This is technology M&A deal number 239 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.
Konica Minolta USA is a subsidiary of Konica Minolta, Inc which was founded in 1873 and is based in Ramsey, New Jersey. The company has 6,644 employees listed on LinkedIn. Konica Minolta USA’s areas of expertise include Multifunction Printers (MFP), Digital Press, Workflow Solutions, IT Services, Technology Optimization, Enterprise Content Management (ECM), Security and Compliance, Cloud Services, Mobility, Optimized Print Services (MPS), Printing, Print Production, Industrial Printing, Packaging, Business Solutions, Industry Solutions, Intelligent Information Management, Help Desk, Video Surveillance, Digital Transformation, and Cloud.
Force Security Solutions, founded in 2003, is based in Manassas, Virginia. The company has 19 employees listed on LinkedIn. Force’s areas of expertise include Access Control, Intrusion Detection, Fire Detection, and IP Video Surveillance.
Meeting the Demand for Advanced Security
With the increasing demand for comprehensive physical security measures in the U.S., Konica Minolta USA aims to offer effective security solutions.
Force's methodology emphasizes detailed risk assessments and educating clients on effective security measures, combining technology and policies to address vulnerabilities.
By integrating Force into its operations, Konica Minolta USA says it will enhance its existing Video Security Solutions (VSS) portfolio, positioning itself to provide more extensive managed services and foster deeper relationships with clients.
Sam Errigo, president and CEO, Konica Minolta U.S.A., commented:
“Our customers have identified physical security as a priority. The acquisition of Force aligns with our goal of supporting our customers in their digital transformation efforts. With Force, we envision a comprehensive AI-driven secure service approach to the market.”
Vijay Raghavan, senior vice president, Digital Transformation and Emerging Businesses, Konica Minolta USA, said:
“Force's approach in both commercial and governmental sectors complements our VSS division. This integration allows us to combine our AI software with Force's service model, aiming to support clients in the development of AI-driven IoT security services.”
Ken Kocher, president, Force Security Solutions, added:
"At Force, our focus is on providing advanced, proactive security solutions. Joining forces with Konica Minolta U.S.A. allows us to extend our video security solutions. This collaboration offers an opportunity to expand our services to meet broader community security needs."