PSIM CNL Acquired By Everbridge

By: John Honovich, Published on Mar 09, 2020

The end has finally come for CNL. Despite for years saying they would revolutionize the industry, they have been taken over in a footnote of a financial filing for Everbridge.

But it still is a modest outcome for the company, though far less than what they envisioned.

The bigger story is how big and formidable Everbridge has become, a company whose stock has increased 700% over the past few years.

Inside this note, we look at the outcome for CNL, the outlook for Everbridge and how Everbridge's investor success is a good comparable for Verkada.

*** *** *** ******* come *** ***. ******* for ***** ****** **** would ************* *** ********, they **** **** ***** over ** * ******** of * ********* ****** for**********.

*** ** ***** ** a ****** ******* *** the *******, ****** *** less **** **** **** envisioned.

*** ****** ***** ** how *** *** ********** Everbridge *** ******, * company ***** ***** *** increased ***% **** *** past *** *****.

****** **** ****, ** look ** *** ******* for ***, *** ******* for ********** *** *** Everbridge's ******** ******* ** a **** ********** *** Verkada.

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

Acquisition ********

**********'* **-* *** ************* *** **** *** a ~$** ******* ******** price:

** ******** **, ****, we ******* **** * Stock ******** ********* **** CNL ******** ******* (“***”) for * **** ************* of ************* $**.* *******.

********** ****:

** ******** *** *** its ********* ********** ****** to ******* *** *** suite ** ********* ** broaden ******* *** *** applications.

**** *** * ** 4 '****-**' ***** **** Everbridge *** **** ** the **** ****:

** ******** *********** ** April ****, *** ** August ****, ********** *** CNL ** ******** ****

CNL ******* / ****

** ******** ***'* ******* to ** ***** $** million ** **** **** able ** ****** * small ******* ********* **** UK ********* ******* *** have ******** * ****** niche ******* ******* ***** nearly *-****** *********.

************, ******, **** ~$*.* million ** **** *********** over *** *****. *******, the ******* **** **** in **** **** ** has ************ (*.*., **** recently) **** **********.

CNL ************ *********

*** **** **** *** not **** ******* *******,**** ** ********* ******* showing*** ************ ******************* **.*% *********, **** another **% ** **-******* and ********** ************* *.*% ************'* ***, ******, **** ******** *** company's ** ** *******:

Everbridge ********

********** ** * **** notification ******** ******** ** as **** ******** ********** - * '******** ***** management' *******. ***** *** video ***** ********* ***** pitch:

********* **** ********** **** has **** ********* ** CNL. *******, ***** * PSIM **** *** *** focused ** *********** ******** systems, ********** *** **** focused ** ************* **** an ************'* *********.

Everbridge ***** *******

** **** **** * years **** ***** ******, the *******'* ***** *** increased **** **** **, with * ********* ** nearly $* *******:

** **********, *** ***** Everbridge **** *** *** was **** **** *% of ***** *** *********.

Financials ** **********

********** *** * ****** growth **** ** **% CAGR *** ***** *** losses ******** ** **** as **** ***** ********** massively ** ***** *** marketing, ** **** ******* from***** ********** *****:

****** ******* ** ***** income *********, *** *******'* trading ** * ********* of *** ***** ***** appears ********.

*******, **** ********* ****** like ***** *** ******* is **** ** ** a **** ******** **** incredibly *** *****, ******* ******** **** *****:

****** *** **** ****** which ********* **** ******** that *** ***** ********* difficulties *** ******* ******, Everbridge ** ******** * SaaS ******** **** **** 4,500 *********:

Outlook *** ********** / ***

***** **** ** * minor **** *** **********, it ** * ****** safe *** ***** ***** relatively ***** ******** *** market *********.

********** *** *** *** opportunity, **** ***** ***** sales ***** ** ****** and *****-**** ***** ******** base **** ***.

Bloodworth ****** ******

***** ********** ********* **************** ** * ********* and * *********, *.*.:

***** ********** ** *** founder *** *** ** CNL ******** *** ** a ********** ********* *** has ********* *** ****** quo *** ************** *** way ******** ******** ** used. ** ** ********* recognized ** *** ** the *** ** **** influential ****** ** *** global ******** ********.

** *** *** ****, Bloodworth **** **** **** ~$20 ******* **** **** deal.

** *** *****, ** is * ****** *** and ***** *** *** a ******** (****) **** Bloodworth *** ** **** hyped ** ****.

Comparison *** *******

******* *******, ********** ** a ****** **** ********** for *******. ***** **** do *** ******* ********, Everbridge ***** **** ********* will *** * *********** premium *** * **** security ******* **** ***-*****, enabling ** ** ********** losses *** **** ***** as ** **** ** extremely ***** ***** *** marketing ************.

**** ***** ** *** type ** ******** *** outcome *** ******* ** it ***** ** ****** a ********.

Comments (11)

***** * ******* * new ****: '********', ** a ******* **** * value ** **** ** (deca) ******* *******. '*********' are $* *******, *** so **.

***** ****** ****. **** is *** **** *** trillion $ *********? *******?

********?

*****?

**** & $*.** **** get *** ** ********...

"** ** ********* ********** as *** ** *** top ** **** *********** people ** *** ****** security ********."

********** ** ****?

*****. ** ** * UK *** ***, ***** thing.

** *** *** ****, Bloodworth **** **** **** ~$20 ******* **** **** deal. ** *** *****, it ** * ****** sad *** ***** *** for * ******** (****) that ********** *** ** long ***** ** ****.

