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ADT partners with LG Electronics, Nest

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05/14/2015

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
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05/13/2015

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
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05/08/2015

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
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05/06/2015

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
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05/05/2015

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
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04/29/2015

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.

SureView Systems: Timely deployment is key

15 percent of turnover invested in product development annually
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04/14/2015

TAMPA, Fla.—Rapid deployment of systems is a must to keep corporate customers happy, according to Graham Johnson, CEO of SureView Systems, a provider of command center and central station software

University of Illinois adds more Scallop cameras

Camera design and capabilities suit schools
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04/10/2015

BOSTON—Steve Gorski, Scallop Imaging chief sales officer, called the University of Illinois Urbana-Champaign “a very loyal customer” that has increased the number of Scallop cameras over the past three years.

OnSSI to acquire German-based VMS provider

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04/09/2015

PEARL RIVER, N.Y. – Video management software company OnSSI will acquire SeeTec AG, a privately held company based in Germany that provides VMS solutions in Europe.

Tyco Security Products wants to invest in your start-up

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04/07/2015

WESTFORD, Mass.—In an attempt to accelerate the innovation process, Tyco Security Products announced that it is investing in tech startups.

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SSN News Poll March 2016

One research firm projects strong growth for the biometric market. This topic will be debated at TechSec next month. What's your opinion?

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