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Smiths Group to pay $710m for Morpho Detection

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04/28/2016

LONDON—Smiths Group, a global technology company based here, announced April 21 it has an agreement to acquire Morpho Detection from Paris-based Safran for $710 million.

TycoIS introduces its first cloud video offering

Leitz: Cloud Video ‘viable for every segment from small business to enterprise accounts’
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04/27/2016

BOCA RATON, Fla.—After several months of beta testing and several weeks of training, national systems integrator TycoIS’s 800-person sales force is now selling TycoIS’ first cloud video offering, Cloud Video.

Vivint gets $100m investment from Peter Thiel, Mitt Romney’s investment firm

Pedersen: Investment is ‘huge validation of what we have built’
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04/27/2016

PROVO, Utah—Vivint Smart Home on April 27 announced a $100 million strategic investment from Peter Thiel and Solamere Capital, an investment firm founded by Tagg Romney, Eric Scheuermann and Spencer Zwick, and chaired by Mitt Romney.

Integration firm spins off video monitoring operation

ICU split the division off to avoid channel conflict
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04/27/2016

SCOTTSDALE, Ariz.—ICU Security Group, an integration firm based here, is spinning-off its proactive video monitoring division, SARC Monitoring, into a separate company.

Vidsys gets $11 million

PSIM provider has evolved into a ‘CSIM’ provider, IoT management is key differentiator
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04/27/2016

VIENNA, Va.—Software provider Vidsys on April 26 announced it closed an $11 million funding round, which Vidsys CEO James Chong told Security Systems News will be used for “global expansion and to provide the right level of customer support and engagement [for the Vidsys web-based platform.]”

Monitoring America to build back-up facility

Alarm co-op’s new site could be operational before 2017
 - 
04/27/2016

TULSA, Okla.—Monitoring America Alarm Co-op president Ron Wies said construction of the third-party central station’s redundant facility in nearby Owasso, Okla., may start next month.

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Poll

SSN News Poll June 2016

ISC West 2016 had a lot to offer, on and off the show floor. What were your objectives this year at the industry’s largest trade show?

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