Morten Strand, Group CEO of ABAX, said: “Our acquisition demonstrates confidence in the growth potential of the new combined entity, and we look forward to working together to accelerate our growth ambitions in the years to come. 3 ORGANISATIONAL HIGHLIGHTS Q ABAX acquires Nordic leader Automile ABAX.
ABAX AUTOMILE UPDATE
The combination creates the second largest telematics player in Europe by the number of subscriptions and enabling ABAX to offer new and existing customers an increasing array of value-added connectivity services with further geographic coverage.ĭaniel Lopez-Cruz, Investcorp’s Head of Private Equity, Europe, said: “We backed ABAX to acquire Automile as the transaction enhances ABAX’s leadership position in the highly fragmented and growing telematics market, which we believe remains underpenetrated despite increased rates of adoption.” that counts Mubadala Investment Company as its biggest shareholder has announced that its portfolio company Abax has acquired Automile a Nordic-based. ABAX GROUP AS Q Report CEO UPDATE Q Q saw a further improvement of the business.
The transaction positions the combined group as a global telematics leader with more than 360,000 subscriptions. The proposed work will be performed at Agnik, a mobile and distributed data mining company.The Daily Tribune – Investcorp, a leading global provider and manager of alternative investment products, yesterday announced that its portfolio company ABAX, a telematics solutions provider in the Nordics and one of the largest in Europe, has acquired Automile, a Nordic-based provider of telematics and internet of things (IoT) services. Simply plug Automile Box, a smart innovative device into your. Detect stealth network probes by attackers and worms. Automile is the easiest and most affordable GPS tracking and fleet management solution. Identify statistical properties of attack distribution in order to perform a trend analysis. Detect attack patterns on the coalition members in terms of clusters, outliers. Following attack detection capabilities will be explored during Phase I: Detect distributed network "signatures" of attackers based on the distributed observations from different nodes in the network. A module for supporting the complete life-cycle of the information assurance management process in a BMDS. These algorithms will lay the foundation of the DIA system.
A collection of distributed data mining algorithms for decentralized outlier detection, clustering,and trend analysis for network data. The system will support local management of policy-based control for different sensors. A multi-agent architecture for linking multiple, heterogeneous network-sensors (e.g., intrusion detection and malware detection systems, netflow data, tcpdump) for performing distributed and decentralized analysis of the data.
It will offer the following key capabilities: 1. The abstract given for this project is as follows: This document proposes to develop a Distributed Information Assurance (DIA) system based on the distributed data mining technology for detecting distributed network attacks and identifying attackers' "signatures" for advanced situational awareness. Agnik is a company that received a Department of Defense SBIR/STTR grant for a project entitled: DIA: Distributed Information Assurance in Ballistic Missile Defense Systems using Scalable, Distributed Data Mining Technology.
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