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SAN DIEGO, Calif., March 11, 2022 – Linewize, a division of Household Zone (ASX: FZO), a quickly rising schooling expertise firm, introduced immediately the acquisition of Cipafilter, an online filter and firewall devoted to educators nationwide. This marks the third acquisition in lower than a yr making Linewize one of many world’s largest Okay-12 digital security suppliers, serving greater than 10 million college students globally and providing a set of capabilities together with compliance and filtering, classroom administration, real-time monitoring and intervention, on-line security schooling and extra. Linewize’s father or mother firm, Household Zone, acquired Cipafilter by way of the 100% acquisition of shares in Cipafilter’s holding firm DerbyTech, Inc. Agreed consideration is $4.5 million in Household Zone shares on the 30-Day VWAP representing 13,116,316 Shares plus an estimated $3.0 million to be paid in money.
With a longtime fame for high quality and loyalty, Cipafilter offers faculties with an online filter and firewall expertise, along with precious reporting and notification alerts. Having served the U.S. Okay-12 marketplace for over 20 years, the corporate helps greater than 400,000 college students. This acquisition completely aligns with Linewize’s development technique, additional solidifying the corporate as a worldwide EdTech chief. Along with acquiring an elevated shopper base, Linewize will now have entry to extra strong engineering and gross sales groups.
“This acquisition is a testomony to our continued development. By merging our expertise choices and workers with that of Cipafilter, we’re decided to additional our mission to guard the digital journeys of scholars globally,” mentioned Ross Younger, government vice chairman of Linewize. “Wanting forward, we stay dedicated to assembly the evolving wants of college districts and conserving college students secure within the digital world.”
This marks Linewize’s newest acquisition. Final yr, the corporate introduced the acquisitions of Smoothwall, a U.Okay-based schooling expertise firm, and NetRef, a classroom administration software program firm.
“We’re honored to be welcomed into Linewize’s quickly rising group,” mentioned Andrew Derbyshire, chief working officer of Cipafilter. “Having constructed an efficient internet filter and extra, we’re proud to have efficiently offered faculties with the extent of security that’s wanted immediately. As we sit up for calling Linewize dwelling, we intend to proceed making an influence within the ever-changing EdTech panorama.”
Linewize offers a set of options for IT directors, academics and communities spanning filtering and reporting, monitoring and classroom administration, along with schooling and engagement.
About Linewize:
A division of ASX-traded firm FamilyZone, Linewize is a Okay-12 cyber security administration system and an rising chief within the fast-growing world cyber-safety and EdTech sector. Constructed by a worldwide crew of schooling consultants and former faculty IT directors, Linewize’s complete suite of instruments and sources is designed to maintain children secure on-line and deal with a variety of digital studying wants. Based on the premise that selling digital wellbeing in college students goes past a easy content material filter, Linewize affords merchandise and sources that allow faculties to companion with households with the intention to shield each youngster’s digital journey, each within the classroom and at dwelling. For extra data, please go to www.linewize.com.
About Cipafilter:
Born out of the Midwest, Cipafilter is an online filter and firewall devoted to educators across the nation. Cipafilter created the business’s first contextual filter to restrict false positives and false negatives, a plague for college students and academics alike. With Cipafilter’s highly effective filtering engine, educators are additionally given probably the most highly effective studies to assist reply to and see the visitors on their networks. For over 20 years, Cipafilter has offered the perfect Assist mixed with distinctive expertise for faculties like yours.
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