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Pivot3 looks to sustain record growth

Company revenue increases by 84 percent in 2016 as HCI takes off
 - 
02/13/2017

AUSTIN, Texas—Pivot3, a leader in hyperconverged infrastructure (HCI) solutions for the modern data center, experienced record growth throughout 2016, with total revenue increasing by 84 percent over the prior year—including a more than 200-percent increase in Q4 2016 from Q4 2015—and significant deals secured across federal, healthcare and education customers.

Hanwha Techwin unveils new chip set

Wisenet name to replace Samsung on products moving forward
 - 
01/25/2017

TEANECK, N.J.—Hanwha Techwin unveiled its latest chipset, Wisenet 5, on Jan. 20, announcing that the company is also moving forward with a branding initiative that will put the Wisenet logo, instead of Samsung’s, on all its cameras and products moving forward.

Alarm.com to develop drones

Aerial robotics will work in tandem with company’s new data fusion engine
 - 
01/19/2017

TYSONS, Va.—Alarm.com announced at CES in January that it will develop drone applications for smart home and business security that work in tandem with the Qualcomm Snapdragon Flight Drone Platform, and with the company’s newly developed Insights Engine, a multi-sensor learning capability that recognizes and proactively responds to unexpected activity around a property.

Nortek Security & Control unveils new hybrid panel

System supports 2GIG wireless sensors, Z-Wave devices; cell radio coming
 - 
01/19/2017

CARLSBAD, Calif.—Nortek Security & Control unveiled its new 2GIG Vario Hybrid Security System at CES 2017 in January. The complete Vario system consists of a security control panel with on-board hardwire inputs and outputs, which can add wireless capabilities to take advantage of 2GIG’s existing wireless solutions.

Hanwha Techwin America moves to new headquarters

New location increases space and technical capabilities
 - 
01/11/2017

RIDGEFIELD PARK, N.J.—Hanwha Techwin America, based here for the past 12 years, will be moving into its new headquarters in Teaneck, N.J., by Jan. 16.

Stanley Black & Decker agrees to sell mechanical security businesses for $725m

dormakaba to purchase BEST Access, phi Precision and GMT
 - 
12/22/2016

NEW BRITAIN, Conn.—Stanley Black & Decker yesterday announced that it has entered into a definitive agreement to sell the majority of its mechanical security businesses, including commercial hardware brands BEST Access, phi Precision and GMT to access and security solution provider dormakaba for $725 million in cash. The deal is subject to customary regulatory approvals.

HID Global acquires Bluvision

Deal expands company’s Bluetooth solutions for the enterprise IoT market
 - 
12/19/2016

AUSTIN, Texas—HID Global, a company that specializes in identity solutions, has acquired Bluvision, a Bluetooth Low Energy (BLE) provider in the enterprise Internet of Things (IoT) market. The deal closed Dec. 1, and financial terms were not disclosed.

ACRE LLC acquires ComNet

Deal adds telecom infrastructure to support video surveillance efforts
 - 
12/14/2016

NEW LONDON and DANBURY, Conn.—ACRE LLC, the holding company that owns Vanderbilt Industries, Mercury Security and recently acquired ACT in Ireland, announced this week the acquisition of Communication Networks LLC (ComNet), a manufacturer of video and data transmission equipment based in Danbury, Conn.

Survey says millennial renters want a smart home too

Some millennials would prefer smart home features over parking spaces
 - 
12/14/2016

CARMEL, Ind.—Door hardware company Schlage conducted a study with Wakefield Research showing that millennials in multi-family housing would pay more, or give up other amenities, for smart home features.

Safran Identity and Security to open new location

Silicon Valley spot benefits the company
 - 
12/07/2016

REDWOOD CITY, Calif.—Safran Identity and Security is opening a new office here, with plans to be fully moved in and operational in Q1 2017.

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Poll

SSN News Poll November 2017

In the past month hurricane Harvey has struck Texas and Hurricane Irma has greatly impacted Florida. As companies that provide life safety, peace of mind and security, how do you prepare for large natural disasters?