Ottawa-based Amika Mobile, a provider of situational awareness software, was recently acquired by Genasys Inc., a global provider of critical communications systems, based in San Diego, Calif.
According to a statement issued by Genasys, the transaction has been approved by the boards of directors of both companies. The parties expect the transaction to close within the next 30-60 days, subject to customary closing conditions, including regulatory review.
Under the terms of the acquisition, Amika Mobile will become Genasys Communications Canada and rebrand its products. The company is expected to retain the entire Amika team with plans for further growth.
“Combining our technology and product offerings and leveraging Amika Mobile’s customer base and the synergies of our engineering teams better positions Genasys to fully address and successfully compete in several large vertical markets,” said Richard S. Danforth, CEO, Genasys in a statement.
“The combined suite of critical communications capabilities is expected to accelerate our software business growth. Our enhanced platform empowers companies, governments, communities, educational and medical institutions to improve safety and security for employees, residents, students and staff, and alleviate potential threats from pandemics, severe weather, natural disasters and other crisis situations.”
“Our software platform for on-premise, cloud or hybrid operations is designed to be fully scalable for small businesses, or large deployments with millions of users,” added Amika Mobile’s CEO Dr. Sue Abu-Hakima. “We are very keen to quickly integrate our products and platforms to accelerate Genasys’ software and revenue growth.”
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