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Magal S3 acquires global software company Aimetis Corp.

April 12, 2016SSN Staff

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.Aimetis, a Canadian-based company headquartered in Waterloo, Ontario, is a global company specializing in intelligent IP video management software (VMS), and was recently recognized by Deloitte, a consulting and accounting firm, as one of the fastest growing technology companies in North America.“Aimetis'...

Aimetis, Brian Rich, Magal Security Systems, Marc Holtenhoff, Saar Koursh, Senstar

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