Tag: Exacq Technologies
Tyco expands Global Center of Excellence
April 16, 2014Martha Entwistle
BIRMINGHAM, Ala.—It's like the United Nations of security at Tyco's new Global Center of Excellence. Walk through the office and you'll hear engineers speaking Chinese, Russian and Arabic. Fourteen languages are spoken here. In addition to linguistic fluency, employees must also understand the business culture in their countries of expertise, Daryl Haga, director of Tyco's GCoE, told Security Systems News.“We hire top people who are highly educated, [many with multiple advanced degrees],”...
Tyco Exacq deal done
July 30, 2013Martha Entwistle
NEUHAUSEN, Switzerland—In what Tyco Security Products' director of product management Steve Carney called a “perfect fit,” Tyco announced July 29 that it has completed the acquisition of VMS provider Exacq Technologies for $150 million in cash.The Exacq solution will complement Tyco's existing Victor and VictorEdge solutions, Carney said.“It's all about who uses video and why,” he said. “The Victor products are designed for “active video surveillance,”...
Tyco to buy Exacq for $150m
June 19, 2013Martha Entwistle
NEUHAUSEN, Switzerland—Tyco today announced that it will acquire VMS provider Exacq Technologies in a $150 million cash deal.When the deal is finalized, Exacq, which is based in Indianapolis, will become part of Tyco Security Products. Tyco expects the business to “generate annualized revenues in fiscal 2014 of approximately $75 million,” Tyco said in a news release.The deal extends Tyco Security Products' video portfolio. The capabilities and ease of use of the Exacq products will...
A2 Systems launches in Mass.
March 22, 2013Martha Entwistle
BURLINGTON, Mass.—A2 Systems, a new systems integration firm located here and founded by industry veterans Pat Connors and Matt Leonard, has completed its first job for an energy company and is now delving into two more jobs—one in the pharmaceutical vertical and one in retail.Connors, who is in charge of operations, and Leonard, who does sales and marketing, previously worked for Massachusetts-based Team AVS. They left there last spring and began planning to launch A2 Systems.“We...
Who in security topped the Inc. 5000 this year?
August 22, 2012Martha Entwistle
The Inc. 5000 has released its 2012 list, and again, there are a number of physical security companies included.
Top among the physical security companies that I saw on the Inc. 5000 list, which was officially released yesterday was VMS Alarms, a residential and small business security company and Monitronics dealer.
VMS Alarms ranks #526 on the 2012 List. It had a three-year growth rate of 731 percent; 2008 revenues of $2.3 million, and 2011 revenues of $19.5 million.
Here's...