OnSolve has announced the acquisition of Stabilitas, a situational awareness provider that leverages artificial intelligence and machine learning to identify adverse events, analyze the risks posed by those events, and provide stakeholders with actionable threat intelligence.
Stabilitas’ AI solution constantly ingests more than 17,000 global data sources to identify nearly 300,000 critical events each day, such as natural disasters and geopolitical incidents. The solution then identifies the people, facilities, assets, and operations impacted by those events in real time. This allows decision-makers to effectively monitor and confidently respond to the multitude of natural and man-made incidents that endanger lives and pose billions of dollars in risk to organizations each year.
OnSolve’s award-winning critical communications solutions coupled with Stabilitas’ critical event intelligence will deliver a platform for end-to-end threat intelligence and response capabilities. This acquisition is part of OnSolve’s strategy to enhance its global portfolio of solutions that enable people to make faster, better-informed decisions and reduce risk when managing critical events.
“This transaction demonstrates OnSolve’s deep commitment to transforming its mass notification offerings to create the most innovative and modern platform in the comprehensive critical event management segment,” said OnSolve Chief Executive Officer Mark Herrington. “Our customers will now be able to leverage the latest technological advances to more quickly and accurately anticipate, analyze and manage crises to ultimately keep people safe, informed, assured and productive when it matters most. This acquisition also enables us to uniquely provide business resiliency and continuity by combining situational awareness, critical communications as well as incident management. We are excited to welcome the talented Stabilitas employees in this next chapter of OnSolve’s growth.”
Read the full announcement here.