Global growth in security industry continues with acquisition of U.K. Company

(LONDON) - Diebold, a global leader in providing integrated security, services and self-service delivery systems, today announced it has acquired TASC Security, a global leader in electronic security enterprise systems and integration.

Headquartered in London, TASC also has regional offices in Amsterdam; Tokyo; San Francisco; Dublin, Ireland; Leeds, England; and Melbourne and Sydney, Australia; along with a network of offices in Europe, the Middle East, Africa and Asia Pacific.

TASC specialises in customisable and scalable electronic security solutions that include alarms, access control, closed-circuit television and video surveillance systems. The company also provides system design, integration, installation and service.

TASC is the fourth security systems integration company Diebold has acquired during the past year, further supporting the company’s strategic growth in the global security industry. "TASC will complement our existing core competencies in enterprise-wide security solutions," said Dennis M. Moriarty, vice president of Diebold’s Global Security Division. "TASC is an industry leader, providing Diebold with considerable expertise and knowledge of the security market on a global basis. This relationship will further position Diebold in the high-end integrated electronic security systems market and help build our global infrastructure in the security industry."

Myles Hick, chief executive officer of TASC, will join Diebold as president of the TASC subsidiary. "We are excited to join a company that has a great reputation and history of success in security," Hick said of becoming part of Diebold. "TASC will complement the existing technology and expertise that helps shape the Diebold brand. Additionally, the combination of TASC’s existing network of service support and implementation resources will be greatly enhanced by the global service footprint already offered by Diebold. TASC’s existing management team will remain with Diebold and, together, we are committed to helping build the most outstanding global customer service capability in the world today."

According to Richard Baggot, vice president of Diebold’s Electronic Security and Currency Systems Group, acquiring TASC is another step in the company’s ongoing efforts to bring enterprise electronic security and services to customers globally. "We are excited to have TASC as part of our electronic security delivery model," he said. "There are a number of synergies between our companies, such as diverse product offerings, as well as system design, installation, service and monitoring for our customers, that we feel will be very beneficial to the marketplace. Bringing the TASC team into the Diebold family will be quick and seamless, with uninterrupted customer service during the transition."

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