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Canon-Axis deal done despite hedge-fund holdout

Canon now owns 84 percent of shares, Elliott Management increases stake

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.

SureView Systems: Timely deployment is key

15 percent of turnover invested in product development annually

TAMPA, Fla.—Rapid deployment of systems is a must to keep corporate customers happy, according to Graham Johnson, CEO of SureView Systems, a provider of command center and central station software

University of Illinois adds more Scallop cameras

Camera design and capabilities suit schools

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.

OnSSI to acquire German-based VMS provider


PEARL RIVER, N.Y. – Video management software company OnSSI will acquire SeeTec AG, a privately held company based in Germany that provides VMS solutions in Europe.

Tyco Security Products wants to invest in your start-up


WESTFORD, Mass.—In an attempt to accelerate the innovation process, Tyco Security Products announced that it is investing in tech startups.

HID acquires Quantum Secure

Kessler: Acquisition is 'last step' to fill out identity portfolio

AUSTIN, Texas—Secure identity provider HID Global has acquired Quantum Secure, a provider of identity management software. Denis Hebert, HID Global CEO, told Security Systems News that the deal brings an important new capability to HID.

Icontrol targets independent dealer

New connected home platform designed to give big-company technology to smaller dealers

REDWOOD CITY, Calif.—Independent dealers for the first time now can take advantage of Icontrol Networks’ connected home platform.

Axis introduces Zipstream for more compression

New technology reduces storage, bandwidth by half

CHELMSFORD, Mass.—In what Axis’ Fredrik Nilsson called a “major innovation that will fuel the growth of the [network video] market” Axis Communications launched Zipstream, a new compression technology, that it says consumes half of the storage and bandwidth of H.264.

Transforming products to services

Women in security technology profile: Irene Lam, VP of R&D and engineering, Tyco Security Products

BOSTON—After eight years working for startups, Irene Lam joined Tyco Security Products in 2004 to check out the 9-to-5 world of corporate America.

Razberi moves to bigger HQ

Triple the size, about a mile away

FARMERS BRANCH, Texas—Tom Galvin, CEO of Razberi, a supplier of network video solutions, said his company only missed two days in production when it moved to a bigger headquarters here.



SSN News Poll December 2016

Some companies take a focused approach to breaking into­—or growing within particular—vertical markets; "We are really heavy on the casino side, so we decided—let’s be the No. 1 gaming integrator in North America,” said Surveillance Systems Inc. president Todd Flowers. Where do you see the next big opportunity?