Kroll-O’Gara Buys Securify Inc.
FAIRFIELD, Ohio (AP) _ Kroll-O’Gara Co., a provider of armored cars and private detectives, has acquired Securify Inc., a consulting firm that provides computer and network security.
Kroll-O’Gara paid about $64 million to acquire Securify, a privately held company based in Mountain View, Calif.
Shares of Kroll-O’Gara fell $3.56 1/4, or 9 percent, to close at $35.87 1/2 on the Nasdaq Stock Market.
Kroll-O’Gara, based in Fairfield, Ohio, provides security services, including custom-made armored vehicles, fraud investigation and satellite telephone systems.
The company employs more than 1,500 people in 50 offices and plants around the world.