
CEO Anthony Scott described the integration plan for VigilAigent, identifying nearly $3M in annual savings and a shift in Shield commercial strategy.
Intrusion Inc. identified nearly $3 million in annual cost savings from the merger of its Shield security platform with VigilAigent, CEO Anthony Scott said Wednesday.
Scott told analysts on a call that the company will market and sell its commercial Shield products mainly through the VigilAigent team and brand. Intrusion also plans to integrate Shield capabilities into VigilAigent's existing technology to speed alert resolution and reduce false positives.
Scott said the savings have already been identified and implemented between the two organizations. The figure covers combined operating costs.
The company plans to offer more detail on the integration and the cost cuts when it reports second-quarter results.
"We'll say more about those efforts in our Q2 earnings call," Scott said.
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