Archive: May 2013
Select Security names new executive VP
May 31, 2013SSN Staff
LANCASTER, Pa.—Select Security has appointed Steve Firestone to its newly created position of executive vice president, according to a press release.
"This is an exciting time at Select Security, and the time was ripe for Steve to join us," said Patrick Egan, company president, in a prepared statement. "Our company is at the point where we are poised to leap from a good company to a great, recognizable brand name. His experience with transforming companies like ours into world-class operations...
Avigilon gets into access control, buys RedCloud for $17 million
May 30, 2013Martha Entwistle
VANCOUVER—In a $17 million cash purchase, high-definition surveillance provider Avigilon Corp. on May 30 announced it acquired privately held RedCloud Security, a provider of Web-based physical and virtual access control systems.Alexander Fernandes, Avigilon CEO, told Security Systems News that the purchase is a “nice tuck-in” that is “low risk [but] very strategic.”Avigilon purchased the entire RedCloud business and expects it to be “neutral to 2013 earnings and...
Kwikset teams up with ADI
May 30, 2013SSN Staff
LAKE FOREST, Calif.—Kwikset, a manufacturer of access control solutions, is offering its suite of SmartCode locks with Home Connect technology for both Z-Wave and ZigBee wireless protocols at ADI branches in North America, according to a company statement.
The new distribution agreement satisfies growing demand for wireless security and home automation solutions.
“We fully expect to see home automation continue to push into the mainstream in 2013 as there are signs this technology...
Bosch inks distribution deal with Ingram Micro
May 30, 2013SSN Staff
FAIRPORT, N.Y.— Bosch Security Systems has signed a new distribution agreement with Ingram Micro, making its products available to the distributor's U.S. channel partners, according to a press release.
Customers of Ingram Micro's physical security unit will now have access to Bosch's portfolio of products, including video surveillance systems, intrusion detection and access control.
“The rapid adoption of IP-based systems is driving new opportunities for IT resellers and systems integrators...
ADS active in acquisition space
May 29, 2013Tess Nacelewicz
NASHVILLE, Tenn.—ADS Security's purchase this month of Chattanooga, Tenn.-based CrimeWatch Security is just the start of ADS' acquisition plans for the year, according to Patrick Ritter, ADS VP/controller.“We have plans to purchase at least one large enough company that it will be a new platform, a new market for ADS, and you will see several other fold-in acquisitions throughout 2013 as well,” Ritter told Security Systems News.Super-regional ADS, which is based here, has a growth...
New Firetide CEO sees mesh networks on the move
May 29, 2013Martha Entwistle
LOS GATOS, Calif.— Cisco veteran John McCool, who joined mesh network provider Firetide as its new CEO on May 20, says there's an increasing demand to take surveillance mobile.“If you think about it, video surveillance [has traditionally] ended on the curb,” McCool told Security Systems News. Cameras have been mounted in static locations on city streets and train platforms, but now there's a demand for that surveillance capability on moving vehicles such as municipal buses and trains....
Your RMR on steroids
May 29, 2013Rich Miller
YARMOUTH, Maine—Home automation and interactive services get most of the headlines when it comes to generating additional RMR, but alarm companies may be leaving money in the field if they're overlooking more basic opportunities, experts told participants at a recent ESX webinar.“Your RMR on Steroids: Expert Tips to Power Growth and Value” delved into newer technologies that hold the promise of a healthy return on investment. It also examined what companies can do to enhance the...
Kratos has new SVP
May 29, 2013Martha Entwistle
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At the PSATEC conference earlier this month, SIA CEO Don Erickson was talking about government opportunities for independent integrators large and small. The contracts and jobs are out there, Erickson said.
One of PSA Security's largest integrators, Kratos Public Safety and Security Solutions' Public Safety & Security division has created a new SVP position to go after the “growing DoD/DHS market.”
James Cotter,...
This Blog's on Fire (And Other Stuff)
Will security investors McGinn and Smith do time?
May 29, 2013Tess Nacelewicz
Security industry investors Timothy McGinn and David L. Smith are set to be sentenced next month and could face years in prison after being convicted of fraud earlier this year. But whether they'll be sent to prison or just get probation and how much the Albany, N.Y.-based brokers owe as a result of their fraudulent activities are questions that remain up in the air, according to a recent article from the Time Union, an Albany, N.Y.-based newspaper.
The two men are seeking leniency and having friends...
Ty Davis steps away from PERS to start new venture
May 29, 2013Rich Miller
After a three-year stint in PERS, Ty Davis has launched a venture to make the security world a more beautiful place: producing keypad overlays that can be customized to match any home or office.
Davis, an SSN "20 under 40" alumnus, got his start at Southwest Dispatch and then moved on to become VP of monitoring at Life Alert. He still sees a great future for PERS, but he also sees a growing consumer demand for something beyond the standard white keypad—something that dealers can benefit from...