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GE wraps up IFS acquisition

 - 
06/01/2003

NEWTON, Conn. - GE Industrial Systems finalized its acquisition of fiber optic technology company International Fiber Systems in late April, a deal expected to expand GE’s expertise in the transmission of video, data and signals over fiber optics.

Distributors file case to collect royalties

 - 
06/01/2003

SAN DIEGO, Calif. - Two men who signed agreements to distribute automatic theft detection products from a company that later became Sensormatic have filed a lawsuit against the company and its parent Tyco International claiming they are no longer receiving royalties that are due to them.

Tyco forms retail solutions group

SSN Staff  - 
05/01/2003

BOCA RATON, Fla. - Tyco Fire & Security has formed a global Retail Solutions Group to provide end-to-end solutions for internal and external theft and retail supply chains.

Anixter takes a plug-and-play approach with CCTV systems

 - 
05/01/2003

SKOKIE, Ill. - Eighteen months of work has led product distributor Anixter to create what is considered the first system of its kind that enables systems integrators to take a plug-and-play and open platform approach when installing CCTV systems.

March Networks

hires the former president of Gyyr
 - 
05/01/2003

OTTAWA - The former president of Gyyr has joined up with March Networks to become its senior vice president of global sales, marketing and product management.

In the newly created position, Peter Strom will be responsible for identifying market trends and tying that in with product management and development.

Axcess wins RFID patent award

SSN Staff  - 
05/01/2003

CARROLLTON, Texas - Asset tracking and digital video products manufacturer Axcess Inc. has been awarded a patent that improves security systems through the wireless and automatic identification of people and monitoring of assets.

Honeywell acquires The Gamewell Co.

The deal is Honeywell’s first fire purchase since it bought Silent Knight in 1999
 - 
05/01/2003

ASHLAND, Mass. - Honeywell Fire Solutions Group is expanding its reach in the fire products market, recently announcing its acquisition of privately held The Gamewell Co.

Visonic acquires Elpas through

SSN Staff  - 
05/01/2003

a stock swap
TEL AVIV, Israel - Wireless security and home automation product manufacturer Visonic Technologies has acquired automated asset management solutions provider Elpas in a share swap that will enable the two companies to develop a single comprehensive platform for its combined customer base.

To target both the large institution and home/small office markets, the company will combine facility protection, access control, asset management, personal security, infant abduction and mismatch prevention in a single platform to provide access control and asset protection, company officials said in a release.

Briefs

SSN Staff  - 
05/01/2003

Chamberlain Group buys gate company

ELMHURST, Ill. - Door and gate company The Chamberlain Group has acquired Automatic Gate Supply, a more than 30-year old company that offers access control systems and gate hardware and operators.

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Poll

SSN News Poll May 2015

It seems that another cloud-based security product or service comes out every day. Do you believe, as 3xLOGIC’s Matt Kushner said, “[Integrators] who continue to offer conventional access and video are going to be adding to a shrinking market. The new, growing market is cloud-based managed services.”? Is 2015 the year that cloud will finally have its security industry day in the sun?

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