Optellios to merge with Senstar
Ottawa-based Senstar Corp., manufacturer of perimeter intrusion detection systems (PIDS), announced Wednesday that following the signing of a definitive purchase agreement of Newtown, Penn.-based Optellios, a provider of fibre optic sensing technology, it intends to conclude the transaction in April 2014.
Brian Rich, Senstar’s president says in a statement, “Senstar is the number one global provider in the PIDS market, offering the broadest portfolio of technologies. The merger with Optellios adds key advanced fiber optic sensing technology to our offering and strengthens our position in the market. I would like to welcome the talented Optellios staff to our company.”
Kevin Bradley, vice-president of sales and marketing at Optellios adds, “We at Optellios have always looked at Senstar as the global market leader and this transaction allows the two market leaders to join forces, to offer a broader portfolio of products and services to customers around the world. We are proud to become part of Senstar.”
Senstar and Optellios will both be exhibiting at the upcoming ISC West show in Las Vegas, April 2-4.