Jacobs | February 08, 2022
Jacobs announced today it has acquired StreetLight Data, Inc. ("StreetLight"), a pioneer of mobility analytics who uses its vast data and machine learning resources to shed light on mobility, enabling users to solve complex transportation problems. The addition of StreetLight accelerates Jacobs' strategy in growing its end-to-end digital solutions portfolio and focus on ESG, while adding high growth, highly recurring revenue software businesses that offer tremendous value for its clients and the communities they serve.
StreetLight applies proprietary processing technology to location data from millions of mobile devices, connected vehicles, IoT sensors and geospatial databases to measure multimodal travel patterns – and makes them available via its online SaaS (Software as a Service) solution StreetLight InSight®. Designed for smart cities and the transportation industry, the on-demand software provides industry-targeted analytic tools to support critical infrastructure planning, investment and policy decisions.
"The past two years have accelerated structural changes to human mobility, infrastructure and supply chain planning, resulting in increased investments from governments and enterprises around the world. We're also experiencing a critical need for data-driven planning to meet carbon emissions goals, address energy transformation and advance social equity through infrastructure investment," said Jacobs Chair and CEO Steve Demetriou. "There is a global need for solutions that help us better understand the movement of people, goods and services while addressing broader societal challenges, and our acquisition of StreetLight solidifies our leadership in this fast-growing area."
StreetLight's suite of powerful analytics enables all major transportation verticals to make vastly more informed investment decisions while measuring critical impacts. Delivering more than a modern alternative to traditional measurement methods with months of lead time and limited scope, the company's technology has enabled the industry to solve complex problems, such as planning EV networks ahead of future demand, recommending optimal traffic pattern improvements and helping to ensure equitable transportation access.
"We chose Jacobs because they genuinely share our mission and recognize the importance of StreetLight's digital innovation in adapting their own core practices to the needs of an industry undergoing transformation. They have the global scale to rapidly accelerate client decision making at a pivotal time for infrastructure investment and its impact on climate and society."
StreetLight CEO Laura Schewel
StreetLight has a long track record of supporting transportation agencies at federal, state, regional and city levels, transportation engineering and consulting firms, and private companies spanning the new mobility, automotive, IoT and utility sectors. The company's metrics have informed transportation analyses across every state and province in North America.
Demetriou continued, "We consistently seek to add value for our shareholders, create transformative solutions for our clients, and make a positive difference within our communities. Like Jacobs, StreetLight is purpose-driven and shares in our commitment to create a more connected, sustainable world."
One of the growth accelerators in Jacobs' new strategy is centered on data solutions aligned to high growth markets with increasing margin profiles. Building on its strong foundation of existing technology and data capabilities, the company also recently acquired BlackLynx, an industry-leading edge computing, hybrid-cloud and collection automation technology provider serving the intelligence, defense and critical infrastructure sectors. Jacobs' portfolio of data and technology investments will be leveraged in tandem to create expanded market penetration, growth opportunities and solutions for its clients.
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector.
StreetLight is a pioneer in the use of Big Data analytics to help transportation professionals solve their biggest problems. Applying proprietary machine-learning algorithms to over four trillion spatial data points over time, StreetLight measures diverse travel patterns and makes them available on-demand via its SaaS platform for mobility, StreetLight InSight®. From identifying sources of congestion to optimizing new infrastructure to planning for autonomous vehicles to enhancing the location of outdoor advertising and business facilities, StreetLight powers more than 10,000 global projects every month.
DigiCert, Inc. | January 14, 2022
DigiCert, Inc., a leading provider of TLS/SSL, IoT and other PKI solutions, backed by Clearlake Capital Group. L.P. ("Clearlake"), Crosspoint Capital, and TA Associates, today announced that it has acquired Internet of Things (IoT) cybersecurity provider Mocana. The combination of DigiCert and Mocana technologies provides IoT manufacturers and operators with a comprehensive platform for managing security across the full IoT device lifecycle. Terms of the transaction were not disclosed.
