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Reverse merger takes GVI Security public

The company, which sells products as Samsung CCTV, plans to build its product portfolio
 - 
04/01/2004

CARROLLTON, Texas - Public shell company Thinking Tools has bought GVI Security in a transaction that brings the surveillance company to the public market for the first time.

The cost of the reverse merger, as it’s called, was not released, but shareholders of GVI Security received stock as part of the transaction and now own 95 percent equity in Thinking Tools.

ABC ends relationship with former CEO Broady

SSN Staff  - 
03/01/2004

LEWISVILLE, Texas - Am-erican Building Control’s on again, off again relationship with its former chief executive officer and chairman is apparently off again.

The company formerly known as Ultrak announced in late January that it has severed ties with its former executive, George Broady, and settled an outstanding severance package.

A shift ahead at Ortega

 - 
03/01/2004

SANTA CLARA, Calif. - Ortega InfoSystems has changed its approach in the security market, recently deciding to focus on the OEM market rather than aligning with systems integrators to use its video-based management system for access control.

Parties agree on payment terms for CCTV business

 - 
03/01/2004

LEWISVILLE, Texas - A disagreement over Honeywell’s final payment for buying American Building Control’s CCTV business for $36 million has been ironed out.

Honeywell has agreed to pay $3.

National ad campaign taps Lassie

 - 
03/01/2004

WILTON, Conn. - GE Security has made it into the limelight, with parent company General Electric debuting its first security specific national television advertisement as part of its Imagination at Work campaign.

United front ahead for GE Security

Company continues with push to achieve No. 1 status in the marketplace
 - 
03/01/2004

ANAHEIM, Calif. - GE Security is continuing with its push to unite its security business.

Briefs

SSN Staff  - 
03/01/2004

Identix wins $600,000 live-scan contract

MINNETONKA, Minn. - Identix Inc.

ImageWare Systems to cash in on $6.6 million

SSN Staff  - 
03/01/2004

SAN DIEGO - Digital imaging and biometric identification provider ImageWare Systems said in February that it raised $6.6 million through a private placement agreement that will be used to fund the company’s working capital.

It’s Cash and clout for VistaScape

 - 
02/01/2004

ATLANTA - VistaScape Security Systems’ recent $10.5 million round of funding provides the maker of surveillance image analyzing software with more than just cash to expand operations.

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SSN News Poll September 2016

Some traditional security companies—like LOUD Security and Select Security—are entering the DIY market. What do you think about DIY?