IDIS completes the acquisition process of Costar Technologies
The fusion of IDS y Costar provides access to a broader portfolio of solutions under the combined brand. With almost 200 research and development professionals specialized in security technology, the new company can leverage experience to drive innovation and technological advances.
Costar Technologies, leading provider of advanced electronic security solutions, has announced the completion of its acquisition by IDIS. This merger marks an important milestone in the companies' nearly two decades of shared history., promising improved product offerings, Greater financial stability and an expanded global presence to better serve a diverse customer base.
“al unirnos idis, We are adopting a 'Better Together' philosophy’ that amplifies our shared core values and individual strengths, paving the way for a stronger security foundation”, afirma Scott Switzer, CEO of Costar Technologies. “For our clients and partners, This directly translates into more coherent solutions, a greater selection of products and level of service”.
For more than 20 years, Costar and IDIS have forged a strong partnership, have successfully deployed hundreds of thousands of devices in various applications and co-created custom solutions tailored to specific industry needs. Nowadays, combined resources of companies provide financial stability and global footprint, ensuring long-term sustainability for the next two decades and beyond.
This merger also presents customers with a broader and more complete range of product options, enhancing existing portfolios with a broader selection of solutions under the combined brand. With almost 200 research and development professionals specialized in security technology, the new company can leverage the expertise of a larger research and development team to drive innovation and technological advances.
Customers who have invested in Costar products and services can be assured that these investments will generate long-term benefits.. Costar and IDIS customers can expect greater support, as the company doubles the size of its current sales force, enabling more comprehensive sales support and deeper focus on specific vertical markets.
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