This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "could," "should" or words of similar meaning. Statements that describe the company's future plans, objectives or goals are also forward-looking statements. Forward-looking statements are subject to assumptions, risks and uncertainties that may cause actual results to differ materially from those contemplated by such forward-looking statements. The factors that may affect the company's results include, among others: the company's ability to complete the sale of its North America electronic security business and to realize any of the contingent purchase price consideration; the success of the company's strategic business alliance with Securitas ; the impact of market and economic conditions on the financial services industry; the capacity of the company's technology to keep pace with a rapidly evolving marketplace; pricing and other actions by competitors; the impact of the company's strategic initiatives; and other factors included in the company's filings with the SEC , including its Annual Report on Form 10-K for the year ended December 31, 2014 and in other documents that the company files with the SEC . You should consider these factors carefully in evaluating forward-looking statements and are cautioned not to place undue reliance on such statements. The company assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release.
Galaz said in a comment to the acquisition, “We welcome Tony and his entire team to Securitas. Securitas Electronic Security—previously Diebold Electronic Security—will continue to be a leader in the North American electronic security industry. With this acquisition, we will have the ability to increase our security solutions sales, while also being an active player in the technology market, which will bring added value to our customers and make our offer much stronger. We also believe that we can leverage Diebold’s electronic security expertise to Securitas’ existing customer base and offer our customers possibilities of protective services by optimizing the equation between different service components."
He added that this API strategy "has revolutionized other industries and will do the same for the security industry.”
Diebold EVP Tony Byerly in a statement called this strategy “the future of security as we continue to leverage APIs to create a connected security program for businesses, starting with easy-to-use cloud-based video services.”
Diebold will integrate Eagle Eye's cloud VMS at its monitoring centers and customers will be able to see showcase demo applications at its Center of Excellence in Elmsford, .