Announced

Senstar to acquire Blickfeld for €11.4m.

Synopsis

Senstar, a provider of integrated physical security solutions, agreed to acquire Blickfeld, a provider of LiDAR technology hardware and software solutions, for €11.4m. "Combining Blickfeld's proven, semiconductor-based LiDAR solutions with our portfolio expands our addressable market, enhances our situational awareness capabilities, and opens new prospects across the transportation and industrial verticals globally. Blickfeld's real-time 3D monitoring extends our intelligence capabilities in meaningful ways, and together, we can deliver a more comprehensive solution set to our customers. We welcome Blickfeld to the Senstar team and are enthusiastic about the transformation it brings to our growth trajectory," Fabien Haubert, Senstar CEO.

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MergerLinks - Senstar to acquire Blickfeld for €11.4m.