Industry News: Chemicals Company Upgrades to Control and Safety Systems
Facility Automation
LANXESS, a specialty chemicals company based in Germany, selected Emerson to provide automation technology to facilities that help the organization’s development and manufacturing of chemical intermediates, additives, and other products. With the upgrades to its production facilities’ control and safety systems, LANXESS plans to improve the facilities’ operational performance and support sustainability targets. The companies signed an initial five-year global agreement, and Emerson—as a global alliance partner—will support the adoption of advanced automation technologies and project implementation efficiency. All of this can improve LAXNESS’s time-to-market turnaround for new products, as well as bettering the safety of the company’s roughly 13,200 employees in 33 different countries.
Mergers & Moves
ACRE completed its acquisition of the PremiSys software and hardware portfolio and assets from IDenticard, offering customers security features including door and access management, integrated video, and lockdown abilities.
The global managed security services provider announced an expansion of one of its six global security operation centers, specifically the facility based in Dubai, UAE. These centers identify and limit the impact of security incidents, providing constant threat monitoring, detection, and targeted response for customers.
HUB Cyber Security Ltd.//Mount Rainier Acquisition Corp.
The $1.28 billion merger enabled the Israeli cybersecurity solutions organization to become a publicly traded company on the Nasdaq stock market.
With the acquisition of nVisium, NetSPI can further scale its offensive security solutions and increase its penetration testing services through more than 450 offensive security experts across the globe. The acquisition follows an October 2022 $410 million investment in NetSPI from KKR.
Award
U.S. business consulting firm Frost & Sullivan named cybersecurity company CrowdStrike recipient of its 2022 Global Company of the Year Award for its work in pioneering adversary attribution and helping organizations understand the motivation and qualities of threat actors.
Contract
Senstar announced it was awarded a contract to support a major oil pipeline project based in Africa. The sensing and information management solutions company will provide a perimeter intrusion detection system.
Announcement
Hanwha Techwin rebranded itself Hanwha Vision, reflecting the company’s expanded offerings as a global vision solutions provider.
Partnerships
As part of its partnership with U.S. police and sheriff’s departments, Elite Interactive Solutions’ Law Enforcement Advisory Board connects remote guarding solutions and law enforcement.
Madison Square Garden Sports Corp. invested C$13.4 million ($10 million) in Xtract One Technologies Inc., allowing Xtract One to continue developing and innovating security solutions related to perimeter screenings and security.
Veridos announced a strategic partnership with biometrics services provider Innovatrics, which will allow civilian clients to use DNA IDs—including fingerprints, iris scans, and facial geometries—with the Innovatrics Automated Biometric Identification System database.
