NICE Systems has agreed to buy the security management solution assets of Orsus, a move NICE says will “revolutionize” situational awareness.
The integration of Orsus’ security management software with NICE’s security solutions, complemented by its vertical domain expertise, will enhance NICE’s leadership position in the security market and enable its customers and partners to better protect city centers, transportation systems, critical infrastructure and enterprise campuses, NICE said.
The all-cash transaction is worth $22 million, subject to adjustments and conditions and is anticipated to close near the end of the year.
Critical incidents today are becoming more frequent and with more far-reaching consequences. In response, organizations have made massive investments in a wide range of security technologies and in corresponding manpower. However, these security tools often exist in different silos, which lead to information overload, making it difficult to get the complete picture and manage critical incidents effectively.
Orsus’ Situator security management solution provides a framework for fusing data silos from disparate security and safety systems as well as multiple command and control centers, into a single, holistic operational view and automating security procedures.
Situator’s open architecture enables integration with a wide array of security and safety alerting sources from different vendors, such as video surveillance systems, access control, intrusion sensors, alarm panels, fire and safety sensors, radars, among others.
It can also fuse and display information from Geographical Information Systems and Geographical Positioning Systems, to rapidly determine exact incident location, and how best to respond. It has been installed at dozens of implementations worldwide and is used by governments, transportation and critical infrastructure security organizations to enhance situational awareness and accelerate response time.
Orsus customers include among others, American Electric Power, Aqua America, Israel Air Force, the U.S. National Guard, Port of Houston Authority, Transnet Freight Rail and Virginia Port Authority.
“Adding this solution to NICE’s comprehensive security offering is a perfect fit to our strategy of building a unique offering that leverages our core competence in capturing, managing, and analyzing massive amounts of unstructured data, and combining them with state of the art proprietary security technology,” said Israel Livnat, president of the Security Group at NICE Systems. “This acquisition follows a successful partnership with Orsus. The integrated solution will help our customers overcome the challenge of managing multiple siloed security and safety systems, for better protecting city centers, transportation hubs and critical infrastructure. We look forward to having the team of industry leading innovators from Orsus join NICE.”
NICE Systems is headquartered in Israel. Orsus has offices in New York, London, Los Angeles and Tel Aviv.
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