Archive: February 2013
Sprinkler system minimizes damage at Utah warehouse
February 28, 2013SSN Staff
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...
Honeywell to purchase new headquarters
February 28, 2013SSN Staff
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...
Vivint CEO named 2013 entrepreneur of the year
February 28, 2013SSN Staff
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...
Get your new product listed in SSN
February 27, 2013Martha Entwistle
Got new product? Exhibiting at ISC West?
If so, you may submit your product for Security Systems News' ISC West New Show Products section.
All companies exhibiting at the show can submit one product that is making its debut at ISC West 2013 in April, but companies that have more than one product division may submit one product for each division. That's like video and access--not different flavors of video, OK? Please attach a jpeg image of the product to the email.
The process is...
ObjectVideo, Aimetis enter licensing agreement
February 27, 2013SSN Staff
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...
SSN seeks nominees for '20 under 40' Class of 2013
February 27, 2013Rich Miller
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...
B Safe acquires five in 2012 and looks to add even more in 2013
February 27, 2013Tess Nacelewicz
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...
Education answer to alarming problem of user error
February 27, 2013Tess Nacelewicz
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...
Boyd & Associates acquires in the desert
February 27, 2013Tess Nacelewicz
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...
This Blog's on Fire (And Other Stuff)
ADT shares predicted to rise 20 percent
February 27, 2013Tess Nacelewicz
An article in Barron's has the financial media world abuzz because it predicts shares of The ADT Corp. “could climb by more than 20 percent over the next year.”
The article in the latest edition of the weekly financial newspaper owned by Dow Jones cites the push into home automation by the publicly traded ADT, which spun off from Tyco in September. ADT Pulse, introduced in 2010, is the driver of much of ADT's growth, the article said.
Barron's also indirectly suggests ADT could buy a...