Everbridge Buys one2many

everbridge

Everbridge, Inc. (NASDAQ: EVBG), a Boston, MA- and Los Angeles, CA-based provider of critical event management (CEM) solutions, acquired one2many, a Netherlands-based global provider of cell broadcast solutions for safety applications.

The amount of the deal was not disclosed.

With the acquisition, Everbridge will provide a mobile-optimized, full-lifecycle solution for meeting and exceeding EU regulatory and other global initiatives for countrywide population alerting.

The combination creates a public warning system combining cell-broadcast and address-, group-, and location-based, multi-channel technologies. The new hybrid platform enables countries to protect against coronavirus; share updates on viral hotspots and pandemic best practices; coordinate first responders and healthcare resources; establish two-way communications with at-risk populations; and manage disruptions to transportation, education and other critical services.

In addition, the system provides critical event management capabilities across a broad range of threats including natural disasters, terrorism, cyber, and other security events.

Everbridge already leverages its CEM platform to deliver a population alerting solution, reaching over 550 million people, with over 3,700 active deployments at the municipal, city, state, and province level in thirteen countries including the U.S., Canada, and India.

The COVID-19 pandemic, coupled with the recent mandate requiring EU member countries to have a population-wide alerting system in place by June 2022, provides a major catalyst for population alerting systems adoption. As the global leader in countrywide deployments, Everbridge supports four European countries: Greece, Iceland, the Netherlands and Sweden. In addition to Europe, the company supports countries in Asia Pacific and Latin America including recent wins in Australia, Peru and Singapore.

One2many adds countrywide support in the Middle East and Asia Pacific, including in New Zealand.

FinSMEs

24/03/2020

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