Please do not leave this page until complete. This can take a few moments.
JLG Technologies of Framingham, which makes software that helps corrections and law enforcement officials, will be acquired by Dallas-based Securus Technologies, a provider of inmate communications service and other law enforcement technologies, the Dallas firm announced.
While financial terms were not disclosed, Securus CEO, Richard A. Smith said the transaction was a full cash deal.
Prior to the transaction, the two companies had worked together on projects for five years, with JLG founder Jay. L Ginsboro listed on several Securus patents, Securus said.
Smith said little is expected to change in the Framingham site, which employees 15, in light of the acquisition and working relationship.
“JLG is a great fit for what we do,” Smith said. “Our intent is to sell the JLG products that provide additional safety and security features to corrections and law enforcement.”
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments