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September 22, 2010

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Digital Barriers acquires COE

A statement from Digital Barriers says the acquisition is “the next step in its strategy to build a leading mid-market business in the homeland security and defence sectors”.

For Digital Barriers, the acquisition of COE will bring expertise and innovative technologies in the transmission and management of video over IP, fibre and hybrid video networks.

“Digital Barriers, founded by the leadership team behind Detica Group, will provide COE with access to a deep heritage in national security and the backing of a business with a market capitalisation of approximately GB pound 40 million and net assets in excess of GB pound 20 million,” the statement continues.

Great potential to embed expertise

Ian Jefferson, chief executive of COE, said: “We bring more than 20 years of heritage in video surveillance to the party, helping to secure high-profile sites around the world. I see great potential to embed our expertise and technologies in an organisation that’s able to address the most demanding of security requirements and has ambitions to build both its scale and reach.”

Tom Black, executive chairman of Digital Barriers, explained: “This is an exciting acquisition for Digital Barriers, significantly enhancing our capabilities in complex surveillance and extending our reach into a number of international markets and sectors.”

COE will be an important component of Digital Barriers’ strategic objective to deploy focused, proportionate and cost-effective security solutions that combine innovative new technology with expert capabilities.

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