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Hebert departs HID

Sodergren named interim CEO
 - 
05/23/2015

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

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05/20/2015

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
 - 
05/18/2015

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
 - 
05/14/2015

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

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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
 - 
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
 - 
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
 - 
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
 - 
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
 - 
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.

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Poll

SSN News Poll August 2016

The final sunset date for 2G—Dec. 31, 2016—is fast approaching. Speakers at last year’s Honeywell CONNECT conference said that dealers needed to get started. John Loud said in early 2016 that avoiding the hassle of 2G conversions would result in more companies looking to sell. Where is your company in the sunset?

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