IDIS completes the acquisition process of Costar Technologies

The merger of IDIS And Cost provides access to a broader portfolio of solutions under the combined brand. With almost 200 R&D professionals specializing in security technology, The new company can leverage the experience to drive innovation and technological advancements.

Costar Technologies, Leading provider of advanced electronic security solutions, has announced the completion of its acquisition by IDIS. This merger marks an important milestone in the companies' nearly two-decade shared history, Promising Enhanced Product Offerings, Increased financial stability and an expanded global footprint to better serve a diverse customer base.

“By joining IDIS, we're embracing a 'Better Together' philosophy’ that amplifies our shared core values and individual strengths, Paving the way for a stronger security foundation”, says Scott Switzer, CEO, Costar Technologies. “For our customers and partners, This translates directly into more coherent solutions, a greater selection of products and level of service".

For more than 20 Years, Costar and IDIS have forged a strong partnership, They have successfully deployed hundreds of thousands of devices in various applications and co-created custom solutions tailored to the specific needs of the industry. Today, The companies' combined resources provide financial stability and a global footprint, ensuring long-term sustainability for the next two decades and beyond.

This merger also presents customers with a wider and more comprehensive range of product options, enhancing existing portfolios with a wider selection of solutions under the combined brand. With almost 200 R&D professionals specializing in security technology, The new company can leverage the expertise of a larger research and development team to drive innovation and technological advancements.

Customers who have invested in Costar products and services can rest assured that these investments will generate long-term benefits. Costar and IDIS customers can expect increased support, as the company doubles the size of its current sales force, allowing for more comprehensive sales support and a deeper focus on specific vertical markets.

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