Cloud Security Authors: Pat Romanski, Zakia Bouachraoui, Elizabeth White, Yeshim Deniz, Liz McMillan

Related Topics: Cloud Security

News Feed Item

MSGI Security Solutions Acquires AONet International SRL; Leading Italy-Based Company Delivers State-Of-The-Art Data Center For Safeguarding Transmissions In Law Enforcement And Global Commerce Applications

MSGI Security Solutions Acquires AONet International SRL; Leading Italy-Based Company Delivers State-Of-The-Art Data Center For

NEW YORK, June 2 /PRNewswire-FirstCall/ -- MSGI Security Solutions, Inc. today announced that it has taken the second in a series of material events to expand its presence in Europe by acquiring AONet International, SrL., a leading Milan-based application infrastructure service provider.

AONet (Always On Networks) represents the infrastructural centerpiece of the MSGI service offerings, which are focused on gathering -- and disseminating -- intelligence for global law-enforcement and anti-terrorism initiatives. MSGI is strategically focused on devising product and service solutions to strengthen public safety and homeland security. The AONet acquisition will directly support the company's strategic plan and corporate growth objectives.

The AONet Data Center has been significantly upgraded to keep pace with clients' ever-increasing requirements for secure data housing and transmissions. More than €8 million (approximately $10 million) has been invested in the facility to achieve the highest levels of data security and technological durability. AONet concluded its first year of business in 2004 with sales of €2.5 million (approximately $3 million) operating profitably. Financial due diligence was conducted by the accounting firm of Ernst & Young.

As an application infrastructure service provider, AONet International's outsourcing business supports information and communication technology processes for clients throughout Italy. Specifically, the AONet Data Center, which has 54 employees, supports application hosting, network solution design and management, remote service and on-site support, managed security, and disaster recovery and business continuity. The secure facility consists of 4 floors representing more than 25,000 square feet.

Jeremy Barbera, Chairman and CEO of MSGI Security Solutions, said, "The acquisition of AONet International represents a vital new addition to our technology-based service offerings. Chief among AONet's assets is its state- of-the-art Data Center. This impressive facility will be utilized by MSGI's public and private sector clients to catalog, house, and securely disseminate critical information employed in law enforcement and public safety applications, as well as in international commerce.

"Not only will this acquisition accelerate the consolidation of our operating activities in Italy, it will also expedite our strategic expansion throughout Europe and the United States," Mr. Barbera added.

Powerful synergies exist between AONet International and MSGI Security Solutions' existing businesses. AONet will continue to work closely with Excelsa SpA; one of Europe's leading providers of outsourced video surveillance and security solutions for both civilian and military services customers. The most immediate opportunity will be derived from the lawful interception platform which includes a fully featured and easy-to-use means of gathering intelligence over telephony communications. Additionally, Excelsa is the OEM provider of IP video surveillance services for Telecom Italia, including content storage in secure Data Centers.

AONet will also build new programs with Innalogic LLC - MSGI's wireless software development and network engineering firm. Innalogic, which works with clients such as the U.S. Department of Homeland Security, specializes in developing secure, encrypted software that delivers rich-media content (video, audio, biometric, sensor data, etc.) to wirelessly enabled mobile devices over wireless or wired networks. Innalogic is now finalizing development of a proprietary software encryption product, which is designed to maximize data security within wireless devices.

About AONet International Srl

AONet International (http://www.aonet.it/) is a leading provider of outsourced IT infrastructure, Operating System & Database application know- how, as well as ASP Enabling and 24x7 Business Continuity (redundancy, security) services. Users of AONet services include government agencies, large corporate accounts and medium and small firms. For more details in English, download the Company Brochure at: http://www.msgisecurity.com/contact

About MSGI

MSGI Security Solutions, Inc. is an international proprietary solutions provider developing a combination of innovative emerging businesses that leverage information and technology. MSGI is principally focused on the homeland security, public safety and law-enforcement services industry. The Company is headquartered in New York City, and has regional offices in Washington DC; and Milan, Italy. MSGI acquires material interests in high-growth technology and software development businesses. These firms are led by successful entrepreneurs and experienced management teams that have developed end-to-end client solutions that meet current and emerging market needs.

The Company is currently comprised of three operating companies and a significant unconsolidated investment which collectively deliver a powerful array of strategic synergies for cross-selling and joint product development. MSGI is engaged in an ongoing corporate growth program whose focus is acquisitions, strategic alliances and co-branding relationships in the United States and Europe. More information on MSGI is available on the Company's website at: http://www.msgisecurity.com/.

MSGI Security Solutions, Inc.

CONTACT: Media Services Group, Inc., Investor Relations,

Web site: http://www.aonet.it/

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Early Bird Registration Discount Expires on August 31, 2018 Conference Registration Link ▸ HERE. Pick from all 200 sessions in all 10 tracks, plus 22 Keynotes & General Sessions! Lunch is served two days. EXPIRES AUGUST 31, 2018. Ticket prices: ($1,295-Aug 31) ($1,495-Oct 31) ($1,995-Nov 12) ($2,500-Walk-in)
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.