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Pivot3 closes $12 million round

Hyper-converged infrastructure provider adds new investor S3 Ventures, new CFO Mike Dansby
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08/13/2014

AUSTIN, Texas—Storage provider Pivot3 on August 7 closed a $12 million funding round which will be used for “product development, sales and marketing," Pivot3 CEO Ron Nash told Security Systems News.

Anixter to acquire Tri-Ed for $420 million

Anixter gets branch network, 20k dealers, intrusion and fire capability, access to resi and small business sector
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08/11/2014

GLENVIEW, Ill.—Today, Anixter International announced that it will acquire Tri-Ed for $420 million, so now Tri-Ed, which had aspirations to become a "billion dollar distribution business," will be part of a $1.7 billion security distribution company.

Michael Dell makes ‘multi-million dollar’ investment in VMS provider Eagle Eye Networks

Enrique Salem of Symantec and Austin Ventures also participated in Series B funding
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07/31/2014

AUSTIN, Texas—In his first personal investment in physical security, Michael Dell, founder and CEO of Dell Inc., today announced a “multi-million dollar” investment in VMS provider Eagle Eye Networks.

Vivint creates CSO position, hires federal cyber expert Joe Albaugh

New Vivint CSO Albaugh was security chief at DOT, FAA
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07/30/2014

PROVO, Utah—Joe Albaugh, who today joined Vivint in the newly created position of chief security officer, brings significant cyber expertise, having previously served as chief information security officer at the U.S. Department of Transportation and also at the Federal Aviation Administration.

More in store for Samsung ‘Eco Partners’

Camera manufacturer enhances ‘STEP’ program, launched at ISC West
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07/25/2014

RIDGEFIELD PARK, N.J.—Samsung’s strategic partners can more easily submit project registration, access training, and up-to-date pricing and other product information as part of enhancements the camera manufacturer is making to its Samsung Techwin Eco Partners (STEP) program.

De Fina joins SightLogix

Former head of Panasonic, Samsung, joins smart thermal camera manufacturer
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07/15/2014

PRINCETON, N.J.—Calling it the “next great company,” Frank De Fina announced today that he’s joining smart thermal camera manufacturer SightLogix as EVP of sales and marketing.

Security distributor decides on its own security for inventory, employees

GSS opts for Mobotix for cameras, video door stations
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07/14/2014

CHANTILLY, Va.—Global Surveillance System, a national distributor of video surveillance and low-voltage security equipment, had to decide what kind of security it would itself deploy at a brand new 3,000-square-foot warehouse and an office building here.

Costar Technologies buys CohuHD for $10m cash

Combined company has closed three deals already
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07/09/2014

COPPELL, Texas—In the month since it closed a $10 million cash deal to buy CohuHD, Costar Technologies and CohuHD have closed three deals together.

PlateSmart takes license plate recognition to the cloud

‘Software-only solution’ uses existing equipment
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06/30/2014

OLDMAR, Fla.—PlateSmart, which bills itself as the first “software-only license plate recognition solution,” is in growth mode as it prepares to launch a SaaS-based LPR solution, company CEO John Chigos told Security Systems News.

3xLOGIC acquires Sonitrol product development

Deal brings central station intelligence to 3xLOGIC and innovation to Sonitrol
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06/17/2014

WESTMINSTER, Colo.—Intelligent video surveillance solution provider 3xLOGIC on June 13 announced it has acquired the product development and research group of Sonitrol from Stanley Security.

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Poll

SSN News Poll December 2014

In the wake of the recent expiration of their non-compete agreement, former sister companies ADT and TycoIS are now battling it out for a piece of the lucrative small-business pie. How will this affect the competitive landscape and regional providers? Tell us what you think.

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