March Networks Announces Acquisition Of Cieffe S.p.A -- Security Today

March Networks Announces Acquisition Of Cieffe S.p.A

Feb 07, 2008

March Networks, a provider of intelligent IP video and business analysis applications, announced recently that it has entered into a definitive agreement to acquire Cieffe S.p.A. and its related company Insignis Technologies S.r.l.

Cieffe, based in Milan, Italy, develops high performance IP video surveillance solutions used by organizations across Europe, the Middle East and Asia Pacific. Cieffe's products are used by European financial institutions and a number of high profile airport, government and commercial industrial clients for mission-critical security applications.

Cieffe's portfolio of interoperable encoders, IP and megapixel cameras, video analytics and advanced video management software has received numerous industry accolades, including two consecutive best-of-show awards at IFSEC, one of Europe's most prestigious security industry events.

The agreement calls for the payment by March Networks of 14 million euros in cash and 6 million euros in common shares for a total purchase price of 20.0 million euros plus an earn-out component of up to 10.0 million euros in cash. The agreement is subject to customary closing conditions and is expected to close by the end of March.

Cieffe's founder and CEO, Fabrizio Colciago, will continue as managing director and lead the ongoing evolution and growth of the Cieffe product line within the EMEA region.

"This is a strategic acquisition for March Networks that significantly strengthens our presence in the EMEA region as well as in the high-growth commercial industrial segment," said

Peter Strom, president and CEO, March Networks. "Cieffe's innovative product portfolio complements March Networks' existing solutions and enhances our position as a global supplier of comprehensive, open IP video management solutions."

Featured

Browser-Based AI Agents: The Silent Security Threat Unfolding

Some of the most revolutionary advances in artificial intelligence include browser-based AI agents, which are self-sustaining software tools integrated into web browsers that act on behalf of individuals. Read Now
- Cybersecurity
Report: Cybercriminals Abandon Tech Tricks for Personalized Email Deception Tactics

VIPRE Security Group, a cybersecurity, privacy, and data protection company, has released its email threat landscape report for Q2 2025. Through an examination of worldwide real-world data, this report sounds the alarm on the most significant email security trends observed in the second quarter of 2025, enabling organizations to develop effective email security defenses for the remainder of the year. Read Now
- Cybersecurity
AI-Generated Code Poses Major Security Risks in Nearly Half of All Development Tasks

Veracode, a provider of application risk management, recently unveiled its 2025 GenAI Code Security Report, revealing critical security flaws in AI-generated code. The study analyzed 80 curated coding tasks across more than 100 large language models (LLMs), revealing that while AI produces functional code, it introduces security vulnerabilities in 45 percent of cases. Read Now
- Artificial Intelligence
- Cybersecurity
Unlocking the Possibilities

Security needs continue to evolve and end users are under pressure to address emerging risks and safety concerns. For many, that focus starts with upgrading perimeter openings and layering technologies—beginning at the door. Read Now
- Access Control
- Dealers and Integrators
Freedom of Choice

In today's security landscape, we are witnessing a fundamental transformation in how organizations manage digital evidence. Law enforcement agencies, campus security teams, and large facility operators face increasingly complex challenges with expanding video data, tightening budget constraints and inflexible systems that limit innovation. Read Now
- Video Surveillance

Security Today eNews

Sign up today for essential industry news and product information that can help you stay afloat in the fast-paced world of security.

Email Address*Country*

Please type the letters/numbers you see above.

Webinars

Whitepapers

New Products

Camden CM-221 Series Switches

Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings.
A8V MIND

Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area.
Luma x20

Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.”