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Archive: November 2009


On The Editor's Desk

The bolt-on acquisition primer

November 30, 2009Martha Entwistle

Since my first day here, I've been hearing about these wonderful "bolt-on" acquisitions being conducted by alarm companies the world over. So, my interest was piqued by this article, which talks about the difference between primary acquisitions and bolt-ons, from the perspective of private equity. Not apples and apples, I understand, but some food for thought.

Suppliers

Federal Signal sells off industrial lighting business

November 30, 2009SSN Staff

OAK BROOK, Ill.—Federal Signal, a manufacturer and integrator of security and life-safety products, today announced it has completed the sale of its industrial lighting manufacturer subsidiary, Pauluhn, to the Cooper Crouse-Hinds division of Cooper Industries for $35 million. William Osborne, president and chief executive officer, in a release stated, “We are pleased to have completed the sale of Pauluhn to Cooper Industries. This transaction is part of our ongoing efforts to streamline...

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Monitoring Matters

The false alarm fine in this case should be a pound of flesh

November 30, 2009Daniel Gelinas

I was reading through my Google Alerts this morning and came across this somewhat humorous story out of the Outback. Not the steakhouse, but the Land Down Under. Usually I'm all for doing whatever it takes to curtail false alarms since they cost time and money, and strain resources and industry/emergency responder relations. I've certainly touched on the problem before. However, this story is just too funny and seems to be causing no outcry. Seems the false alarm culprit, the bogus bell-ringer...

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Monitoring

DGA Security celebrates 40 years with awards, new headquarters

November 25, 2009Daniel Gelinas

NEW YORK—DGA Security Systems, a provider of security and fire systems based here since 1969, is improving operations in 2010 with a move into a new, larger facility and fulfilling the expectations of the awards it won in late 2009. According to DGA's release, during its 40th anniversary year, DGA became the first company to be honored with both of the security industry's highest awards in the same year. On Oct. 21 at the CSAA Annual Meeting in Athens, Greece, DGA president Stanley Oppenheim...

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Monitoring

Security Networks partners with InfoArmor for first total protection solution

November 25, 2009Daniel Gelinas

SCOTTSDALE, Ariz. and WEST PALM BEACH, Fla.—Identity protection services provider InfoArmor has announced a partnership with Security Networks, a nationwide commercial and residential provider of security monitoring and related services, to offer what it says is the first complete physical and identity security solution bundle. Additionally, Security Networks on Nov. 19 announced it would begin offering Xanboo's Security Enhanced solution for security and energy related broadband interactive...

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On The Editor's Desk

One man's anti-door-knocking solution

November 25, 2009Martha Entwistle

Normally, this would be Martha's beat, as she handles our residential security reporting and she's been covering the door-knocking revolution all summer, but she's on vacation and then traveling for the next two weeks and this is just too good to pass up for that long. I received yesterday this letter in the mail: It's from Marty Mayo at the Alarm Store, and the text reads: One alarm company owner's answer to the "door knockers" is enclosed. I mailed one to every client. But those aren't just...

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On The Editor's Desk

GVI sale not going smoothly?

November 24, 2009Martha Entwistle

Just got word that GenNx360 (how do you even say that?) is upping its price offering for acquiring the outstanding shares of GVI Security Solutions. Not by much, but there are a lot of shares out there, and fractions of pennies can represent real dollars: GVI Security Solutions, Inc. (OTC:GVSS) (BULLETIN BOARD: GVSS) ("GVI"), GenNx360 GVI Holding, Inc. and its wholly-owned subsidiary, GenNx360 GVI Acquisition Corp., today announced that, in connection with the existing tender offer to purchase all...

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Monitoring

G4S monitoring and data center goes Five Diamond

November 24, 2009Daniel Gelinas

BURLINGTON, Mass.--G4S, with over 500,000 employees worldwide, announced on Nov. 23 that its new video monitoring and data center, located here, is the latest central station to achieve CSAA Five Diamond status. Five Diamond Certification is only the latest certification for the center, the opening of which Security Systems News reported on in January. According to Jerry Cordasco, vice president of operations for the Boston-area, video-centric center, the accreditations, including UL's highest listing...

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Suppliers

What does the Orsus buy say about the PSIM market?

November 24, 2009L. Samuel Pfeifle

YARMOUTH, Maine--As the first major acquisition of a pure-play PSIM (physical security information management) software manufacturer, NICE Systems' announced intent to acquire Orsus has many in the industry commenting on what it says about the state of the PSIM marketplace. John Honovich, for example, writing on his www.ipvideomarket.info, said while "this acquisition signals that a major player believes that PSIM products can be financially profitable," the $22 million price-tag does little to...

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Residential

Telcos break into security with full-featured offering

November 24, 2009Daniel Gelinas

AUSTIN, Texas, ROCK HILL, S.C., and SIKESTON, Mo.--A new security and interactive services offering is due to hit the streets through a three-way partnership between Texas-based security and home automation solution provider uControl, South Carolina-based telco-cum-security company and central station Comporium, and Missouri-based telco NewWave Communications. The players involved say the offering will take what used to be considered "over-the-top add-ons" and make them a "regular part of the feature...

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