NICE To Acquire Orsus, Provider Of Security Mgmt Software Solns

NICE Systems, a global provider of advanced solutions that enable enterprises and security organisations to extract insight from interactions, transactions and surveillance to drive business performance, reduce risk and ensure safety, has announced the signing of a definitive agreement to acquire the security management solution assets of Orsus, a provider of security management solutions.

Under the terms of the agreement, NICE will be acquiring the security management solution assets of Orsus in an all-cash transaction for a total consideration of $22 million, subject to certain adjustments. The transaction is subject to the satisfaction of customary closing conditions and is anticipated to close towards the end of the fourth quarter of 2009.

The integration of Orsus’ security management software with NICE’s security solutions, complemented by its vertical domain expertise, will enhance NICE’s position in the security market, and enable its customers and partners to better protect city centres, transportation systems, critical infrastructure, and enterprise campuses.

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Orsus’ Situator security management solution provides a framework for fusing data silos from disparate security and safety systems as well as multiple command and control centres, into a single, holistic operational view and automating security procedures.

Situator’s open architecture enables integration with a wide array of security and safety alerting sources from different vendors, such as video surveillance systems, access control, intrusion sensors, alarm panels, fire and safety sensors, radars, among others. It can also fuse and display information from Geographical Information Systems (GIS) and Geographical Positioning Systems (GPS), to rapidly determine exact incident location, and how best to respond.

“Adding this solution to NICE’s security offering is a perfect fit to our strategy of building a unique offering that leverages our core competence in capturing, managing, and analysing massive amounts of unstructured data, and combining it with state-of-the-art proprietary security technology,” said Israel Livnat, President of Security Group, NICE Systems. “This acquisition follows a successful partnership with Orsus. The integrated solution will help our customers overcome the challenge of managing multiple siloed security and safety systems, for better protecting city centres, transportation hubs and critical infrastructure. We look forward to having the team of innovators from Orsus join NICE,” Livnat concluded.