The acquisition strategically accelerates DigiCert's presence in the fast-growing IoT market. IDC estimates there will be more than 55 billion connected devices by 2025, with growth fueled by organizational investment in IoT platforms for achieving operational efficiency, digital transformation and competitive differentiation.
"IoT security has been a challenge for device manufactures and operators. With the addition of Mocana, DigiCert is building on its vision for delivering digital trust, a growing necessity in the IoT market as smart devices become ubiquitous in every corner of our personal and professional lives. We are excited to introduce new and existing customers to our integrated platform and welcome the addition of Mocana's expertise in IoT technology and the industrial and manufacturing verticals to the DigiCert team."
DigiCert CEO John Merrill
"We have had a strategic partnership with Mocana for years and truly value their contribution to our product portfolio," said James Kline, senior director of program management at ABB Inc. "We are excited about the backing from DigiCert as a global leader in IoT security."
The combination of DigiCert and Mocana provides customers with a means to manage device identity, secure connections, prevent device tampering, and update firmware and settings remotely and securely once in the field. This end-to-end platform reduces security vulnerabilities and enables digital transformation that is made possible from information technology (IT) and operational technology (OT) convergence.
"Mocana is excited to be joining the DigiCert team," said Mocana CTO Srinivas Kumar. "Together, our solutions uniquely solve the challenges of IoT security, from embedding security protections on-chip or at device manufacturing to on-device secure communications and firmware updates once in the field."
About DigiCert, Inc.
DigiCert is a global provider of TLS/SSL, PKI, and security solutions that enable digital trust for data, devices, code, documents and users. DigiCert is modernizing the way PKI is managed with the DigiCert ONE™ platform. DigiCert ONE reimagines PKI to address all certificate-based security use cases with flexible, scalable and automated workflow managers, including the award-winning TLS certificate manager, CertCentral®.
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are technology, industrials, and consumer. Clearlake currently has over $60 billion of assets under management and its senior investment principals have led or co-led over 300 investments. The firm has offices in Santa Monica and Dallas.
About Crosspoint Capital
Crosspoint Capital Partners is a private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets. Crosspoint has assembled a group of highly successful operators, investors and sector experts to partner with foundational technology companies and drive differentiated returns. Crosspoint has offices in Menlo Park, CA and Boston, MA.
About TA Associates
TA Associates is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 550 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $47.5 billion in capital since its founding in 1968. The firm's more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong.
Sternum | May 10, 2022
Sternum, the provider of the Internet of Things (IoT) cybersecurity and observability platform, offering complete real-time firmware security, announced the release of the first real-world attack simulation and evaluation platform, enabling IoT device makers to evaluate their devices against top current threats.
The threats to IoT devices continue to grow and the impact has increased significantly. According to research by Forrester Consulting, 67% of enterprises in the US have experienced an IoT incident, and only 16% of enterprise security managers say they have adequate visibility to the IoT devices in their environments. In March 2022, the U.S Government Issued Stark Warning calling Firmware Security a “Single Point Of Failure”
While there are many IoT security solutions, devices remain highly vulnerable. Device makers find it hard to understand the level of risk in their devices, prioritize their resources, and choose the most effective solution to reduce risk. Many security solutions claim coverage using frameworks like the MITRE ATTACK evaluation framework. However, no such framework exists for IoT devices. Additionally, the complexity of the threat landscape and the myriad of devices make assessing the level of risk and choosing the right solution to protect the devices an extremely difficult task.
With its deep expertise in cyber offense and defense, Sternum first identified the 20 most critical attacks in the last few years and developed a platform to simulate these attacks and demonstrate firmware weaknesses, exploitation methods and protection options. Enterprises can then make well-informed decisions about how to best protect their devices.
Sternum will demonstrate live the first attack simulation platform for the top 20 attacks on many IOT devices at their booth xxx at the Barcelona Cybersecurity Congress on May 10th.
