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Netscape founder enters security space

Jim Clark launches CommandScape, a building management system that integrates security
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08/23/2017

DELRAY BEACH, Fla.—Jim Clark, serial entrepreneur and founder of Silicon Graphics, Netscape, WebMD, MyCFO and Shutterfly, yesterday announced the launch of his latest business venture, CommandScape, an integrated building management system for commercial and premium residential properties.

Xfinity Home passes 1 million customer mark

Comcast integrates Icontrol, earns company of the year award from Frost & Sullivan
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08/16/2017

PHILADELPHIA—Xfinity Home, the total home security and automation solution from Comcast based here, passed the 1 million customer mark in July, while Comcast was recently awarded with the 2017 North America Company of the Year Award from Frost & Sullivan based on its recent analysis of the home automation and security services market.

Qolsys’ second generation panel ships

North American dealers already benefitting from panel’s new features
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08/15/2017

SAN JOSE, Calif.—The Qolsys IQ Panel 2, which officially began shipping through North American distribution locations this summer, offers new features and technology designed specifically for security dealers.

Post merger, Johnson Controls emerges even stronger

Company has greater depth of expertise, resources on both product and integration side of business
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08/15/2017

CORK, Ireland—Since the Tyco-Johnson Controls merger was completed in September 2016, the two security giants have joined forces to become an industry powerhouse, leveraging the combined brands to provide innovation on both the product and integration side of the business.

Security experts launch new cyber company

Edgewise Networks to provide network security ‘where firewalls fail,’ company says
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07/12/2017

BURLINGTON, Mass.—Edgewise Networks, a new start-up company backed by $7 million in initial capital, announced its official launch today. The company’s founders, CEO Peter Smith, a cybersecurity entrepreneur, and CTO Harry Sverdlove, former CTO of Carbon Black (formerly Bit9), are looking to provide a fresh take on network security, one that transcends the limitations of available address-centric controls.

OnSSI secures growth capital investment

Seacoast Capital investment supports company’s key business initiatives
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07/12/2017

PEARL RIVER, N.Y.—OnSSI announced on July 11 the completion of a $16 million private placement by Seacoast Capital, an institutional investor focused on high quality companies based in the U.S., with Imperial Capital acting as financial advisor and placement agent.

Nortek Security and Control reaches shipment milestones

Company has shipped more than 20 million IoT sensors, four million connected systems
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07/05/2017

CARLSBAD, Calif.—Nortek Security and Control on June 28 announced that it has shipped more than 20 million IoT-based security and smart home sensors, as well as four million connected systems.

Hikvision stays on top in 2016 global market share

Company announces sixth straight year at No. 1 in IHS Markit’s video surveillance market report
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07/05/2017

CITY OF INDUSTRY, Calif.—Hikvision, a global supplier of video surveillance products and solutions, has announced that it has again achieved the No.1 position in market share for CCTV and video surveillance equipment worldwide in a recent IHS Markit report.

Hanwha Techwin finding its own identity

Investment in new Wisenet 5 chipset, $100m Vietnam facility shows company’s commitment to innovation
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06/28/2017

TEANECK, N.J.—Hanwha Techwin, a global supplier of solutions for IP and analog video surveillance, continues to build on the momentum created with the unveiling earlier this year of its new in-house developed Wisenet 5 chipset, and the announcement of plans to open a new $100 million manufacturing facility in Vietnam.

Canon’s new company to harness the cloud

ARCUS Global Inc., a spin-off from Milestone Systems, will focus on ‘Video Cloud IoT as a Service’ business, CEO says
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06/28/2017

LONDON—Canon announced on June 27 a new business based in California called ARCUS Global Inc. Owned by Canon Europe and built on the intellectual property, technology and expertise of Canon Group company Milestone Systems, ARCUS Global Inc. will address the significant unmet global market demand from large enterprises for ‘Video Cloud IoT as a Service’ for security and business optimization.

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Poll

SSN News Poll November 2017

In the past month Hurricane Harvey has struck Texas and Hurricane Irma has greatly impacted Florida. As companies that provide life safety, peace of mind and security, how do you prepare for large natural disasters?