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Battery Ventures to buy NICE security unit for $100 million

Shabtai named president of new standalone company, Battery eyes further acquisitions
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08/03/2015

BOSTON—Battery Ventures, a technology investment firm based here, announced today it will acquire the physical security business unit (PSBU) of NICE Systems for up to $100 million.

Frank De Fina, security industry veteran, dies

Executive at Panasonic, Samsung, SightLogix and Hikvision; accomplished musician; founded college security degree program
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07/27/2015

PRINCETON, N.J.—Security industry veteran Frank De Fina, 61, who served as a top executive for a number of video surveillance companies including Panasonic, Samsung, SightLogix and most recently Hikvision USA, died July 26 at Allegheny General Hospital in Pittsburgh.

Raymond James goes to Washington

Security investment banking group expands expertise in cybersecurity, intelligence communications and defense electronics
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07/08/2015

WASHINGTON—Investment banking group Raymond James now has an office here and has added five new bankers to its Security, Defense and Government Services practice.

Leong new CFO of Avigilon

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07/02/2015

VANCOUVER, British Columbia—Ric Leong has been named CFO of video surveillance provider Avigilon Corporation. He replaces Wan Jung, who will continue to serve on the company’s board of directors.

Nortek Security & Control buys Numera for mPERS

With acquisition, company will be on forefront of ‘aging in place,’ president says
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07/01/2015

CARLSBAD, Calif.—Nortek Security & Control has purchased Numera Inc. for a reported $12 million.

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
 - 
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.

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Poll

SSN News Poll September 2015

The Millennial generation, those born between 1980 and 2000, were discussed at ESX. Panelists at the show discussed how to best train the generation in monitoring centers. Others noted that they’re a driving force behind the home automation and DIY market. How do Millennials affect your business?

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