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Reorg at UTC Fire & Security

UTC is the latest to announce organizational changes affecting its security group
 - 
09/29/2011

HARTFORD, Conn.—UTC Fire & Security is no longer a standalone business at United Technologies Corp., the company announced yesterday.

Security cluster cultivated in Cleveland Heights

FST21 will anchor for security hub
 - 
09/26/2011

CLEVELAND HEIGHTS, Ohio—Officials here are at the beginning stages of a plan to establish a “security cluster,” in this city. They want to make Cleveland Heights a regional center for security technology development and installation expertise, and they’ve already got one security company onboard:  intelligent access control company FST21.

Cisco invests in VidSys

 - 
09/16/2011

VIENNA, Va.–VidSys, a major PSIM provider based here, announced today it has closed a recent round of funding that includes Cisco.

Tyco to buy Visonic for $100 million

Visonic is global manufacturer of security products, notably new wireless products
 - 
09/15/2011

SCHAFFHAUSEN, Switzerland—Tyco International will acquire security product manufacturer Visonic for $100 million, the company announced today. The deal is expected to close before the end of the year and is subject to customary closing conditions.

VideoIQ gets $7.5m and new CEO

Ed Bednarcik joins VideoIQ
 - 
09/14/2011

BEDFORD, Mass.—VideoIQ’s new CEO, Ed Bednarcik, who is known for readying companies for IPOs, outlined steps he’ll take to take VideoIQ “to the next level,” during a Sept. 12 interview with Security Systems News.

Back from bankruptcy, Steelbox releases new VMS

CEO says new product line strengthens company
 - 
09/12/2011

ALPHARETTA, Ga.—After flying under the radar for a few years following its bankruptcy and subsequent acquisition, Steelbox has re-emerged with a new and expanded catalog of products.

EGD secures $42.5m

Its system is solar-powered, electrified, and sold on a subscription basis
 - 
09/08/2011

COLUMBIA, S.C.—Electric Guard Dog, based here, a manufacturer and installer of a solar-powered perimeter security system that is electrified and monitored by a central station, announced this week that it secured a new $42.5 million credit facility with CapitalSource.

DTT gets $20m, eyes convenience store space

Turnkey surveillance solution provider has low attrition, high growth
 - 
09/06/2011

LOS ANGELES—With a $5 million increase in its credit facility, DTT Surveillance intends to enter new retail verticals, Sam Naficy, DTT president and CEO, told

Security Systems News

.

Raefield leaves Mace; Smith is new CEO

Richard Barone talks about what change signifies
 - 
08/23/2011

HORSHAM, Pa.—The change in leadership at Mace Security International does not signify a change in plans for the company, but rather, a change in the character of the company, Richard Barone, chairman of the Mace Board of Directors and chairman of the executive committee for the Ancora Group, told Security Systems News.

BriefCam will be on-demand

Video synopsis company announces new model and Pivot3 partnership
 - 
08/18/2011

NEVE ILAN, Israel—BriefCam will introduce a new on-demand model of its Video Synopsis software at next month’s ASIS conference, said company CEO Dror Irani.
The Israel-based company, which last week announced a partnership with Pivot3, believes the ability for end users to create on-demand video synopses will offer easier access to “business intelligence” and reduce the amount of hardware needed compared to a traditional video surveillance and analytics model, according to Irani.

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