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Archive: July 2024


Pye-Barker Fire & Safety acquires ABC Burglar Alarm Systems

Commercial

Pye-Barker Fire & Safety acquires ABC Burglar Alarm Systems

July 18, 2024SSN Staff

ATLANTA — Pye-Barker Fire & Safety has acquired ABC Burglar Alarm Systems, which services security and alarm systems in Maryland and Virginia, strengthening its mid-Atlantic service offering. The company will work with Pye-Barker's existing branch locations in the Washington, D.C., and Baltimore areas to support ongoing service, maintenance, inspections and monitoring for commercial customers. ABC Burglar Alarm provides security and fire alarm systems, integrated fire sprinkler systems,...

ABC Burglar Alarm Systems, alarm systems, Bart Proctor, commercial, Donald Webber, Pye-Barker Fire & Safety


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Invixium Acquires Triax Technologies

Monitoring

Invixium acquires Triax Technologies

July 18, 2024SSN Staff

TORONTO — Invixium, a provider of biometric access control, workforce, and visitor management solutions, announced its acquisition of U.S.-based Triax Technologies (Triax). Calling it a “strategic acquisition,” Invixium said it expands its portfolio with Triax’s AI-based RTLS (Real-Time Location Systems) and connected worker solutions, designed to improve worker productivity and equipment utilization. This move broadens its scope beyond entry-point access control to address...

Access Control, Biometric, Invixium, Mergers & Acquisitions, Scott MacDonald, Shiraz Kapadia, Triax Technologies


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Pye-Barker Fire & Safety acquires Allstar Fire Protection

Commercial

Pye-Barker Fire & Safety acquires Allstar Fire Protection

July 17, 2024SSN Staff

ATLANTA — Pye-Barker Fire & Safety has acquired Allstar Fire Protection, a complete fire protection company, servicing a wide swath of the Southeast, including Tennessee, Kentucky, Florida, North Carolina, South Carolina, Georgia and Alabama. The addition of Allstar's local teams will complement Pye-Barker's established presence in the region and provide opportunities for the company’s continued growth. "Allstar Fire Protection has become a stalwart in our communities...

Allstar Fire Protection, Bart Proctor, Casey Milhorn, Mergers & Acquisitions, Pye-Barker Fire & Safety


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ASSA ABLOY touts acquisitions

Residential

ASSA ABLOY touts acquisitions

July 17, 2024Ken Showers, Managing Editor

STOCKHOLM — ASSA ABLOY posted strong numbers for the second quarter, thanks to savvy acquisitions, but interest rates and below expectation housing starts resulted in another weak showing for the company’s residential business.   Big picture  By the numbers, the company posted a net sales increase of 10% to SEK 37,968 M (34,474), with organic growth of -1% and acquired net growth of 11%.   “Good sales growth in EMEA and Americas from an organic...

Assa Abloy, commercial, Mergers & Acquisitions, Nico Delvaux, Residential, Second Quarter (Q2)


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SecurityPal’s CAx paves way for ‘forward-looking approach’

Cybersecurity

SecurityPal’s CAx paves way for ‘forward-looking approach’

July 17, 2024Ken Showers, Managing Editor

SAN FRANCISCO — SecurityPal’s new Customer Assurance Suite (CAx) is a solution that promises to streamline and accelerate the security review process, with modernization at its core.   Christopher Gerg, CISO at Perforce, says SecurityPal’s platform differs from his prior experience with governing, risk and compliance (GRC) procedures.  “Before we started working with SecurityPal, the security review process created a bottleneck for our InfoSec team,”...

Christopher Gerg, Customer Assurance Suite (CAx), Governing, Risk, Compliance (GRC), InfoSec, Pukar Hamal, security review, SecurityPal


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Guillaume Bazinet

Cybersecurity

Cybersecurity solutions a focus with Bell’s recent acquisitions

July 17, 2024Cory Harris, Editor

MONTREAL—Bell’s latest acquisitions are expected to "modernize” the Canadian communications company’s ability to support medium and large enterprises in digital transformation and automation through cloud services.  On July 9, Bell acquired technical service companies Stratejm and CloudKettle, adding professional and managed services expertise in cybersecurity and Salesforce to its existing capabilities.   “CloudKettle is well recognized...

Bell, CloudKettle, David Senf, FX Innovation (FXI), Guillaume Bazinet, Salesforce, Stratejm


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On The Editor's Desk

'Security failure'

July 17, 2024Cory Harris, Editor

My blog title came from the mouths of several high-ranking law enforcement and government officials over the last couple of days, and all we could do is ask, “How did this happen?" How did a 20-year-old would-be assassin somehow get on the roof of a building during a Donald Trump rally in Butler, Pa., and fire a series of rounds that grazed the presidential nominee’s ear, and sadly and tragically kill an innocent spectator protecting his family? That’s a question that...

Alejandro Mayorkas, Butler, Pa., Corey Comperatore, Donald Trump, Election Day, Federal Bureau of Investigation (FBI), Gary Peters, Kimberly Cheatle, President Joe Biden, Rand Paul, Republican National Convention, Robert F. Kennedy, Robert F. Kennedy Jr., Ruben Gallego, Sirhan Sirhan, Thomas Matthew Crooks, United States Secret Service


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Pye-Barker Fire & Safety acquires Garden City Fire & Safety

Commercial

Pye-Barker Fire & Safety acquires Garden City Fire & Safety

July 16, 2024SSN Staff

ATLANTA — Pye-Barker Fire & Safety has acquired Garden City Fire & Safety, expanding its reach to communities and businesses in southwest Kansas. Through the partnership, Pye-Barker said it has grown its Kansas customer base for long-term fire protection service, inspections, testing and maintenance. "As entrepreneurs, business owners and members of the Garden City community, our goal with Garden City Fire & Safety has always been to do what's right by our customers and for the...

Garden City Fire & Safety, Hank Morgan, Mergers & Acquisitions, Pye-Barker Fire & Safety


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Okta innovations to help companies harden security posture

Cybersecurity

Okta innovations to help companies harden security posture

July 16, 2024SSN Staff

YARMOUTH, Maine — Okta has announced new innovations that it says help organizations reduce their Identity attack surface, stay ahead of evolving threats, and support financial services companies in securing and streamlining sensitive digital experiences. Why does it matter? According to Okta Identity has become the #1 attack vector in today's threat landscape. Over 80% of data breaches involve some kind of compromised identity - including legacy password compromises, privileged account...

Arnab Bose, attack surface, cybercriminals, Multifactor Authentication (MFA), Okta, Shiven Ramji, software as a service (SaaS)


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AITX announces Q1 FY2025 financial results

Commercial

AITX announces Q1 FY2025 financial results

July 16, 2024SSN Staff

DETROIT — Artificial Intelligence Technology Solutions (AITX), along with its wholly owned subsidiary, Robotic Assistance Devices (RAD), have announced its financial results for the first quarter of fiscal year 2025, which ended on May 31, 2024. The Company reported a 312% increase in revenue over the prior year’s quarter, reaching $1,182,800, and nearly tripled its market value to approximately $74.7 million. AITX noted that the full SEC filing can be found online at https://tinyurl.com/aitxq1fy25...

2025, Artificial Intelligence Technology Solutions (AITX), Financial Results, Robotic Assistance Devices (RAD), Steve Reinharz


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