MISSION HILLS, CA – May 19, 2014 – UNICOM Systems, Inc., a Division of UNICOM Global, today announced that it has acquired Firetide, Inc., a Silicon Valley-based company and leading expert on wireless broadband technology in an all cash transaction. Details of the acquisition were not disclosed.
“Firetide’s renowned AutoMeshTM wireless mesh software is a cost-effective and dynamic highbandwidth network solution providing the architectural foundation for artificial intelligence and robotics, critical infrastructure modernization, energy and water conservation and software-defined networking for cloud computing,” said Mr. Corry Hong, founder, president and CEO of UNICOM Global. “U.S. military forces are using wireless mesh networking to connect their wearable computer nodes in field operations, and municipalities are deploying smart meters for residences to automatically transfer their readings to the central office for billing and analytics data without the need for human meter readers. UNICOM is proud to bring such important wireless solutions to our customers.”
“The Firetide organization is very excited to join as the newest division of UNICOM Global,” said Mr. John McCool, CEO of Firetide. “UNICOM has demonstrated amazing growth and impressive leadership, and Firetide’s industry-leading products combined with UNICOM’s breadth of solutions and reach into the U.S. Federal government, SLED and commercial enterprises are a combination for great success.”
Founded in 2002, Firetide has more than 10,000 government and commercial customers in 40 countries around the world, including providing solutions for Seoul Metropolitan Rapid Transit, the City of Chicago, and video security at the 2013 ING New York City Marathon. Firetide and UNICOM Government, Inc., a division of UNICOM Global, recently partnered to deploy a video surveillance network for the City of Scottsdale, Arizona, as part of its citywide Intelligent Transportation System. Firetide’s patented AutoMesh™ technology enables concurrent video, voice and data applications for government, transportation, education and commercial customers to view live, high-bandwidth video feeds reliably, securely and with low latency. Firetide’s products are used to build private wireless mesh infrastructure and access networks for indoor and outdoor use that are highly reliable and secure.
The Firetide transaction represents the second acquisition of a Silicon Valley-based company by UNICOM in the last 60 days. On March 31, 2014, UNICOM acquired the assets of Memeo, Inc., a cloud-based secure file sharing and data protection company.
Firetide is based in Campbell, California, with operations throughout the Americas, Europe and Asia Pacific regions. Following the close of the acquisition, UNICOM Global will work to integrate Firetide’s products throughout UNICOM’s extensive distribution channels including through its UNICOM Government, UNICOM Engineering and USRobotics divisions.
Mr. Russ Guzzo
Headquartered in Silicon Valley, California, Firetide has more than 10,000 customers in 40 countries around the globe, including Seoul Metropolitan Rapid Transit, the City of Chicago, San Francisco Municipal Transportation Agency and the world’s longest mesh network at the Thailand Royal Irrigation Department. The Company’s patented AutoMesh™ proprietary mesh-routing protocol delivers mission-critical wireless infrastructure for public safety, law-enforcement, traffic management, factory automation and transportation systems throughout the world. With its high-bandwidth, self-healing redundant and low-latency capabilities, organizations deploy high-definition networks that help to protect lives and property.
UNICOM Global consists of more than fifty (50) corporate entities encompassing a wide range of businesses across all geographic regions. With its corporate headquarters in Los Angeles, California, to offices in Illinois, Kentucky, Florida, Massachusetts, Maryland, Minnesota, New Hampshire, North Carolina, New Jersey, Texas and Virginia, throughout EMEA in the UK, Ireland, Germany, France, Italy, Spain, Denmark, Belgium, Switzerland and the UAE, and across Asia/Pacific with locations in Japan, China, India, Australia, Korea, Thailand, Taiwan and the Philippines.
UNICOM Global offers deep in-house resources and flexible IT solutions to our partners worldwide. UNICOM Global focuses on acquiring and integrating mature and growing mid-cap NASDAQ, London Stock Exchange AIM and German publicly-traded companies in technology, financing, IT, real estate, and business services. Please visit our websites for additional information about the services, products and solutions that UNICOM Global offers:
UNICOM Global - Assets, capital and investment management
UNICOM Systems - IBM Mainframe software products
UNICOM Government (formerly NASDAQ: GTSI) - Government IT solutions
UNICOM Engineering (formerly NASDAQ: NEI) Appliance platform
UNICOM Science and Technology Parks
UNICOM Technology Park – Innovation Labs in Virginia
UNICOM Science and Technology Park – Innovation Labs in New Jersey
UNICOM Capital - Business and Financial Services
USRobotics - Data communications products
Memeo - Enterprise-grade Secure File Sharing for the Cloud
Firetide - Wireless technology solutions for security and transportation
DETEC - Document composition products
SoftLanding Systems - IBM i software products
Macro 4 (formerly LONDON: MAO) - Document Management products
illustro - z/OS and z/VSE software products
iET Solutions - ITSM software products
Eden - Mergers & Acquisitions, Business & Financial Services, and Real Estate
CICS.com - Hardware, Software, Outsourcing and Professional Services
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