$18.7M PSIM Acquisition Examined (IDV / Everbridge)

Author: Brian Karas, Published on Feb 06, 2017

This may be the biggest deal for a PSIM developer ever. In a segment that has disappointed for more than a decade, a recent IPOed company has bought a PSIM provider.

IDV Solutions, the PSIM behind Microsoft's Domain Awareness System, has been acquired by Everbridge, a company specializing in notifications/messaging for critical event management. Everbridge paid $18.7M for IDV solutions, with the goal of using IDV's platform to further their strategy of building a critical event management system.

Everbridge CMO Joel Rosen offered insight about Everbridge, and how they are targeting the security industry with their platform.

**** *** ** *** ******* **** *** * **** ********* ever. ** * ******* **** *** ************ *** **** **** a ******, * ****** ***** ******* *** ****** * **** provider.

*** *********, ******* ****** *********'* ****** ********* ******, *** **** ******** ************, * ******* ************ ** *************/********* *** ******** ***** **********. Everbridge **** $**.** *** *** *********, **** *** **** ** using ***'* ******** ** ******* ***** ******** ** ******** * critical ***** ********** ******.

********** ******* ************ ******* ***** **********, *** *** **** *** ********* *** security ******** **** ***** ********.

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

Everbridge ********

********** ** * ******** ****** ******* (****, *** ** ********* ****), **** * ****** *** ** ~$500M *** **** ******* ** ~$*** *******.

**********'* **** ******* *** **** * ************ ********, ********* **** by **** ***** ************, *********, ********, *** ******* *********, ** manage ************* ** ***** *** ********* ****** ** *********. *** platform *** **** ************* *** ******** *******, **** ** *****, SMS, ** ***** *****, *** **** ******** *** ******* ***/** adapt ** ** **** ******** ** *** *********. ** ** example, * ************ ** * ******** ********* ******** ***** **** all ********* ** *** ******** ** **** ***, ***** ******* employees ** ******* ******** ** ******** ** ** ******* ** possible.

*** ********* ********* ***** ***** ** ******** ** *** ******* Everbridge ******** ** *****:

*** ******* ** ********* **** ******** ** ** ****** ************ management ** **** ******* ********* ** ********** **** *** **** to ******** ***** ** ** ****, *** * ************* ** where * *******'* ********* *** ******** ** ******* *****. *** goal ***** ** ** ****** ******** ******** ** **** ** an ******** ********** ********, ** ****** ************* ** ***** *** notify ********* ****** ** ****** ******** ******.

IDV ******* ***

*** *********** ** ******* *** ******** ** ******, **** ** employees ** *********, ***** **** ******* ** ***** **** ******, such ** ******** ** ***** *******.

***'* ******* *********** **********'* ***** ************* ** ******** ***** ** see *** ********* ******* ** *** ****** ***** ****. *** two ********* *** ******* ****** ******** ** * ****** ** projects, ****** *** *********** * ******* ***, ********* ** **********'* CMO.

** ******* ** ***'* *********, *** * **** *****, *** be **** *****:

Acquisition *******

********** **** $**.** *** ***, ***** *** ********** ****** ~$**, and *** **** ******** * ********* *** ******* $*.** ** be **** *** ***** ** **** *** *********** ******* *** the *******. **** ***** ** ***** ******* *** * **** acquisition (****/***** $***,******/****** ******* ** ~$***,***/******** ******* ** ** *** *****), *** ** *** ********** $*.** ** ******** **** *** could **** ** *** **** ********* **** *********** ***.

****** **** ***** **** ********, *** *** **** ** * SaaS *******, **** ********* ****** ****** *************, ********* ** ****** of $***,***, *** *** *******. **** ****** *** * ******** impact ** *** *********, **** *** ******* ****** **** ******-********** future ******* ***********.

***'* ******* *** *** *********, *** *** ** ********* ** Everbridge's ****** ********* *******. ** ******** *** ****** ******* ** be *** ** *** $* - $* ******* *****, ** Everbridge's ********** **** ********* (*:* ***** / *****) ******** ** the ******** ******** (******* *:* ***** / *****) ***** ***** them ** ****** * ****** ********.

*** **** ******** ** ******* ****** *************, *** **** *** be ******* ** "** ********** *******" ** **** *** *********** clear, ******* ********** *** ***** *********** *** *** ******** ** their ******, ********* ** **********'* ***.

Market ******

**** *********** **** ****** **** ****** ******, ******** ** ********, on ********* **** ********* **** ****** ** ***. ******** *** provided **** **** *********, ***** ****** ****** *** **** **** about **** ********** *** *********** ** ******** **** *******, **** the *********** ****'* **** *** **** ***** ****** *********** *** event **********. **** ****** **** **** * **** *********** ******* and ********* *********** *** **********.

**** **** ***********/******* ***********, **** *********** *** ***** ** ***-******** ************* **** ************* product *********. ***** **** ********* ******* *** ** *********** ***** may ** **** ** *** * ******* ******** ** **-******* with ****-******** ********.

