MA-EVERBRIDGE
Everbridge , Inc. (Nasdaq: EVBG), a global software company that provides critical communications and enterprise safety applications to help keep people safe and businesses running, today announced that it has acquired Sweden-based Svensk Krisledning AB , the developer of the SaaS mobile crisis management solution, Crisis Commander . The acquired solution extends the Everbridge Suite by enabling complementary mobile collaboration, task assignment and response management during critical events.
Executive teams, business continuity managers and security professionals employ the Crisis Commander product to provide mobile access to recovery, crisis and brand protection plans, as well as to manage a crisis or event through role-based assignments and status updates. Organizations can enhance their overall crisis management efforts by ensuring that plans are readily available to responders on the most popular mobile platforms regardless of their location. The Crisis Commander solution also simplifies updating plans for changes to personnel or processes, and enhances visibility into response progress during an event. The highly intuitive product is used by over 100 customers, including Volvo Group, Nestle S.A., Siemens Sweden, Nissan Motor Company, The Absolut Group and Tui Group.
“Organizations have traditionally relied on paper and binders to record and store their crisis plans, but that practice is very outdated in a mobile world,” said Jaime Ellertson, CEO of Everbridge. “Crisis Commander naturally fits with our commitment to helping organizations be better prepared to keep people safe and to rapidly respond to business incidents. The solution makes the coordination, collaboration, and follow-through of response during an event more transparent and auditable.”
The Crisis Commander product is highly complementary to the Everbridge suite and its two-way communication and automated workflow capabilities will be heightened by integration with the platform. The acquisition brings technology that will enhance Everbridge’s core mobility platform and extend the capabilities of its market leading employee safety and security solutions.
“The opportunity to join forces with the Everbridge team presented a strategic opportunity for the Crisis Commander team. We can now merge our robust mobile collaboration offerings with the industry leader for critical communications to offer the strongest crisis management and response solution in the industry,” said Thomas Hagström, CEO, Svensk Krisledning AB. “We are excited about joining the Everbridge team and continuing our journey of serving the business continuity and crisis management efforts of organizations around the globe.”
Svensk Krisledning is now a wholly owned subsidiary of Everbridge, and the company’s employees will remain based in Stockholm. Terms of the acquisition were not disclosed, and the transaction is not expected to have a material impact on 2017 revenue or profitability.
About Everbridge
Everbridge
,
Inc. (NASDAQ: EVBG), is a global software company that provides critical
communications and enterprise safety applications that enable customers
to automate and accelerate the process of keeping people safe and
businesses running during critical events. During public safety threats
such as active shooter situations, terrorist attacks or severe weather
conditions, as well as critical business events such as IT outages or
cyber incidents, over 3,000 global customers rely on the company’s
SaaS-based platform to quickly and reliably construct and deliver
contextual notifications to millions of people at one time. The
company’s platform sent over 1.5 billion messages in 2016, and offers
the ability to reach more than 200 countries and territories with secure
delivery to over 100 different communication devices. The company’s
critical communications and enterprise safety applications include Mass
Notification, Incident Management, IT Alerting, Safety Connection™,
Community Engagement™, Secure Messaging and Internet of Things, and are
easy-to-use and deploy, secure, highly scalable and reliable. Everbridge
serves 8 of the 10 largest U.S. cities, 8 of the 10 largest U.S.-based
investment banks, all four of the largest global accounting firms, 24 of
the 25 busiest North American airports and 6 of the 10 largest global
automakers. Everbridge is based in Boston and Los Angeles with
additional offices in San Francisco, Beijing and London. For more
information, visit www.everbridge.com
,
read the company blog, http://www.everbridge.com/blog
,
and follow on Twitter
and Facebook
.
Cautionary Language Concerning Forward-Looking Statements
This
press release contains "forward-looking statements" within the meaning
of the “safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995, including but not limited to, expectations, beliefs,
features, benefits, and use of our product offerings. These
forward-looking statements are made as of the date of this press release
and were based on current expectations and projections, as well as the
beliefs and assumptions of management. Words such as "expect,"
"anticipate," "should," "believe," "target," "project," "goals,"
"estimate," "potential," "predict," "may," "will," "could," "intend,"
variations of these terms or the negative of these terms and similar
expressions are intended to identify these forward-looking statements.
Forward-looking statements are subject to a number of risks and
uncertainties, many of which involve factors or circumstances that are
beyond our control. Our actual results could differ materially from
those stated or implied in forward-looking statements due to a number of
factors, including but not limited to: our ability to successfully
integrate acquired businesses and products; the ability of our products
and services to perform as intended and meet our customers’
expectations; developments in the market for targeted and contextually
relevant critical communications or the associated regulatory
environment; our ability to manage our growth effectively; our ability
to operate in compliance with applicable laws; nature of our business
exposes us to inherent liability risks; our ability to respond to
competitive pressures; potential liability related to privacy and
security of personally identifiable information; our ability to protect
our intellectual property rights, and the other risks detailed in our
risk factors discussed in filings with the U.S. Securities and Exchange
Commission (“SEC”), including but not limited to our Quarterly Report on
Form 10-Q for the quarter ended September 30, 2016 filed with the SEC on
November 14, 2016. The forward-looking statements included in this press
release represent our views as of the date of this press release. We
undertake no intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. These forward-looking statements should not
be relied upon as representing our views as of any date subsequent to
the date of this press release.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170119005377/en/
Contact:
Everbridge
Jeff Benanto, 781-373-9879
jeff.benanto@everbridge.com
Link:
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