Archive: February 2013

PROVO, Utah—Todd Pedersen, co-founder and CEO of Vivint, has been named the 2013 entrepreneur of the year by MountainWest Capital Network, according to an article from The Digital Universe, a campus newspaper at Brigham Young University. “My success as an entrepreneur stems from the fact that I love what I'm doing and where we are trying to take this company,” Pedersen said in the article. “We are really having a lot of fun.” Vivint, which employs over 3,200 employees...

MORRIS TOWNSHIP, N.J.—Honeywell has signed a purchase agreement for a new global headquarters in Morris Plains, N.J., according to a company statement. The company's decision is subject to approval of its application with the New Jersey Economic Development Authority for state incentives under the Grow N.J. Assistance program, the statement said. The company expects to complete the move in 2015. The purchase agreement includes 40 acres of land, a 475,000 square foot building complex, and a...

WEST JORDAN, Utah—A warehouse based here was spared significant fire damage thanks to a sprinkler system, which activated to help contain the blaze before firefighters arrived, according to an article from the Salt Lake Tribune. West Jordan Fire Chief Marc McElreath said Tuesday that while a firm damage assessment was yet to be determined, the Monday fire at the Intermountain Sweeper Co. building kept the flames contained to the west area of the building, the report said, and that the problem...

AUSTIN, Texas—Pivot3, a $31 million provider of storage appliances for video surveillance and virtual desktop infrastructure (VDI), plans to increase the percentage of its revenues that it derives from services to north of 25 percent, CEO Rich Bravman told Security Systems News.The 10-year-old privately held company typically declines to discuss revenue figures, but in a recent Forbes article—where Pivot3 was named one of the magazine's “most promising companies”—the...

HAGERSTOWN, Md.—Dynamark Security Centers has announced a partnership with CheckVideo, giving dealers the opportunity for more RMR by upgrading customers' analog surveillance cameras with cloud-based video verification technology.Dynamark, which monitors accounts at its CSAA Five Diamond central station here, is offering “one more layer of protection” for customers through CheckVideo's Gateways platform, said Guy Kline, senior vice president of sales and marketing for Dynamark.“A...

YARMOUTH, Maine—It's time once again for youth to be served. Security Systems News is seeking nominees for its “20 under 40” Class of 2013, talented young professionals who are stepping up as the next generation of security industry leaders. If you know of a colleague who fits the bill, you can recognize them by submitting their nomination at securitysystemsnews.com. The requirements to be included on the seventh annual list are simple: Nominees must be employed by an...

WILMINGTON, Del.—B Safe Security, a regional security and fire alarm company based here, made five acquisitions in 2012 that represented about $85,000 in RMR and more than doubled the company's customer base. B Safe also has similar growth plans for this year.“We anticipate growing at least this much or more for 2013,” Philip Gardner, company president and founder, told Security Systems News.He said B Safe would probably make “at least six acquisitions” this year. And...

MESA, Ariz.—“Alarm schools” run by law enforcement agencies—where repeat false-alarm offenders go to learn about their systems to avoid more false dispatches—have been found to work very well.And now the Arizona Alarm Association (AzAA) is considering a new approach that could make them even more effective: encouraging alarm owners to take such classes before they ever offend—to help make sure they don't.“Several of the residents going to the schools have...

NORTH HOLLYWOOD, Calif.—Boyd & Associates, a security guard and alarm company based here, recently announced the acquisition of Get Alarmed, an Indio, Calif.-based burglar and fire alarm company.The purchase, which netted Boyd & Associates about 1,600 accounts, achieves synergies and “really makes Boyd & Associates one of the leaders in the Coachella Valley,” said company President Dan Boyd.The valley, east of the cities of Riverside and San Bernardino, is populated by more than...

RESTON, Va.—ObjectVideo, a provider of intelligent video software, has signed a global, portfolio-wide patent license agreement with Aimetis, a video management systems provider based in Waterloo, Ontario according to a company statement. “Aimetis is a leader in tightly integrating video analytics into an easy-to-use video management solutions,” Raul Fernandez, chairman of ObjectVideo, said in the statement. “We are pleased to have them join the growing number of IP camera...