Centaur gains a new owner
MONTREAL--CDV Americas, a new company in the American security industry, gained a significant reach in the access control market in February when it bought the established product line Centaur from Paradox Security Systems.
The acquisition provides CDV Americas with access control software that serves both small access control applications and those at an enterprise level. The Centaur product line has also been in the market for more than eight years and is used by integrators in the United States, Canada and Latin America. The purchase price and the number of systems integrators who use the Centaur product line were not released.
According to Rene Mallandain, president of CDV Americas, the acquisition provides his company with an instant reach. The parent company of CDV Americas, CDV Group, offers access control products in Europe, but is not well established here, nor did it offer a scalable product.
"CDV Group in Europe was doing access control for 20 years, but specialized in smaller systems, one- or two-door systems and controllers for 120 doors," said Mallandain.
Mallandain said CDV Group also plans to market the Centaur product line in Europe.
Officials from Paradox Security Systems could not be reached for comment prior to press time. Despite the sale of its access control product line Centaur, Paradox continues to offer a significant number of security products, including motion detectors, control panels and wireless security products.
Along with acquiring the product line, CDV Americas also gained several new employees, including engineers. Over the next few months, Mallandain expects the company will grow from eight employees to 20, adding people in technical support, research and development and educational training.
While CDV Americas is a newer company--it set up shop a year ago and moved into a new, 3,000 square-foot office in March--Mallandain is not a novice when it comes to the security industry. Twenty years ago he was a partner with Marc Mineau, a longtime security executive, in a company called Omnitron before he left the security market to enter the IT industry.