Comments (2)

**** ***** ** *** ******* *****/***** *** * **** ******* in *** ******** ********?

**** ***** ** *** ******* *****/***** *** * **** ******* in *** ******** ********?

***** *** ******** *** ****** ************ *** ******** ******** '****' companies ***** **** ** ****** *** / ******* ** ******** security.

*******, ***** ********* *** ******* ** ***** **** * ********* structure ** ****. **** *** ************* *** **** ****** **** many **** ********* **** **** **** **** ********* *** ***** subscriptions.

***** ********* *** ********* ****** ** ********* ** ********* ******* revenue (***) *** *** ***** ******** ***** ** ** ** 48x ** ***. ********** ****** ** *****, **** ***** ** average ******/***** ***** ** * ** * ** *, ***** is ****** ****** **** ***********, *.*. (*** ** **** **** ******** **********).

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Amazon Acquires Blink on Dec 22, 2017
Amazon has made their first significant acquisition in the connected home space, buying wire-free camera manufacturer Blink. We examine Amazon's...
Industry Vet Buying Integrators For New Conglomerate (DFENDUS) on Dec 21, 2017
Industry veteran Dan Marston has started a new company, DFENDUS, with the specific goal of buying up integrators to form an operating...
Sentry360 Bankruptcy on Nov 30, 2017
Sentry360, a US-based video surveillance manufacturer, most well-known for its panoramic cameras, has filed for Chapter 7 bankruptcy. In this...
Video Developer Digital Barriers Selling Off Its Video Business on Oct 31, 2017
~92% of Digital Barrier's $32M USD revenue is from video surveillance. The company is most well known for its products such as perimeter detection...
Genetec Citigraf Big Data Platform Analyzed on Oct 26, 2017
A big industry debate is whether VMS software is now a commodity. However, Genetec believes it can charge a substantial premium for higher-end...
Assa Abloy Acquires August on Oct 25, 2017
The mega access control manufacturer, Assa Abbloy, has acquired one of the most well funded access control startups, smart lock...
Failed Arecont China Acquisition on Oct 25, 2017
Arecont cameras are not the only things that fail. Arecont spent months trying to be acquired by a Chinese manufacturer, only for the deal to...
ADI To Be Spun Out of Honeywell on Oct 10, 2017
Honeywell has announced it will spin off ADI and its Home products division into a new public company. This is a big move for the mega-security...
Vivotek Delta Acquisition Concludes on Oct 02, 2017
On August 8, 2017, Delta Group made an offer to acquire Vivotek. Now, the acquisition process has concluded. Inside this note, we examine the...
ASIS Show 2017 Final Report on Sep 27, 2017
ASIS is in Dallas for 2017 and this is our final show report (compare to our 2016 ASIS show report). When walking in, one is greeted with Dahua's...

Most Recent Industry Reports

PoE Powered Access Control Tutorial on Jan 19, 2018
Powering access control with Power over Ethernet is becoming increasingly common.  However, access requires more power than cameras, and the...
If You Have 4 Cameras, You Can Throw Them Away, If You Have 400, They Throw You Away on Jan 19, 2018
Do users care about anything but price? Do user care about cybersecurity? Do users care about trusting their supplier? These have become...
Chinese Government Hikvision Surveillance System On US Government Network on Jan 18, 2018
Hikvision, the Chinese government-owned manufacturer, has publicly claimed that their products are running on a US government network. Moreover,...
Winter 2018 Camera Course on Jan 18, 2018
Learn video surveillance and get certified. Register now. Save $50 on the course, ending this Thursday the 18th, plus get access to 2 class times...
VSaaS Usage Statistics 2018 on Jan 18, 2018
VSaaS has been a 'next big thing' for more than a decade. The prospect of managing, storing and streaming video from the cloud rather than...
Vivint Streety Video Strengthens Door Knocking on Jan 17, 2018
Vivint is famous (or infamous depending on your perspective) for mastering large scale door to door selling. The company has skyrocketed from a...
Axis: "It’s A Question Of Trust And Who You Want To Be Associated With" on Jan 17, 2018
Who do you trust? Who do you want to be associated with? Axis is raising hard questions to start 2018. In this note, we examine these questions,...
Software House Vulnerability Allows Inside Attacker To Open Doors on Jan 17, 2018
A vulnerability in Software House IP-ACM modules allows an attacker to potentially unlock doors, or perform other actions, on affected systems....
'Defiant' Hikvision 'Strikes Back' At WSJ And US on Jan 16, 2018
The fight is on. Hikvision and their owner, the Chinese government, 'strikes back' against the Wall Street Journal and US politicians raising...
The 2018 Surveillance Industry Guide on Jan 16, 2018
The 300 page, 2018 Video Surveillance Industry Guide, covering the key events and the future of the video surveillance market, is now available,...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact