$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 ********

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

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*** ********* ********* ***** ***** ** ******** ** *** ******* 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)

Paul Shah

02/07/17 06:56am

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

John Honovich

IPVM | In reply to Paul Shah | 02/07/17 09:06am

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

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

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

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

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