Digital Barriers buys Stryker Communications
Surveillance technologies group Digital Barriers has snapped up Stryker Communications for an initial £750,000.
Surveillance technologies group Digital Barriers has snapped up Stryker Communications for an initial £750,000.
A further payment of £750,000 will be paid, "Dependent upon the successful satisfaction by Stryker of certain financial and operational targets in the period from completion of the Acquisition to 30 September 2012," Digital Barriers explained.
Stryker, which designs and develops covert and overt wireless video surveillance products, provided a wireless surveillance system for the Brooklyn Bridge, New York.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Commenting on the acquisition Digital Barriers Managing Director Colin Evans said, "Stryker brings an impressive range of surveillance products and, importantly, a sophisticated product engineering capability to our group."
--
cj
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Nationwide hikes FlexPlus current account fee by £5 a month – is it worth it?
Nationwide’s FlexPlus current account is a favourite with customers, but it’s worth checking whether you are taking advantage of the perks after the monthly fee went from £13 to £18
By Katie Williams Published
-
Santander launches online pension that offers up to £1,000 cashback
Santander's self-invested personal pension offers customers cashback of up to £1,000 if they invest before 25 April next year - here is everything you need to know
By Chris Newlands Published