YAHUD, Israel—Magal Security Systems, a provider of solutions and products for physical and cyber security, announced July 30 that FIMI Opportunity Fund, a private equity fund based in Israel, has entered into an agreement with Ki Corporation Limited, to acquire from Ki approximately 40 percent of Magal’s outstanding shares at a price of $3.50 per share.
FAIRPORT, N.Y.—Brian Wiser has been named president of sales, North America, for Bosch Security Systems. In this position, he will lead the sales, support, training, customer service and marketing organizations in North America.
PRINCETON, N.J.—SightSensor video analytic thermal cameras from SightLogix have been deployed at a major Class 1 railroad. The installation is being funded through the Federal Emergency Management Agency’s 2011 Freight Rail Security Grant Program.
NEW YORK—Idesco, a security systems integrator, launched a new corporate website in July that showcases Idesco's solutions, including access control, video surveillance, ID badging, turnstiles, managed services, biometrics and visitor management.
BELMONT, Mich.—Systems integrator ROK Systems recently completed a comprehensive networked security system solution for the Traverse City Area Public Schools, connecting 26 school buildings to one network.
IRVING, Texas—ESX 2014, held in June in the Music City Center of Nashville, drew more than 2,000 professionals and 200-plus exhibitors, according to a news release from the Electronic Security Association.
BOCA RATON, Fla.—MobileHelp, a provider of mobile PERS solutions, based here, recently won Frost & Sullivan’s 2014 North American Price Performance Value Leadership Award in the PERS category, according to a joint news release.
WESTMINSTER, Mass.—Tyco SimplexGrinnell received both the 2014 ACE (Achievement in Customer Excellence) Award and the 2014 ACE Award for Best Use of Feedback Solutions, according to a July 21 news release.