Everbridge Acquires Svensk Krisledning AB and its Mobile Collaboration and Crisis Management Product – Crisis Commander
January 19 2017 - 8:00AM
Business Wire
Crisis Commander® Simplifies the Mobile
Distribution of Business Continuity and Incident Response Plans and
Makes Them More Actionable
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outdated in a mobile world,” said Jaime Ellertson, CEO of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 Hagstr�m, 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 EverbridgeEverbridge, 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
StatementsThis 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/
EverbridgeJeff Benanto,
781-373-9879jeff.benanto@everbridge.com
Everbridge (NASDAQ:EVBG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Everbridge (NASDAQ:EVBG)
Historical Stock Chart
From Apr 2023 to Apr 2024