NEW YORK—Many of the 4,000 residents of the historic Knickerbocker Village apartments in Manhattan have tossed out their access cards. Soon all of them will, because the only thing they’ll need to enter the 12-building, 1,600-unit complex is their face. No more keys, no more access codes.
LOS ANGELES—Arecont Vision’s 40-megapixel, multisensory, 180-degree panoramic camera, which the company announced at ASIS last year, is now shipping. The new camera doubles the resolution available in the 2011 version. So how many megapixels is enough?
NEUHAUSEN, Switzerland—In what Tyco Security Products’ director of product management Steve Carney called a “perfect fit,” Tyco announced July 29 that it has completed the acquisition of VMS provider Exacq Technologies for $150 million in cash.
SAN DIEGO—Wireless surveillance provider MicroPower Technologies announced today that it has a new $5.7 million round of equity financing, which it will use for R&D and to expand into more vertical markets.
IRVINE, Calif.—HID believes that waving your hand in a unique pattern will be another way to increase the security of a smart card or smartphone used for access control in the future, and it announced July 9 several new patents for gesture-based methods of authentication.
SWORDS, Ireland—Ingersoll Rand, which previously said it planned to spin off its security products business at some point this year, today announced that Allegion will be the name of the new company and that it will have revenues of $2.05 billion.