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March 29, 2008

Biometric Security Solutions Company Cyber Operations Signs Banking Deal with Divine Capital Markets

By Anil Sharma, TMCnet Contributing Editor


Cyber Operations has entered into a strategic investment banking agreement with Divine Capital Markets of New York. The deal calls for Divine Capital Markets to provide Cyber with banking, consulting and merger and acquisition expertise.
 
Together, Divine Capital and Cyber Operations plan to define a financial and capital strategy in order to leverage Cyber Operations’ growth opportunities. This strategy will incorporate both organic growth as well as synergistic merger and acquisition opportunities.



 
“At Divine, we have an affinity for advanced technology opportunities,” said Danielle Hughes, CEO of Divine Capital, in a statement. “Cyber Operations software expertise and patent portfolio is well positioned for growth in the key sectors of Security Technology and Digital Media Networks. The investment community is looking for the next set of leading technology companies, and our mission is to bring those opportunities to market. We believe Cyber Operations represents that such opportunity.”
 
Divine Capital is a boutique institutional brokerage firm with expertise and innovation in trading, research, and investment banking. The firm provides institutional portfolio managers, corporations, pension plan sponsors, hedge funds, and accredited investors with trading strategies, research, consulting services, and private wealth management.
 
“We have diligently and methodically searched for a strategic investment bank that understands both U.S. and international markets,” said Cyber Operations CEO, Phil Ruggieri, in a statement. “Divine has a track record of expertise and success in helping companies build solid financial foundations, and in ensuring that growth opportunities are maximized. Dani Hughes and her team at Divine fit that model, and we are proud to be collaborating with them to deliver a strong future for Cyber Operations.”
 
Cyber Operations provides security solutions to companies and governmental agencies through its integration of large-scale network security and biometric and access control technologies.
 
Cyber Operations' security technology, along with its other products and services, including its voice over IP (VoIP) solution and its CyberDAN (Digital Advertising Network) solution featuring digital media content management and distribution.
 

Don’t forget to check out TMCnet’s White Paper Library, which provides a selection of in-depth information on relevant topics affecting the IP Communications industry. The library offers white papers, case studies and other documents which are free to registered users. Today’s featured white paper is Security Considerations For an IP PBX and Contact Center, brought to you by Interactive Intelligence (News - Alert).

 
Anil Sharma is a contributing editor for TMCnet. To see more of his articles, please visit his columnist page.

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