Everbridge acquires threat intelligence solutions provider NC4
- Published: Tuesday, 13 August 2019 08:45
Everbridge has announced the acquisition of NC4, a global provider of threat intelligence solutions that empower businesses, government organizations, and communities to assess and disseminate risk data and information to manage and mitigate the impact of critical events.
Everbridge says that the combination of NC4’s real-time threat intelligence and analyst teams with Everbridge’s existing Global Intelligence Operations Center (GIOC) analysts and CEM platform creates the industry’s only end-to-end threat assessment and incident communications and management platform for reducing the impact of internal and external threats to people and assets.
“With NC4, we are adding the industry leader in threat intelligence, making Everbridge one of the largest providers of data for enterprise security and operations in the world,” said David Meredith, CEO of Everbridge. “NC4 offers the most comprehensive threat data in the industry and this acquisition dramatically expands the overall situational awareness Everbridge will provide organizations, from incident identification to response, mitigation or ultimately, avoidance and prevention.”
Together, Everbridge and NC4 form a global team of over 950 employees dedicated to delivering innovative, differentiated solutions for critical event management. The acquisition includes the NC4 Risk Center solution and the NC4 brand, as well as NC4’sE Team Emergency Operations Center software solution. The other NC4 products, including Celerium solutions for cyber security and Street Smart for law enforcement, will continue with the current owner.
The aggregate consideration paid by Everbridge was approximately $83 million in cash and Everbridge stock. While the largest business component has been closed, additional components are not expected to be closed until the end of the third quarter. The acquisition, upon completion, is expected to be accretive to Everbridge’s non-GAAP financial results within twelve months, and Everbridge will provide further financial details after completion of the entire transaction.