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Magal Security Systems

Magal S3 acquires global software company Aimetis Corp.

Move diversifies and expands its product portfolio
 - 
04/12/2016

YEHUD, Israel—Magal Security Systems, Ltd., located here, announced that Senstar, its fully owned subsidiary based in Canada, acquired Aimetis for an enterprise value of approximately $14 million.

FIMI to be Magal’s majority shareholder

 - 
08/04/2014

YAHUD, Israel—Magal Security Systems, a provider of solutions and products for physical and cyber security, announced July 30 that FIMI Opportunity Fund, a private equity fund based in Israel, has entered into an agreement with Ki Corporation Limited, to acquire from Ki approximately 40 percent of Magal’s outstanding shares at a price of $3.50 per share.