BOCA RATON, Fla.—Rumors that ADT is working with Google’s Nest are not rumors after all. ADT CEO Naren Gursahaney announced today at an investor conference that ADT is partnering with Google’s Nest and with LG Electronics.
RISHON LEZION, Israel—FST Biometrics will use a recent $15 million infusion from GMF Capital to continue to expand in the United States and into other new enterprise markets, according to CMO Arie Melamed Yekel.
TOKYO—In a bid that industry analysts told Security Systems News is intended to get Canon to increase its $2.8 billion offer for Axis Communications, Elliott Management, a New York hedge fund, increased its stake in Axis to 10.91 percent and has not yet sold those shares to Canon.
BOSTON—Steve Gorski, Scallop Imaging chief sales officer, called the University of Illinois Urbana-Champaign “a very loyal customer” that has increased the number of Scallop cameras over the past three years.
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?