5th Acquisition for ACRE, Adds ComNet

By: Brian Rhodes, Published on Dec 14, 2016

Mercury, Siemens Security, Vanderbilt, ACT and now ComNet.

While other companies are trying to get out of security, emerging conglomerate ACRE continues to expand.

In this report, we examine their acquisition of ComNet, how that fits into their portfolio, plus share feedback from ACRE's CEO.

*******, ******* ********, **********, ACT *** *** ******.

***** ***** ********* *** trying ** *** *** of ********, ******** ************************* ** ******.

** **** ******, ** examine ***** *********** ** ComNet, *** **** **** into ***** *********, **** share ******** **** ****'* CEO.

[***************]

ComNet **********

****** ** * ********** specialist ** ** **** say '************ *********' ******** ******* in ****, ********* ** the **** **** *** sold***(************* ***** *******), * similar ******* ********* *****,** ** ******** ** a **** ********** ***** to $*** *******. ** Security *** ************ ********* by **********.

******'* ** *** ** several ****-**** **********, ***** inception *** *** **** with****** *** *** ******* George *************** *** ******* ******* this ****. **** **** the ****** ********** **** is ******* ** ***** including ****** ********* ****** [link ** ****** *********]********* [**** ** ****** available].

ComNet ******* *********

******'* ******* ******** ** network **** *** ***** commercial, **********, *** ************** markets. *** ******* ************* select ******** **** *** *********** base, ****** *** ***** ***** transmission *** ***** ********** [link ** ****** *********]. However, * ****** ** products, **** ** ******** switches, ****** ********, *** media ********** *** ******* from ******* ********* *** sold ***** *** ****** brand.

***** *********, *** *******'* offerings **** ***** ***** use ** ***** ************ and ****** ******* *******, especially *** ********** ************ or ***** ***** ****** are ******. **** **** that "********, **************, ******* and *** (*********** ******* Systems) *** *** ******* equally ********* *** ******* markets *** ******.

Competitive ********

** *******, ****** ** recognized ** * ******-***, higher ****** ******** *** network *********. ** *******, the *******'* ****** ********** and **** ******* **** been ********** ** **** of *** *****'* ***** proposition ** *** ********* *****. Particularly ** *** ****, when ******* ****** *** less * **********-******** ** high ******** ***** ** security ***********, *** ***** offered **** ********* *** specification ******* ******** ** make *** **** ****** to ******.

*******, *** ************ *********** of ******** ********** ******* skill *** ********* ************ of *********** ******* ********* from ******** **** ******** the *******'* ***** ** the ******.

** ****** ** ******* with ***-****** ****, ****** released *** "*********", *** **** ***** low ****** ***** *** often ** ** ** higher **** **** ******** consumer ****** ******** ********* meeting **** ** *** same *********** *****.

ComNet's *** **** ******* ******** & **********

**** **** ****** **** operate ********** *** ** immediate ***-**-*** ******* ** planned, ******** *** ******* over ****:

"****** **** ******* ** a ******** ******** ******* under ****'* ******* ******* structure, ********* ******* *** Vanderbilt. ** ******* ***** are ******* ************* ***** we **** ******* ** a **** ** **** manner, ********* *****-*******, ******** integration **** ****** ******* products, *** ****** ************* growth *************."

**** **********

** ******** ** *** *** ***** ****** **** Access ****, **** *** ********* ******* access ******* ******* ********* and *************.

****** ******* ******* *********** [link ** ****** *********] (ACRE, ***) ** *** operations ********** *** *** a **** ***** ** investment ******* ********* ******* on ******** ****** *******. The ******* ***** ******* ********** firms ** ********, ************ billions ***** ** ******* equity ***** **********.

*** ***** '* ********* includes******* ********, **** **** ********* in****** ****,********** **********, ********* ** ****, and *** ******* ******** Products, ***** ** ***** consolidated ***** *** ********** brand. *** ***** ******** price ** ***** ********* is ********* **** *** hundred ******* ****** *****, easily ********* ******* ******* employees.

*** *** ** **** is *** ****** [**** no ****** *********], * seasoned ****** ******* *********, who ******** ****** ***** ******'**** ****** *** *********** by **** *****. ****** remained ** ********* ********** at **** ***** ****, afterwards *********** ******* ******* *** ****** HID ********* **** **** [link ** ****** *********] in ****.

Also ****** *********** - ***

*** ****** **** ** not *** **** ****** buy **** ****. *** of *** ******* ****'* companies, **********, ********* **-***** access ******* ************ ******* **********(***) ** ******** ****. While *** * **** with *********** ****** ** worldwide ****** ******, **** ********* the *** **** ******* functionality **** ******** *********, namely * ***** ***** access ********:

"*** ******** ********** * cloud-based ********, ****** [**** no ****** *********], ***** has **** ******* **** Vanderbilt's *********. ** **** to ********* ** *********."

** ***** ** *&* activity, **** *** ***** ** be ********* ** *** access *******, *** *** general ***-******* *** ******* markets.

Race ** *** ****** ********

*** ****** ***** ** ACRE's ************ ** **** the ********* ******** *** less '****' *** **** far **** ********* **** commodification / *** **** to *** ****** ** they *** ********* ***** specialists **** *****, **** aggressive ***********.

Operational ******** *** *** ******** *****

**** ******* ** *** ~5 ********* ** ****'* portfolio, *** ********* ** not **** *** * clear '*** ** *** solution' *** ** ******* to ** **** '*** to ***' ** *** ****'* primary ****. ******, **** look ** ** **** of * ********** ******* company **** *** ******** *********** efficiencies ** ******** * portfolio ** ******* *** not ******** *********.

Comments (2)

Rodney Thayer

12/16/16 07:21pm

I think ComNet is a fine race-to-the-bottom player due their selling (yawn) vanilla industrial switches with an unimpressive set of managed switch features. Not obviously secure stuff either. ComNet is one of those "com-who?" vendors you find when the integrator came up with some off-base answer to a request to install a decent industrial/managed switch.

Michael Miller

In reply to Rodney Thayer | 12/16/16 08:55pm

In your opinion who makes a "decent industrial/managed switch"?

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