EOH, one of South Africa’s top three IT service providers and the largest enterprise applications provider in the country, on Wednesday, 7 December, officially announced the acquisition of Stanley Security Solutions SA.
“The acquisition of Stanley Security Solutions complements EOH’s portfolio. The convergence of facilities infrastructure technologies with Information Technology has seen EOH making significant inroads into this segment of the market over the past 18 months.” says Asher Bohbot, CEO of EOH.
Stanley Security Solutions SA was founded in 1948 and is well versed in integrated building management solutions, surveillance solutions, access control hardware and software as well as integrated security systems. The company also provides a variety of electronic workforce management solutions that improve safety, productivity and protect payroll expenditure through the development and supply of data interfaces to ERP systems. With a footprint across Africa, Stanley Security Solutions SA is a leader in its field, with over 3000 customer sites with long term contracted annuity income.
Infrastructure development is key in South Africa and Africa at large, says Bohbot. “The acquisition complements EOH’s technology capabilities and further allows us to enhance the spectrum of our offering to our customers. With 200 employees, the people of Stanley Security Solutions SA are experts in their field and have been at the forefront of their industry for many years. This addition to the EOH family makes us a 3500-strong person EOH team, enhancing our expertise, and underscores our philosophy of working with the best people the industry has to offer.”
Keep an eye on Hi-Tech Security Solutions in the new year when we take an in-depth look at the trend of IT companies buying security operations.
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