Author Bio ▼

IFSEC Global is the online community for the Security and Fire industry. Our market-leading live events span the globe, connecting buyers and sellers.
February 5, 2021

Sign up to free email newsletters

Download

Whitepaper: Effective Techniques for Robust OT Security

Acquisition news

IDIS acquires KT Powertel to extend secure mobile comms and IoT capability

IDIS has acquired a controlling (44.84%) stake in KT Powertel, the radio communications subsidiary of telecoms giant KT Corp.

IDIS-KTPowertel-21.The move is designed to strengthen IDIS’s offering in the security and safety sectors, with customers said to benefit from powerful push-to-talk over cellular (PoC) communications solutions, and an emerging generation of advanced safety and security systems encompassing a range of IoT devices.

KT Powertel has been leading the development of LTE broadband wireless radio technologies in Korea’s domestic market. The acquisition will now enable IDIS to capitalise on this expertise in South East Asia and expand its capabilities globally. The company believes the move will strengthen its position as a provider of complete, end-to-end video solutions that are easier to install and that offer true flexibility and ease-of-use, and deliver on the promise of low total cost of ownership.

“In Korea’s highly competitive and advanced home market KT Powertel has been a mobile communications leader for over 35 years, with more subscribers nationally than any other provider, delivering consistently strong sales and profits,” says IDIS, Chief Executive Officer, Y.D. Kim.

KT Powertel developed one the world’s first blind spot-free LTE radio services, Power Talk, and PoC communications solutions. PoC radios support advanced functions including instant group calling, messaging, GPS location tracking, and emergency notifications. This, combined with LTE cellular networks, provides the bandwidth necessary for advanced video and data applications.

The two vendors highlight how KT Powertel’s depth of expertise in communications technology aligns well with IDIS’s focus on video surveillance and analytics solutions operated through a choice of video management systems and controlled via authorised access to client software or mobile applications. The acquisition, from KT Corp, will strengthen IDIS’s position in key markets including critical infrastructure applications, and both government and commercial sectors.

The move will also further boost IDIS’s R&D capabilities in crucial growth areas including IoT.

Recent analysis estimates that the number of businesses using IoT technologies has risen from 13% in 2014 to around 25% today, with rapid acceleration now expected. Growth will be driven by the introduction of new and more capable sensors, more computing power, and more reliable mobile connectivity. As sensor technology becomes more powerful and affordable, it will become easier to expand and adapt security systems with a growing toolkit of remote add-on devices.

“As we look forward, video solutions will need to be increasingly convenient for customers to use on the move, and they’ll need to be more flexible to install and extend with IoT and wireless technology. In all these specialisms, IDIS’s acquisition of KT Powertel will extend its expertise as it develops leading-edge solutions to increase security and safety in a range of applications,” added Mr. Kim.

Free Download: The Video Surveillance Report 2020

Discover the latest developments in the rapidly-evolving video surveillance sector, directly from the people at its heart. We surveyed hundreds of professionals working in the field to bring you the 2020 Video Surveillance Report. Responses come from installers and integrators to consultants and heads of security, as we explore the latest trends in the sector including video analytics; cloud-based storage solutions; VSaaS; cyber security; the impact of COVID-19 and more!

Download for FREE to discover top industry insight around the latest innovations in network cameras and video surveillance systems.

VideoSurveillanceReport-2020

Related Topics

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments