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ABC’s next step is consolidation

SSN Staff  - 
05/01/2004

LEWISVILLE, Texas - American Building Controls is moving forward with its reorganization, recently announcing plans to bring its MDI Security Systems and ABM Data Systems operations to a single location.

The consolidation will result in MDI Security and ABM Data sharing a 32,000-square-foot office and warehouse facility in San Antonio, Texas, and a significant reduction in workforce.

Business relationship turns into a case of acquisition opportunity

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05/01/2004

EXPORT, Pa. - A manufacturing and distribution alliance between American Auto-Matrix and access control company ControlSoft has evolved into a new relationship, with American Auto-Matrix recently buying that business.

Honeywell looks to score with power play

The company’s fire group launches a division to provide power supplies for burg, CCTV
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05/01/2004

NORTHFORD, Conn. - Hon-eywell Fire Group has officially launched a new division aimed at providing power solutions for electronic security and life safety products.

Fargo seeks injunction against firm for copy cat ribbon, files lawsuit

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05/01/2004

EDEN PRAIRIE, Minn. - Card printer manufacturer Fargo Electronics has filed a lawsuit against one of its product distributors claiming that a printer ribbon recently introduced by IRIS Companies infringed on a Fargo patent.

Another new building? Yes, it’s so

SSN Staff  - 
05/01/2004

Pelco’s new facility could help accommodate 500 employees
CLOVIS, Calif. - Pelco is embarking on yet another expansion project, this time building a 144,000-square-foot facility on its 40-acre campus that will help the video products company accommodate at least 500 additional employees.

March Networks taps industry veteran for CEO role

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05/01/2004

OTTAWA - Terry Matthews, the founder of March Networks and a number of other Canadian technology companies, has handed the president and chief executive officer reins to a veteran of the security industry.

In April company officials announced that Peter Strom, who joined March Networks last year as vice president of global sales, marketing and product management and was later promoted to chief operating officer, has taken over those duties.

Name change signals expansion plans on the horizon

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05/01/2004

CHESHIRE, Conn. - Edwards Signaling has adopted a new name meant to represent an expanded portfolio of products scheduled for release in 12 months.

Reverse merger takes GVI Security public

The company, which sells products as Samsung CCTV, plans to build its product portfolio
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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.

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Poll

SSN News Poll January 2017

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?