ADT Caps Completes Merger with SK Infosec... Integrated Corporation 'ADT Caps' Launched

Announced Completion of Merger Through Integrated Corporation Launch Ceremony Held in Untact Format on the 5th

On the 5th, at the ADT Caps Seoul Samsung-dong headquarters, during the launch ceremony of the integrated corporation ADT Caps, CEO Park Jin-hyo (center left), Business General Manager Lee Yong-hwan (center right), and representatives of both companies' members are taking a commemorative photo.

[Asia Economy Reporter Kim Cheol-hyun] ADT Caps and SK Infosec have announced the launch of their integrated corporation. Three months after announcing the merger plan between the two companies last November, they have officially merged into one company. The name of the integrated corporation is ADT Caps.

The integrated corporation ADT Caps held a launch ceremony on the 5th at the ADT Caps headquarters in Samseong-dong, Seoul, attended by CEO Park Jin-hyo, Business General Manager Lee Yong-hwan, and employee representatives. Six representatives from the existing ADT Caps labor union and SK Infosec management council attended the ceremony. Considering social distancing measures due to COVID-19, only a minimal number of people attended, and the launch news was shared with employees via online video.

On this day, CEO Park Jin-hyo emphasized that the integrated corporation ADT Caps should leap forward as "Korea's No.1 Converged Security Specialist Company based on New ICT." First, ADT Caps plans to actively begin developing a new corporate name that embodies the integrated corporation's vision for success and customer value. Additionally, the brands 'Caps' and 'Infosec,' known as representative brands of physical and information security respectively, will be used as product and service brands in their respective fields to strengthen business continuity and expand the customer base. For example, just as the home security service brand 'CapsHome' is used, the information security monitoring service brand 'Infosec Security Monitoring' will be utilized.

To actively promote the converged security business, the related business organizations of both companies have also been integrated. The strategy is to achieve results in fields where converged security is most actively spreading, such as smart factories, by consolidating business capabilities and technological expertise.

Park Jin-hyo, CEO of ADT Caps, said, "Let all members practice happiness management so that the integrated corporation can move toward an era of happiness, and create a culture of mutual respect, sharing, communication, and collaboration," adding, "Now, as one integrated corporation, let us leap forward as a company that provides value beyond security."

This content was produced with the assistance of AI translation services.