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Leading supplier of secure communication solutions challenge the European market with a new acquisition

Press Release   •   Jun 21, 2017 09:00 GMT

The Nordic company AddSecure acquires Chiron Security Communications, an AoIP company that operates across Europe and beyond. Through the acquisition, AddSecure takes a big step towards their goal, to be the leading supplier of secure communication for alarm and IoT solutions in Europe.

AddSecure, consisting of the three former companies Multicom Security, Safetel and Securinet, today announce that they will acquire the Chiron Security Communications. Chiron has designed and developed communication systems for the security industry for over 27 years. With the acquisition, AddSecure will broaden their product portfolio and be able to offer a wider range of solutions to the customers. At the same time, the company takes a big step towards realizing their ambition in becoming the leading supplier in Europe.

"With the acquisition of Chiron Security Communications we will not just have a broad and unique offer to our customers in the Nordics but also realize our plan to establish ourselves globally", says Stefan Albertsson, CEO at AddSecure.

Chiron is a privately owned security communications company that has been operating for 27 years and is well known within the European and world markets as a provider of advanced Alarms over IP (AoIP) systems. Over the last few years, it has built a market lead in many markets across Europe and is the most favored AoIP system amongst monitoring centers, with over 200 monitoring centers in 46 countries using the Chiron IRIS AoIP system.

"We are proud and happy that AddSecure saw the potential in our Company", says Ian Tredinnick, CEO at Chiron. "With a strong focus on customer needs, I am sure that AddSecure is best suited to take this to the next level."

The combination of the two companies is supported by both management teams that see a significant synergy, both through market base and new technologies. Most importantly, both Chiron’s customer base and AddSecure’s customer base will be able to use Chiron’s new interactive services, which will soon be launched.

About AddSecure
AddSecure is a leading player in the secure critical communications sector. We provide more than 40 000 customers and partners around Europe with secure communications solutions within monitored alarms and critical IoT communications. Our solutions, which help save lives, protect property and secure vital societal functions, are flexible, easy to install and help boost our customers' competitive edge.
Active since the early 1970s, AddSecure has extensive experience within the security industry and a tradition of adapting to market needs. This enables us to provide our customers with the best solutions for tomorrow’s security challenges.
The company has regional offices and a network of distributors across Europe and employs around 160 staff. AddSecure is part of the AddSecure Group, owned by Abry Partners. Other companies in the AddSecure Group are Chiron, a leading provider of advanced Alarms over IP (AoIP) and Smart Grid Networks, a provider of smart solutions for power network automation and digital communication within the utilities sector. For more information, please visit www.addsecure.com