Sternum is the only code-free, device-resident IoT security, observation, and data-harvesting company. The Company’s transformational, patented software can be embedded into any IoT device, no matter the underlying code, manufacturer, or year of production, and is actionable whether the device is connected or not. This self-sustaining, unified platform brings intelligence to otherwise non-communicative edge devices, enabling them to autonomously protect themselves without connectivity and generate real-time data; processing happens in the Sternum cloud platform when available. Sternum was founded in 2018 by a team of highly experienced research, development, and business leaders, many coming from the Israeli Defense Forces’ (IDF) elite 8200 unit.
Digi | June 23, 2022
Digi International, a leading global provider of Internet of Things (IoT) solutions, connectivity products and services, today extended its IoT solution portfolio with the unveiling of its new Digi ConnectCore® MP1 family of system-on-modules (SOMs). The MP1 is the industry’s smallest STM32MP1 SOM that integrates Wi-Fi, Bluetooth and wired connectivity without comprising design flexibility.
This solution is made complete with its Connected Device platform as well as its well-tested development tools and design support. This makes Digi ConnectCore MP1 SOMs a cost-effective wireless solution for original equipment manufacturers (OEMs) seeking to reduce risk and effort in their product development. Ideal Digi ConnectCore MP1 applications include handheld products with cameras and/or displays such as medical devices, environmental test equipment, industrial human machine interfaces, or headless devices such as EV charging stations, renewable-energy controllers and others.
Leveraging both new and market-proven STM32MP1 micro processing units (MPUs) from STMicroelectronics (STM), Digi ConnectCore MP1 SOMs offer more features with a lower total cost of ownership. The form factor is smaller than a postage stamp (29x29 mm), which is ideal for form-factor-challenged applications with low-profile requirements. These off-the-shelf family of Digi ConnectCore MP1 SOMs bring scalability, compatibility and pre-certified wireless connectivity in a solution suitable for a broad range of applications in the healthcare, transportation and industrial sectors.
The unique Digi SMTplus™ surface-mount form factor provides design flexibility by enabling more complex applications through land grid array (LGA) pads and less complex applications using edge-castellated pads. By eliminating the need for connectors, ConnectCore SOMs shrink the bill of materials and offer greater suitability for high-vibration and harsh environment applications where connectors are prohibitive.
Small Form Factor Packed with High-Performance Features
STM32MP15x, single/dual Cortex-A7 @ 650 MHz
Cortex-M4 companion processing core for real-time tasks (STM32MP15x only)
Pre-certified Wi-Fi 5 802.11a/b/g/n/ac + Bluetooth 5.0 (including DLE) option
Up to 1 GB SLC NAND flash, up to 1 GB DDR3
Unique ultra-low power and wake-up state management
Dual 10/100/1000 Ethernet connectivity (single 10/100/1000 Eth for STM32MP15x)
Fully validated embedded Linux software platform (Digi Embedded Yocto)
Digi TrustFence® embedded security framework – ready-to-use security features
Off-the-shelf development board and low-cost gateway reference design
Industrial reliability and operating temperature with leading hardware warranty
“Digi ConnectCore MP1 SOMs respond to the challenge of building intelligent, connected and secure wireless products in strongly regulated markets such as the healthcare, transportation, and industrial sectors, Unlike other SOMs, Digi ConnectCore MP1 provides a scalable, highly integrated solution that encompasses a complete set of development tools, design support, software, and security building blocks to accelerate time to market. Digi also provides remote management and security services to simplify deployment and ongoing maintenance throughout the entire product lifecycle.”
Andreas Burghart, Senior Product Manager with Digi
About Digi International
Digi International is a leading global provider of IoT connectivity products, services, and solutions. It helps companies create next-generation connected products and deploy and manage critical communications infrastructures in demanding environments with high levels of security and reliability. Founded in 1985, Digi has helped customers connect more than 100 million things and counting.