There was not a free chair in the Lakehouse conference room here at PSA-TEC in Westminster, Colo. yesterday afternoon during two panel discussions that addressed topics such as: M&A, cybersecurity and managed services.
John Mack Imperial Capital said that there’s been “more significant M&A activity in the past year than in the previous 30 years.” He called that “generally good news” and predicted M&A activity will continue. He noted that new entrants into the security industry are not “taking share away” from others. Rather, new entrants are helping the security industry grow, and they’re bringing “new and interesting technology.”
NetOne’s Dave Carter said the flurry of M&A can be a concern to NetOne if a member company (there are 28) is acquired by an outsider (as happened when Safeguard Security was acquired by SAFE) However, that is not normally the case. “For our companies, in the regions they operate, they are the acquirers,” Carter said.
Brent Franklin of Unlimited Technologies looks at all of the M&A activity as an opportunity. “While the big guys are turning the battleship in the dock … [Unlimited can] pop up into that space and serve their customers,” he said. For the full article click here
from cyber security caucus http://ift.tt/1T9P3Ix
via IFTTT
No comments:
Post a Comment