Everbridge acquires NC4 for $83M

Enterprise safety and critical event management software developer Everbridge announced last week that it has acquired NC4, which provides threat intelligence solutions to businesses and government organizations, for approximately $83 million in cash and company stock. In a statement, Everbridge said the combination of the companies’ capabilities will enable them to provide an end-to-end threat assessment and incident communications and management platform

NC4 combines thousands of data sources with experienced team of analysts to create a leading source of verified data and hyper local threat intelligence. In addition, the company generates more than 27,000 geo-targeted alerts and nearly 700 incident reports each day for many of the world’s largest businesses, global organizations and government agencies, including over 100 of the Fortune 500.

“With NC4, we are adding the industry leader in threat intelligence, making Everbridge one of the largest providers of data for enterprise security and operations in the world,” said David Meredith, CEO of Everbridge. “NC4 offers the most comprehensive threat data in the industry and this acquisition dramatically expands the overall situational awareness Everbridge will provide organizations, from incident identification to response, mitigation or ultimately, avoidance and prevention.”

 “Verified sources and analysis eliminate the noise and enable us to generate the most impactful information while eliminating false positives,” said Karl Kotalik, President and CEO of NC4.  “It takes the best of both worlds, machine learning and AI-enabled incident collection and human analysis, to generate the most meaningful intelligence.  Everbridge’s market-leading platform, the breadth of its offerings, and the experience of its global team made for a natural fit with NC4.  We look forward to aligning with the market leader to jointly provide organizations with unprecedented visibility into the threats and incidents that can impact people and business.”

NC4 has offices in El Segundo, Calif., Merrifield, Va. and Richmond, Va. Together, Everbridge and NC4 will form a global team of over 950 employees dedicated to delivering solutions for critical event management. The acquisition includes the NC4 Risk Center solution and the NC4 brand, as well as NC4’sE Team Emergency Operations Center software solution. The other NC4 products, including Celerium solutions for cyber security and Street Smart for law enforcement, will continue with the current owner.