29 OCTOBER 2018
RightCrowd Limited (ASX:RCW): RightCrowd today announced it has executed an agreement to acquire 100% of the shares of US-based, security and safety solutions specialists, Offsite Vision Holdings, Inc. (Offsite Vision), with the completion of this transaction having occurred today.
To read the announcement, click here.
In commenting on today's news, RightCrowd CEO Peter Hill said, "RightCrowd is very excited about the acquisition of Offsite Vision. Its product suite is extremely complementary and will enable RightCrowd to extend its reach in the Physical Security Market, with a highly differentiated offering."
Hill also noted, "With constant global security risks, organisations must have better ways to improve people's security and safety. The combination of our solutions will greatly improve the management and evacuation of people, particularly in highly populated facilities such as large buildings, convention centres and arenas."
RightCrowd software transforms the business impact of safety, security and compliance programs. RightCrowd solutions enable organisations to integrate business, operational and security systems, and automate the management of critical safety, security and compliance processes.
Founded in 2004, RightCrowd has spent 14 years working with the best of the best in the physical security industry, in deep research development. RightCrowd is successfully deployed in large global organisations, including Fortune 50 and ASX 10 companies.