SAN RAMON, Calif.—A five-bank syndicate led by Bank of America has refinanced SAFE Security’s senior debt facility with a $130 million capital infusion, according to a company statement. The capital will be used toward the company’s growth strategy.
NEW YORK—A New York judge has thrown out a lawsuit seeking damages from Siemens First Capital Commercial Finance for canceling an initial public offering for a security alarm company, according to a Reuters article.
ROCHESTER, N.Y.—Lenel Systems International, a provider of integrated systems and access control systems, is introducing the Prism Video Management System, an open IP VMS, according to a company statement.
ALBANY, N.Y.—Former Albany brokers Timothy McGinn and David Smith have filed motions asking a federal judge to overturn their convictions on fraud and tax evasion charges, according to an article from the Times Union, a newspaper based here.
PROVO, Utah—Todd Pedersen, co-founder and CEO of Vivint, has been named the 2013 entrepreneur of the year by MountainWest Capital Network, according to an article from The Digital Universe, a campus newspaper at Brigham Young University.
WEST JORDAN, Utah—A warehouse based here was spared significant fire damage thanks to a sprinkler system, which activated to help contain the blaze before firefighters arrived, according to an article from the Salt Lake Tribune.
RESTON, Va.—ObjectVideo, a provider of intelligent video software, has signed a global, portfolio-wide patent license agreement with Aimetis, a video management systems provider based in Waterloo, Ontario according to a company statement.