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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

 - 
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
 - 
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.

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.

ActivCard’s CEO is out due to ‘difference of opinion’

SSN Staff  - 
04/01/2004

FREMONT, Calif. - Four months after coming onboard to lead ActivCard, chief executive officer George Garrick has already left the company.

Digital revolution ushers in new security player StorageTek

 - 
04/01/2004

LOUISVILLE, Colo. - Data storage company StorageTek has officially entered the physical security market, providing systems integrators with the ability to store large amounts of digital information and provide access to multiple users.

Manufacturer of testing products adopts new name

 - 
04/01/2004

VERNON HILLS, Ill. - To better represent the array of products it offers and the market that it serves, Home Safeguard Industries has created a new division called HSI Fire & Safety Group.

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