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Hikvision hires former IBM security pro to lead cyber efforts

Chuck Davis named director of cybersecurity in North America
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10/19/2017

CITY OF INDUSTRY, Calif.—Hikvision USA Inc., a video surveillance products and solutions company based here, announced that Chuck Davis has been named director of cybersecurity for Hikvision North America.

ASSA ABLOY acquires August Home in the US

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10/19/2017

STOCKHOLM—ASSA ABLOY has signed an agreement to acquire August Home, a leading smart lock business in the U.S.

CGL introduces franchise model

John Nemerofsky to lead CGL Technologies, new franchise group created to lead growth effort
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10/18/2017

WESTWOOD, Mass.—CGL Electronic Security Inc, an electronic security products and services provider based here, recently introduced a new franchise model strategy to grow their national business, and announced its first franchise location in Philadelphia.

Global perimeter security market to near $200 billion by 2022

MarketsandMarkets predicts a CAGR greater than 10 percent for North America
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10/18/2017

PUNE, India—The global perimeter security market will grow from $96.25 billion in 2016 to $196.60 billion by 2022, MarketsandMarkets predicts, and at a CAGR of 12.2 percent between 2017 and 2022.

How I Use My System: Rick Simpson

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10/18/2017

Rick Simpson, vice president technical services of Vector Security, has been with the company for 33 years. He “started as a service technician, then moved up through the ranks.” Simpson is a past chair of the ESA Standards Fire/Life Safety Committee. Security Systems News talked with Simpson in August about the security system he uses at home.

Honeywell to spin off Home and ADI Global Distribution business

Gary Michel to lead Honeywell's Home and Building Technologies strategic business group
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10/10/2017

MORRIS PLAINS, N.J.—Honeywell announced today plans to spin its $4.5 billion Home and ADI Global Distribution business, which includes its fire and security business, and its $3.0 billion Transportation Systems business, into two independent, publicly-traded companies by end of 2018.

Monitoring

Commercial & Systems Integrators

Poll

SSN News Poll December 2017

In the past month, Nest, Samsung, and Ring, have announced DIY-install security systems with a professional monitoring partner. Do these systems stand to impact the market, positively or negatively?