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Alarm.com sets price at $14 per share

Stock to begin trading on NASDAQ today
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06/26/2015

VIENNA, Va.—Alarm.com Holdings Inc. has priced its initial public offering of 7 million shares of common stock at $14 per share. The shares are expected to begin trading on NASDAQ today, June 26, under “ALRM,” according to the company.

Vigilance is up and running

New emergency notification system developer looking to broaden footprint
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06/22/2015

SOUTH PORTLAND, Maine—Vigilance, a relatively new player in the ENS market based here, already has a Northeast presence with hopes of greatly expanding its footprint.

3VR sees benefit in rep firms

Rep firms help the company expand in geographies, verticals
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06/16/2015

SAN FRANCISCO—3VR, a video intelligence company based here, expanded a year ago into a manufacturer representative model with positive results in the last 12 months.

Stefan Widing to lead HID Global

Widing replaces Denis Hebert who left in May
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06/12/2015

STOCKHOLM—Stefan Widing will take over as head of HID Global and EVP of ASSA ABLOY, parent company of HID, on Aug. 1.

Drako pays $50m cash for Brivo

Barracuda Networks and Eagle Eye Networks founder buys cloud-based access control company, said move to cloud-based systems is accelerating
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06/10/2015

AUSTIN, Texas–Dean Drako, founder of Barracuda Networks and Eagle Eye Networks, today announced his purchase of Brivo Systems for $50 million cash.

Deal closed: Vanderbilt buys Siemens Security Products

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06/01/2015

PARSIPPANY, N.J.—Vanderbilt Industries today announced it has completed the acquisition of the Security Products business from Siemens.

Prime time for Alarm.com IPO

Interactive services provider files for $75m IPO
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05/27/2015

VIENNA, Va.—It has been a year since reports surfaced that Alarm.com owner ABS wanted to exit its investment. The wait may have been worthwhile, according to experts who spoke to Security Systems News. Now is a good time for Alarm.com, a fast-growing, market-leading provider of interactive services, to go public, they say.

Hebert departs HID

Sodergren named interim CEO
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05/23/2015

AUSTIN, Texas—Denis Hebert has resigned his position as president and CEO of HID Global. Ulf Södergren, CTO of parent company ASSA ABLOY, has been appointed as interim CEO for HID, Ann Holmberg, ASSA ABLOY manager of corporate communications told Security Systems News.

DVTEL receives $9m

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05/20/2015

RIDGEFIELD PARK, N.J.—Video surveillance provider DVTEL has earmarked the $9 million investment it received for acquisitions and innovation.

De Fina joins Hikvision USA

Frank De Fina will lead sales effort for fast-growing camera company
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05/18/2015

CITY OF INDUSTRY, Calif.–Frank De Fina, who has worked with video surveillance companies such as Panasonic, Samsung and Sightlogix, has joined Hikvision USA, one of the fastest growing video surveillance companies, Hikvision announced today.

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Poll

SSN News Poll August 2015

Physical security information management—PSIM—software has been around for a decade, but disagreement about what PSIM is and where it belongs persists. PSIM is projected to grow in the North American market by $1.3 billion by 2019. How do you view PSIM?

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