Cloud Security Authors: Elizabeth White, Zakia Bouachraoui, Pat Romanski, 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
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and ...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...