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Verint to become independent, public company

Deal announced to ‘buy out’ parent company in share exchange
 - 
08/15/2012

MELVILLE, N.Y.—If the merger deal with its parent company, Comverse Technology Inc. (CTI), goes through as planned, video surveillance provider Verint will be a 100 percent independent public company as early as February.

ASSA ABLOY buys Alarm Controls

Alarm Controls valued for customization, price point of products
 - 
08/15/2012

STOCKHOLM, Sweden and DEER PARK, N.Y.—In acquiring Alarm Controls Corp., ASSA ABLOY is gaining a company that has the “ability and willingness to do custom work,” said Scott Baker, president of ASSA ABLOY Electro-Mechanical Specialties and OEM Group.

Mercury and Lenel settle

Long-term agreement said to give market ‘more choice’
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08/08/2012

LONG BEACH, Calif. and ROCHESTER, N.Y.—Lenel and Mercury’s recent settlement of a year-long lawsuit not only renews a 16-year partnership between the two companies, but means more growth opportunities for the two manufacturers and their integrator partners, president Joe Kirmser told Security Systems News.

Leviton acquires Home Automation Inc.

Acquisition broadens Leviton's offerings in automation controls market
 - 
08/03/2012

MELVILLE, N.Y.—Leviton, based here, announced on Aug. 3 that it has acquired Home Automation Inc., a provider of home automation controls for residential and light commercial applications. Terms of the deal were not disclosed.

LG: We’re back in the USA security market

Electronics giant makes video surveillance products available in the United States, again
 - 
07/25/2012

LINCOLNSHIRE, Ill.—LG Electronics announced on Monday that it is bringing its security products to the United States and is launching a new line of cameras and DVRs.

Double hemispheric camera called ideal for hotel, bank applications

 - 
07/24/2012

NEW YORK—Mobotix in July introduced a new “flexible" double hemispheric camera called the S14 FlexMount, which the company said can fully secure two rooms “located next to or on top of one another” with one camera.

Tri-Ed/Northern buys one, opens two

Flush from its acquisition by Audax Group, company expands
 - 
07/18/2012

WOODBURY, N.Y.—As promised when it was acquired by private equity firm Audax Group in April, Tri-Ed/Northern Video is expanding. The independent national distributor on July 16 announced the acquisition of Seabreeze Security Distributors of Orlando, Fla., and announced plans to open two new branches: one in Detroit and one in Raleigh, N.C.

OV, Vivotek reach agreement

ITC trial involving Bosch, Samsung set for this week
 - 
07/16/2012

RESTON, Va.—Video analytics provider Object Video announced in June that it has signed a patent licensing agreement with Vivotek. Meanwhile, its patent battle with major video surveillance providers Samsung and Bosch will continue, with an International Trade Commission trial scheduled to begin this week.

Guarda acquires McKinnon

McKinnon is $18m guard company, specializes in mining industry
 - 
07/16/2012

MONTREAL—In a deal that will help it take advantage of the expansion of mining in the province of Quebec, Guarda Security Solutions on July 13 announced the acquisition of McKinnon Services.

VidSys says PSIM market maturing

VidSys founder says new Frost & Sullivan PSIM categories helps educate market
 - 
07/11/2012

VIENNA, Va.—While there is still some confusion in the market about what constitutes a “true PSIM” and what’s merely a “PSIM wannabe,” the market is maturing and demand is growing, James Chong, founder and CTO of PSIM provider VidSys, told Security Systems News.

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Poll

SSN News Poll November 2014

The Custom Electronic Design & Installation Association's CEDIA Expo is a home technology trade show with products and training related to audio, video, control, security and networking—and it's growing. CEDIA says the 2014 event, held Sept. 10-13 in Denver, had more than 18,500 attendees, an increase of 3 percent, and floor space increased 14 percent for the 480 exhibitors. But is this show growing in importance for the security industry? Tell us what you think.

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