COE Group, a UK-based manufacturer of IP, fiber and hybrid network video equipment, announced Tuesday that it has been acquired by Digital Barriers, a provider of solutions for the homeland security market.
In a statement, COE said that the acquisition will provide the company with access to financial resources and experience in the national security marketplace.
"We bring more than 20 years of heritage in video surveillance, helping to secure high-profile sites around the world. I see great potential to embed our expertise and technologies in an organization that is able to address the most demanding of security requirements and has ambitions to build both its scale and reach," said Ian Jefferson, CEO of COE.
According to Tom Black, executive chairman of Digital Barriers, COE expands the company’s surveillance capabilities and will extend their reach into other markets.