Core Viewpoint - Senstar Technologies Corporation has announced the acquisition of Blickfeld GmbH for €10.4 million in cash, with an additional €1 million in performance-based earnouts, enhancing its portfolio in the security technology sector [1][4]. Group 1: Acquisition Details - The acquisition will be funded through Senstar's cash reserves of $21.7 million as of September 30, 2025 [4]. - The deal is expected to close in Q1 2026, pending customary closing conditions and regulatory approvals [4]. Group 2: Strategic Benefits - The integration of Blickfeld's high-precision 3D LiDAR sensors is anticipated to accelerate market penetration in a segment growing at over 20% [2]. - The acquisition will enhance Senstar's situational awareness capabilities and expand its addressable market, particularly in transportation and industrial verticals [3]. - Blickfeld's technology will complement Senstar's existing AI-powered MultiSensor, creating a more comprehensive suite of intelligent security solutions [1][3]. Group 3: Company Profiles - Senstar Technologies Corporation specializes in perimeter intrusion detection systems, video management, and access control, serving various sectors including utilities and logistics for 40 years [5]. - Blickfeld GmbH, founded in 2017, develops LiDAR sensors with integrated software for applications in security, volume monitoring, and traffic, with a focus on real-time 3D data [6].