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Announced

Completed

SECOM completed a $192m investment in Eagle Eye Networks and Brivo.

Financials

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Transaction Value£153m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Minority

Private

Acquisition

Cross Border

Completed

Software

application software

United States

Synopsis

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SECOM, a security integration company, completed a $192m investment in Eagle Eye Networks, a cloud video surveillance company, and Brivo, a cloud-based access control and smart space technologies provider. “The SECOM investment underscores that cloud and AI are the future of physical security. Both Eagle Eye and Brivo will use a significant portion of the investment to further develop AI that dramatically improves the security of enterprises and businesses globally. The Eagle Eye and Brivo open platforms provide customers with choice, efficiencies, and innovation, all of which this investment will accelerate,” Dean Drako, Eagle Eye Networks Founder and CEO.

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