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Honeywell drops UTC bid, buys Videofied for $123 million

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03/01/2016

MELVILLE, N.Y.—In two separate announcements Honeywell today said it is no longer pursuing a merger with UTC, and it also said it has purchased video verification provider Videofied (RSI Video Technologies) for $123 million.

UniKey unlocking commercial potential

SMB already using company’s residential product
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02/24/2016

WINTER PARK, Fla.—UniKey, a company focused on keyless entry, is planning to roll out a commercial offering this year, Phil Dumas, UniKey president, told Security Systems News.

Milestone's Palmquist on community vs. company

Palmquist: 'Community trumps end-to-end all day long'
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02/24/2016

SCOTTSDALE, Ariz.—There was a lot of talk during the first day of MIPS (Milestone Integration Platform Symposium) about Milestone transforming itself from the “open platform company to the open platform community.”

Avigilon goes to The Hub

Avigilon's Analytics and Data Science Center of Excellence looks to recruit top R&D talent
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02/12/2016

SOMERVILLE, Mass.—Avigilon, a video surveillance, access control and security solution provider based in Vancouver, today is opening a new office here, just outside of Boston.

Pivot3 to Acquire NexGen Storage

Milne: Storage solutions address needs of video surveillance
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02/10/2016

AUSTIN, Texas—Hyper-converged infrastructure (HCI) provider Pivot3 on Jan. 27 announced it will acquire NexGen Storage, a provider of hybrid storage appliances, dynamic all-flash arrays and Quality of Service (QoS) capabilities.

Genetec to release cyber hardening guide

Racz: Genetec sees need to ‘raise the bar’ for integrators on cybersecurity
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02/08/2016

MONTREAL—In its latest cybersecurity initiative, Genetec, a provider of unified IP security solutions based here, is releasing a cybersecurity hardening guide for its integrator partners at the end of February.

Honeywell buys smoke detection business

Deal will incorporate Xtralis into Honeywell’s Security and Fire division
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02/05/2016

MELVILLE, N.Y.—Honeywell announced on Feb. 4 it will acquire Xtralis, a smoke detection, security and video analytics company, for $480 million.

Tri-Ed opens new branch, plans co-locations with Clark

Boston and Denver picked as test markets for co-location
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02/03/2016

WOODBURY, N.Y.—Tri-Ed, a distributor, announced the opening of a new branch in Memphis and the intention to co-locate two new locations with Clark Security, a locksmith division of Tri-Ed’s parent company Anixter.

Axis’ Citilog purchase to bring more tools to customers

Kessler: Deal means easier access to intelligence and integration for higher end projects
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02/03/2016

STOCKHOLM—Network video provider Axis Communications on Feb. 1 announced the acquisition of Citilog, a provider of intelligent real-time video monitoring for traffic and transportation security and safety.

Johnson Controls to merge with Tyco

Deal brings security capabilities to building automation strategy, tax inversion benefit
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01/25/2016

MILWAUKEE and CORK, Ireland—In a deal that brings strategic security capabilities and substantial tax benefits, Johnson Controls announced today that it will merge with Tyco. The deal was approved by the board of directors of both companies and is expected to close at the end of 2016.

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Poll

SSN News Poll July 2016

With cybersecurity dominating much of the conversation at PSA-TEC and elsewhere, this month’s News Poll wants to know how your company is addressing cybersecurity.

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