SOLNA, Sweden--Siemens Building Technologies, a company known for a taking a conservative approach when it comes to acquisitions, made an unexpected move in November when it announced plans to buy Bewator AB, a manufacturer of access control and video products.
It marks only the second security acquisition in two years for German corporation Siemens AG, which operates security businesses in North America, Europe and Asia Pacific.
AUSTIN, Texas--Netbotz, a company with an IP-based product that combines the environment monitoring of data centers with video, has come together with network infrastructure visionary American Power Conversion.
The $31 million transaction takes privately held Netbotz, which was owned by venture capitalists, into the public arena as a subsidiary of APC and provides it with additional resources to expand into the data center market.
VAUGHAN, Ontario--To offer a fire product to the mainstream security market in the United States, Mircom is rebranding a product line early next year under the Summit Systems Technologies name.
The additional fire product brand includes three series of fire alarm panels and a complete line of smoke detectors, pull stations, duct detectors and other accessories.
Vidient Systems secured $12 million in funding to accelerate market expansion of its intelligent video software.
New investor Canaan Partners led the round with initial investors Blueprint Ventures, Trident Capital and Hotung Venture Capital.