"*****" ********** ***! ** would *** "*****" "*****" or "*********" *'** **** you ****. **** "*****" would ***** ** * word ******* ** * British **** ;)

****** *** ******* **** story - * ******* missed ** ** *** ISC ******. *** * will **** **** ** the ****** ** ****'** no ****** ****** ** shows. *** **** **** the ***** * *******.

*** *** ** ********** aggressive...if **** *** **** this *** **** ******** as ** ****** ***** says ***** ** *** right ***** **** ***** indeed ** *********.

* ****** ** **** still **** ************ ** do ***-******** ************* ** well ** **** ************ - **** *** *** missing *** **. * will *** ** **** a *** ****** ***** website...

********** *** * ***** of ********* ******** **** I ***** **** ** have. *******, ***** ********** is ***** **** * can *******. ** ** just ***** **** ***** mass ************ *****!

******* ***** ********** *** stepped **** ** *** and ** *** * consultant,*** *** ********:

IPVM Image

Login to read this IPVM report.

Related Reports

Verkada Raises $80 Million, Triples Valuation To $1.6 Billion on Jan 30, 2020
Verkada's rocketing valuation continues. 9 months ago, they got a...
HID Presents Signo on Apr 23, 2020
HID Global presented their new Signo readers they claim read farther and...
Hikvision Global Revenue Falls, Hit By Coronavirus on Apr 27, 2020
Hikvision's global revenue fell in the first quarter of 2020 due to the...
LSP Presents 2nd Generation FP Power Supplies on Apr 29, 2020
Life Safety Power (LSP) presented its FP2 power supply in the April 2020 IPVM...
The Booming Multi-Billion Coronavirus Fever Camera Market on Apr 21, 2020
The market for elevated body temperature detection cameras, aka 'coronavirus...
Verkada Coronavirus Response: Free Temp Systems For Government and Health Care on Apr 07, 2020
Verkada has built a reputation on giving away things for free - free Yeti...
Verkada Lead Investor’s Fundamental Errors on Feb 05, 2020
The man behind Verkada’s stunning $1.6 billion valuation, Aydin Senkut, has...
JCI "Fever Camera" Partners With China TVT on May 19, 2020
Johnson Controls (JCI) is the next big player to get into the 'fever camera'...
Openpath Presents Two Door PoE Controller on May 21, 2020
Openpath presented its new PoE controller at the May 2020 IPVM Startups...
Sunell Panda Cam Body Temperature Measurement Camera Tested on May 14, 2020
Sunell is far less well known than its gargantuan domestic competitors Dahua...
Milestone Launches Multiple Cloud Solutions on Feb 18, 2020
Milestone is going to the cloud, becoming one of the last prominent VMSes to...
Anyvision Layoffs on Mar 19, 2020
Anyvision has conducted a layoff, citing the impact of coronavirus, joining a...
Integrators Rising Against Coronavirus on May 27, 2020
IPVM integrator statistics make it clear - Coronavirus's impact on business...
Axis Discontinues Companion Hardware, Fully NDAA Compliant on Feb 03, 2020
Axis will be fully NDAA compliant, as the company has confirmed to IPVM it is...
Verkada Falsely Claims "First Native Cloud-based Access Control and Video Security Solution" on Jun 18, 2020
Verkada's false claims continue, this time to be the first native cloud-based...

Recent Reports

Taiwan Lilin NDAA Compliant Cameras Tested on Aug 13, 2020
Taiwan-based manufacturer Lilin is taking direct aim at Dahua and Hikvision...
White House Expands Dahua Hikvision Blacklist To Federal Funding on Aug 13, 2020
The White House is expanding the NDAA to blacklist anyone who "uses" banned...
Actual Coronavirus Testing Options Examined on Aug 13, 2020
Fever cameras have emerged as an indirect and flawed way to test for...
Video Analytics Online Show September 2020 Opened - Axis, Avigilon, Bosch, BriefCam, Genetec, Milestone + 30 More on Aug 12, 2020
IPVM's sixth online show will feature 35+ Video Analytics companies...
The German Company Powering Many China Temperature Tablets (Heimann) on Aug 12, 2020
Many fever tablet suppliers market German-made Heimann thermal sensors while...
Salesforce Drops Dahua and Hikvision on Aug 12, 2020
Salesforce has dropped Dahua and Hikvision as customers, forcing the two mega...
Access Control Course Fall 2020 - Register Now on Aug 12, 2020
IPVM offers the most comprehensive access control course in the industry....
Genetec CEO Declares "We Don't Negotiate Payment With Patent Trolls" on Aug 11, 2020
Are patent trolls like terrorists? Genetec's CEO is coming out strongly...
Hanwha AI Analytics Camera Tested on Aug 11, 2020
Hanwha has released their Wisenet P AI camera, adding person and vehicle...
Alabama Schools Million Dollar Hikvision Fever Camera Deal on Aug 11, 2020
The Baldwin County, Alabama public schools purchased a $1 million, 144-camera...
Dahua Taunts Australian Government, Continues To Sell Illegal Fever Cameras on Aug 10, 2020
Dahua is effectively taunting the Australian government by continuing to sell...
HID Releases VertX Replacement Aero on Aug 10, 2020
HID is replacing two established and broadly supported types of access...
NDAA Compliant Video Surveillance Whitelist on Aug 10, 2020
This report aggregates video surveillance products that manufacturers have...
Telpo China Temperature Tablets Tested on Aug 10, 2020
The provider for overseas companies ranging from Canon Singapore to US'...
Dangerous Hikvision Fever Camera Showcased by Chilean City on Aug 07, 2020
Deploying a fever camera outdoors, in the rain, with no black body, is...