Getting ready to leave Maine for ISC West yesterday morning was not easy. I had like four things on the agenda to get myself and my family ready for the week, but I just couldn’t get away from my computer. Lots of news yesterday. First ADT announced it’s buying PSIM maker Proximex. Here’s Steve Hunt’s (Mr. PSIM himself) interesting take on the buy.
As I mentioned in my blog, I’m meeting with ADT and Jack Smith from Proximex on Thursday, so I’ll have more on this.
IN other PSIM news, a news report from Globes, Israeili business news, from March 31, says intelligence solutions company Verint Systems Inc. has acquired PSIM solutions company Rontal Applications Ltd. “for tens of millions of shekels.”
More from that story: “Rontal was co-founded in 2001 by CEO Roni Zehavi. The company has developed SimGuard, which can rapidly integrate and manage massive amounts of disparate data collected from the large number of safety and security systems and devices such as sensors and cameras. The company's largest investor is the US Pegasus Fund, which has a 45% stake. Zehavi himself holds 10%, while another notable investor is IDF General (res.) Amiram Levin, who also holds a 10% stake. Based in Modi'in, Rontal has 35 employees and had revenue of $6.5 million in 2010 and a small profit. Rontal's rival Orsus was acquired by NICE-Systems Ltd. in November 2009 for $22 million.
My sources at Verint, are answering their phones, but they’re also declining comment until Wednesday. Don’t know if they’re wait until the party at Tao, which starts at 8 p.m. The invitation says there will be a" big announcement" at 8:30 p.m.
Then I see that UTC Fire & Security is rebranding part of the business as Chubb. It’s a name that makes me think of insurance—but my guess is that UTCFS did their homework and the folks like the new name. And I’ll be happy not to have to write UTC Fire and Security all the time too. And, on top of that, they’ve got a new president, Scott Buckout. Here’s Tess’s blog with more info. She’s also meeting with these guys on Wednesday or Thursday, so we’ll have more on this too.
While I’m getting on the plane, which is then of course, delayed--I learn that Axis is announcing a deal today with an EMC company for a hosted video storage solution aimed at small- and medium sized business.
Iomega is an EMC company based in San Diego, that does data storage solutions for small and medium businesses. Iomega is going to offer its StorCenter network storage products with the AXIS Video Hosting System (AVHS) from Axis Communications. Axis’ AVHS is designed for “fast onsite deployments of a few cameras per site–typically less than 10–and is especially beneficial for organizations with many sites, such as franchises and bank branches.” The NAS models, which are shipping now, “have an integrated AVHS client that enables customers to store video files locally and at HDTV or megapixel resolution while simultaneously streaming video data to a secure off-site storage facility developed by their hosting provider.”
In a prepared statement, Jonathan Huberman, president of Iomega Corporation, said: “Eliminating the need for expensive and complex DVRs, as well as reducing the necessity of elaborate onsite infrastructure for low camera count deployments, gives our mutual customers a more secure, highly available and cost-effective solution for their video surveillance needs.”
I’m talking to Axis at some point today, so there will be more on this later.
Right now I’m 30 minutes late for the Honeywell Commercial Dealer Forum. They’ve traditionally met the day before ISC West starts. I’ve been to the First Alert conference (their resi/small-business dealers) many times, but since I just started covering the commercial and systems integration beat in September, this will be my first time attending this event.
They’ve got a full agenda lined up from 8-5 today, with dinner to follow. I’m going to have to miss the festivities tonight, as I’m going to the Women’s Security Council kick-off reception. It’s from 6-8 at the V-Bar at the Venetian. Here’s a link to a my blog about that organization and the event.
My goal is to get to the Honeywell event by 10, but first I need to go do a little run to stretch these tired legs. Can’t wait until this afternoon. My phone says it’s 48 degrees right now. That’s already a little warm for me!
You all signed up for the Security 5K? It’s Thursday morning 7:30. Here’s the link. Sign up now.