Digital Barriers continues acquisition drive

AIM-listed Digital Barriers has made its first acquisition of the new year through the purchase of LMW Electronics.

Surveillance technology company Digital Barriers made four acquisitions during 2011, including those of Stryker Communications in November for up to £1.5 million, and Keeneo in August for €2 million.

LMW provides video capture and transmission technology to the international law enforcement and military markets trough products such as ruggedised video cameras and outstations.

According to a statement, the board of Digital Barriers believes that LMW’s product set and technology are complementary to those already offered by the London-headquartered business.

Under the terms of the deal Digital Barriers is to acquire the intellectual property, products, stock, goodwill and certain customer contracts of LMW for a consideration of £450,000 in cash.

Earlier in 2011 Digital Barriers agreed a deal which could see it pay a total of £10 million for Cambridgeshire-based Zimiti, a company which provides surveillance and protective applications in the defence and security sectors

Hunter Ruthven

Hunter Ruthven

Hunter was the Editor for from 2012 to 2014, before moving on to Caspian Media Ltd to be Editor of Real Business.

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