ST. LOUIS—Hackett Security’s acquisition of Avery Security will bring a number of retail customers likely to be interested in Hackett’s video monitoring and other services, according to Michael Hackett, CEO and president of Hackett Security.
CENTURY CITY, Calif.—CapitalSource will still be a source of lending for the security industry after it merges with PacWest Bancorp in a $2.3 billion deal early next year. In fact, CapitalSource’s managing director Will Schmidt says he expects the security team to grow in the next few months.
LOS ANGELES—DTT Surveillance, a manufacturer and integrator of video surveillance solutions, is opening a new corporate office in Las Vegas, plans to hire 500 new employees and is breaking into two new vertical markets.
MADISON, Wis.—Capital Fire & Security, an integrator based here, has built out a new mesh network in this market and it’s expecting the adoption to accelerate as it launches a campaign to let current and new customers know about this new offering.
AUSTIN, Texas—The drive for open standards in the access control market continues to trail a similar push in video surveillance, potentially limiting growth, but global access-control revenues are still expected to rise from $2.1 billion in 2011 to $2.3 billion by the end of 2013, according to a new report by IMS Research.
CHIGAGO—Systems integrator SDI is now a $55 million business after the acquisition, announced this week, of i-sys, a $15 million systems integrator that specializes in integrated security, environmental and fire safety solutions.
Some companies this year have discussed the benefit of moving from operating their own central stations to partnering with a third party monitoring center, including RFI Communications, Red Hawk Fire & Security and Comtronics. Will more companies switch to using wholesale centrals?