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Vanderbilt to acquire Ireland-based access control company

Deal strengthens Vanderbilt’s product offerings in North America
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09/07/2016

WIESBADEN, Germany—Vanderbilt, a global provider of security systems based here, has entered into a definitive agreement to acquire Access Control Technology Ltd (ACT), a Dublin-based company that designs and manufactures enterprise-level and cloud-based access control and video management solutions.

SRI Identity becomes Princeton Identity

Company to focus more heavily on the professional security space
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08/31/2016

PRINCETON, N.J.—Princeton Identity, formerly SRI Identity, on Aug 29 announced its separation from SRI International, launching as an independent company.

JValley Software acquires LENSEC

New ownership provides growth potential for VMS manufacturer
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08/24/2016

HOUSTON—LENSEC, the manufacturer of Perspective VMS based here, has been acquired by JValley Software Solutions, a global software company based in Jordan. The two companies, which have a long history of working together, will remain as separate entities, with LENSEC benefitting greatly from the merger, LENSEC CEO Marianna Leybovich told Security Systems News.

ipDatatel sees greater than 700 percent growth in past three years

Rapid growth lands the company on the Inc. 5000 list for the third year in a row
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08/24/2016

SUGAR LAND, Texas—ipDatatel, a provider of alarm communication hardware and software, saw 742 percent growth between 2012 and 2015, putting the company 512th on the Inc. 5000 list, a designation for the fastest-growing private companies in the United States.

Avigilon helped to secure Rio’s 2016 Olympics

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08/24/2016

VANCOUVER, British Columbia—Avigilon’s technology—including video surveillance cameras, network video recorders and the company’s video management software—was used to keep the 2016 Summer Olympics in Rio de Janeiro safe and secure, the company announced on Aug. 22.

Hikvision secures $3b credit facility

Jeffrey He says North America is fastest growing region
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08/22/2016

CITY OF INDUSTRY, Calif.—Hikvision has secured a five-year, $3 billion credit facility with Export-Import Bank of China, which will enable the video surveillance company to earmark additional funds for global research and development, infrastructure, and equipment and technology procurement.

3xLOGIC expanding to meet demand

Move to new HQ, larger training facility reflect company’s growth
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08/17/2016

WESTMINSTER, Colo.—3xLOGIC, a provider of integrated intelligent security solutions, recently moved into a new, larger HQ here and expanded its Florida Innovations Center facility to meet the increased demand in commercial markets, and to support its expanded university training schedule and locations.

Comnet founder George Lichtblau dies

Innovator in fiber optics passes away at age 78
 - 
08/10/2016

DANBURY, Conn.—Comnet founder, CEO and long-time entrepreneur George J. Lichtblau passed away on Aug. 3, following a long battle with cancer. He was 78.

Pivot3 sees record growth in 2016

Company points to ongoing trends in video surveillance as factors
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08/10/2016

AUSTIN, Texas—Pivot3, a storage solution and hyper-converged infrastructure provider based here, saw record growth in the first six months of 2016—a result of ongoing higher demand and advancing technologies in the video surveillance space.

ScanSource to acquire Intelisys

Company looks to enter telecom and cloud services market
 - 
08/10/2016

GREENVILLE, S.C.—ScanSource, Inc., a global provider of technology products and solutions based here, has entered into a definitive agreement to acquire Intelisys Communications, Inc., a technology services distributor of business telecommunications and cloud services, for about $83.6 million.

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Poll

SSN News Poll January 2017

Some companies this year have discussed the benefit of moving from operating their own central stations to partnering with a third party monitoring center, including RFI Communications, Red Hawk Fire & Security and Comtronics. Will more companies switch to using wholesale centrals?