian Rich. “Together, we now have a unique offering of intelligent video combined with the strongest cyber security solution in the market for video and general physical security networks.”
The companies will demonstrate their newly integrated capabilities during ISC West (April 6-8) in Las Vegas.
