Subscribe to Suppliers


Hebert departs HID

Sodergren named interim CEO

AUSTIN, Texas—Denis Hebert has resigned his position as president and CEO of HID Global. Ulf Södergren, CTO of parent company ASSA ABLOY, has been appointed as interim CEO for HID, Ann Holmberg, ASSA ABLOY manager of corporate communications told Security Systems News.

DVTEL receives $9m


RIDGEFIELD PARK, N.J.—Video surveillance provider DVTEL has earmarked the $9 million investment it received for acquisitions and innovation.

De Fina joins Hikvision USA

Frank De Fina will lead sales effort for fast-growing camera company

CITY OF INDUSTRY, Calif.–Frank De Fina, who has worked with video surveillance companies such as Panasonic, Samsung and Sightlogix, has joined Hikvision USA, one of the fastest growing video surveillance companies, Hikvision announced today.

Saptharishi to lead Avigilon’s Center of Excellence initiative

Avigilon announces normal course issuer bid

VANCOUVER—Avigilon CTO and SVP Mahesh Saptharishi will lead the video and security solution provider’s Centers of Excellence initiative, Avigilon announced May 11.

ADT partners with LG Electronics, Nest


BOCA RATON, Fla.—Rumors that ADT is working with Google’s Nest are not rumors after all. ADT CEO Naren Gursahaney announced today at an investor conference that ADT is partnering with Google’s Nest and with LG Electronics.

FST Biometrics to continue growth with $15m investment

U.S. to remain primary market for biometrics access control solution

RISHON LEZION, Israel—FST Biometrics will use a recent $15 million infusion from GMF Capital to continue to expand in the United States and into other new enterprise markets, according to CMO Arie Melamed Yekel.

Envysion acquires LightHaus, adds analytics capabilities

Managed VSaas provider says retail customers will benefit

LOUISVILLE, Colo.—Envysion, a managed video surveillance as a service (VSaaS) provider based here, on May 7 announced its acquisition of analytics developer LightHaus Logic.

Icontrol’s new CMO aims for ‘frustration-free’ customer experience

Consumers now seek simplicity, integration, she says

REDWOOD CITY, Calif.—Icontrol’s new chief marketing officer wants to ensure that consumers and dealers have an all-around “frustration-free” experience when interacting with the company.

Stang Capital Advisory opens its doors

Former banker to help companies get financing, will advise banks and PE players, too

CHICAGO—David Stang, who led Bank of America’s Security Alarm Group for the past 10 years, this week launched Stang Capital Advisory to assist middle-market companies with financing.

Canon-Axis deal done despite hedge-fund holdout

Canon now owns 84 percent of shares, Elliott Management increases stake

TOKYO—In a bid that industry analysts told Security Systems News is intended to get Canon to increase its $2.8 billion offer for Axis Communications, Elliott Management, a New York hedge fund, increased its stake in Axis to 10.91 percent and has not yet sold those shares to Canon.



SSN News Poll January 2016

There's a lot of private equity interest in security. Many top security companies, such as Vivint, Protection 1, CSG Security and Alarm Capital Alliance, are PE-backed. What do you think about private equity's involvement in the security industry?

Refresh Type the characters you see in this picture. Type the characters you see in the picture; if you can't read them, submit the form and a new image will be generated. Not case sensitive.  Switch to audio verification.