OMAHA, Neb.--Adesta, a systems integrator and project management company working in security and communications, announced this week that its Physical and Electronic Security Solutions Services have earned certification and designation as a qualified anti-terrorism technology under the SAFETY Act of 2002.
SAN ANTONIO--Argyle Security Acquisition Corporation, a public special-purpose acquisition company, announced in December the purchase of ISI Detention Contracting Group, which does business as ISI Security Group and performs electronic security integration in the commercial and detention markets. ISI will continue as a wholly owned subsidiary of Argyle, and ISI stockholders will receive $16.
LONDON--Northrop Grumman announced Dec. 5 the creation of Northrop Grumman UK Limited, a new UK-registered company based here that will target the UK defense, security, civil government and commercial sectors.
WASHINGTON--The Department of Homeland Security Office of Inspector General released a report in December saying DHS "does not have the capacity needed to effectively plan, oversee, and execute the SBInet program; administer its contracts; and control costs and schedule." This is likely to draw congressional eyes increasingly toward Boeing, which won an indefinite delivery, indefinite quantity contract with U.
MONTREAL--Garda World Security announced in early December the purchase of Kroll Security International, an international provider of high-risk security services, from Kroll, a wholly-owned subsidiary of Marsh & McLennan. As part of the deal, Kroll will enter into a service agreement with Garda for all of its executive and kidnap and ransom service needs.
BEDFORD, Mass.--Touchcom, an integrator working in access control, intrusion, CCTV, employee and visitor management, and interactive building directories, has partnered with CCTV manufacturer Vicon Industries to share technologies and sales relationships.
LONDON--Rentokil Initial, a worldwide corporation employing 70,000, announced last week it is commencing a strategic review of its electronic security business, which brought in more than $500 million in revenues last year. In a conference call with investors held November 30, Rentokil chief executive officer Doug Flynn said that the division "is well managed and has performed strongly," to the tune of $70 million in profit in 2006 with 7.