Yehud: Magal Security Systems today announced that it has signed a cooperation agreement with India-based Dynamatic Technologies Ltd. This new cooperation aims to answer the increasing market demand in India for high-end security products and solutions for critical infrastructure. It also aims to provide combined integrated border management solutions (CIBMS) to address the challenges in securing India’s borders.
Magal has unique experience in perimeter security technologies and complex technological security projects. These include the protection of the borders of Israel, whilst Dynamatic Technologies has been a partner of the Indian Defence and Security establishment for over three decades.
Commented Saar Koursh, CEO of Magal, “We are very excited with the potential from this cooperation agreement. We are confident it will enable us to increase our presence in the Indian security and homeland security market. The goal is to position ourselves, together with Dynamatic, as the first choice turn-key contractor and solution provider for both Indian governmental as well as private sector customers. We are confident that combining Dynamatic’s and Magal’s proven technological capabilities, vast experience with border security as well as an intimate knowledge of the Indian market, will benefit both Dynamatic and Magal. Last but not least, the management of both companies share similar value sets and goals, factors that will enable increased synergies and cooperation.”
Commented Udayant Malhoutra, CEO & Managing Director of Dynamatic Technologies “We intend to bring in smart perimeter and security management technologies that include intrusion detection and prevention on a real time basis. We will offer these technologies to military establishments to prevent infiltration by terrorists. Additionally, these systems can be used to secure ports, airfields, industrial buildings, commercial establishments and other critical assets across the country. This furthers Dynamatic’s initiatives to successfully indigenize critical Military Industrial Capabilities under the national Make in India program. Magal has unparalleled knowledge and experience in integrated border security and we are excited to be working jointly with them.”