Carlow-based Netwatch goes global in new deal

Following an investment from private equity firm Riverside, Netwatch is to merge with two US-based companies and UK-based Onwatch Multifire to form Netwatch Group

Netwatch founders David Walsh and Niall Kelly

Carlow-based IT security company Netwatch has announced a further step in its expansion plans in what chief executive David Walsh has described as a “transformative” deal.

Following an investment from private equity firm Riverside, Netwatch is to merge with two US-based companies – NMC of California and Texas-based CalAtlantic – and UK-based Onwatch Multifire to form Netwatch Group.

The company says demand for visual monitoring services is increasing due to global security threats ...