March Networks: agreement to acquire Cieffe
March Networks: agreement to acquire Cieffe. March Networks has entered into a definitive agreement to acquire Cieffe and its related company Insignis Technologies.Cieffe develops ...
March Networks: agreement to acquire Cieffe. March Networks has entered into a definitive agreement to acquire Cieffe and its related company Insignis Technologies.
Cieffe develops high performance IP video surveillance solutions used by enterprise-class organisations across Europe, the Middle East and Asia Pacific.
With a reputation for innovative design and advanced functionality, the company’s products are used by leading European financial institutions, and a number of high profile airport, government, and commercial industrial clients for mission-critical security applications.
The agreement is subject to customary closing conditions and is expected to close by the end of March 2008.
Cieffe’s founder and CEO, Fabrizio Colciago, will continue as Managing Director and lead the ongoing evolution and growth of the company’s product line within the Europe, Middle East and Africa (EMEA) region.
