Verint Acquires PSIM Technology

Verint Systems today announced the acquisition of Rontal Engineering Applications Ltd., a privately-held provider of situational awareness solutions. This acquisition expands Verint's portfolio of security intelligence solutions, powering the launch of Nextiva PSIM-a platform that captures information from a variety of security, safety and corporate systems- and enabling the fusion of information for users to quickly and efficiently view, correlate and analyze data to identify, initiate and manage response to situations in collaboration with other security agencies.

Nextiva PSIM enables organizations to gain immediate situational awareness and faster response leveraging an intuitive 3D multi-layer user interface, efficient organizational control and management through systemic procedures and standards, contingency planning capabilities for natural disasters and calamities, reduced operational costs through efficient deployment of equipment and resources, and optimized planning and preparedness for situations using virtual simulations alongside debriefing and analysis. Nextiva PSIM is an important addition to Verint's award-winning Nextiva end-to-end IP video portfolio.

"This technology acquisition adds an important dimension to our comprehensive suite of security intelligence solutions and further strengthens our market leadership position," says Elan Moriah, president, Verint Video Intelligence Solutions and Verint Witness Actionable Solutions. "We have been offering PSIM technology within our solutions portfolio through a successful OEM agreement. The launch of Nextiva PSIM demonstrates our continued commitment to delivering innovative and comprehensive solutions to our customers, enabling them to derive enhanced value from their security investments."

Frost & Sullivan, a leading global analyst and consultancy firm, projects that the world market for PSIM software will continue to see high adoption. Defined by the firm as "a fundamental component for the next generation fully integrated physical security environment to offer advanced functionalities and present a clear ROI," Frost & Sullivan views PSIM as a valuable component not only for critical infrastructure, homeland security and law enforcement customers, but for large and medium-sized corporations as well. "With the launch of an entire portfolio of state-of-the-art IP video products and an advanced physical security information management system, Verint is a must-stop shop for organizations looking to take their security operations to the next level today and into the future," says Dilip Sarangan, senior industry analyst, Frost & Sullivan.

Organizations that are looking for the next level of security management solutions for their security operations can use Nextiva PSIM-delivered to them from a proven market leader-to capture, analyze and distill vast amounts of information to gain the actionable intelligence they need to help make their organizations safe and secure.