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.
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.
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.
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.
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.
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.
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.
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.
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?