MONTREAL-BASED Valsoft Corporation, the owner of Innovative Business Software (Innovative), has acquired security business Bold Communications in a move designed to drive expansion of the former’s presence here in the UK. The acquisition will strengthen Innovative’s product offer with the inclusion of Bold’s CCTV alarm event handling and lone worker protection services.
Innovative provides security technology in the Nordic region and is a member of the MIT Group, an operating portfolio within Valsoft Corporation. The latter specialises in the acquisition and development of vertical market software businesses.
Bold Communications is one of the UK’s most prominent alarm monitoring platform providers and, for over 30 years now, has developed alarm communications and management systems for the central station and Alarm Receiving Centre (ARC) market. The company supports more UK alarm and CCTV monitoring Control Rooms than any other supplier, in fact, and is a recognised leader for security monitoring solutions thanks to its Gemini software platform.
Commenting on the acquisition, Dennis Bang Andersen (vice-president at Innovative) said: “We’re excited to build on Bold’s distinguished reputation, established over 30 years in the UK security industry. This acquisition marks another milestone in our ambition to establish Innovative as the leading vendor of alarm receiving and handling solutions in the EMEA region. We’re delighted to welcome our new colleagues to the team. Together, we can look forward to supporting our customers in the UK and the Nordics into the future with Best-in-Class solutions and services.”
Bold Communications’ managing director Brian Kelly responded: “The synergies between Bold Communications and Innovative were clear to both businesses. I look forward to building on the fantastic brand and products we’ve developed here at Bold. We will, of course, continue our tradition of Best-in-Class customer service in the UK, while at the same time actively supporting Innovative’s roadmap for continued expansion in the EMEA region.”
Danish company Innovative was founded in 1982 to create an entirely new market for Control Rooms by using the latest technologies to dramatically increase productivity in ARCs.
The company specialises in developing incident management software for private and public institutions. Its flagship product is the Innovative Security Manager.
Bold Communications’ Gemini solution handles alarms, CCTV, audio, asset tracking, access control, telecare and personal protection with a comprehensive range of interfaces and modules. Designed and developed in the UK and boasting global users, Gemini leads the operator through an easy-to-follow alarm handling process, providing all of the required information and task details on a single screen.