Tag: Kim Loy

LAS VEGAS—ACRE, a global provider of security products and solutions for the access control, intrusion, smart traffic and video surveillance markets, announced that the ACRE brands — RS2, Vanderbilt and Open Options — will launch ACT ID, a new cloud-based mobile credential application. “Mobility is an integral part of the goal of forward-thinking enterprise organizations, as more organizations look for way to leverage more touchless access control and seamless visitor management...

LAS VEGAS—ACRE, a global security services and products company, announced today it has entered into a definitive agreement to acquire Open Options based in Addison, Texas. This purchase will enhance ACRE's strategic expansion plans for strengthening its access control business and product portfolio, particularly in North America.Financial details of the transaction were not released. The transaction is expected to close in the fourth quarter of 2018.ACRE's CEO, Joseph Grillo, stated that this...

BRUSSELS, Belgium—Xtralis, a global provider of early fire-, gas- and security- threat detection solutions, in July announced the acquisition of Kiel, Germany-based CCTV manufacturer HeiTel Digital Video GmbH. It's an acquisition that Xtralis says positions the company well for the surveillance market. "Xtralis has been a dominant player in the remote and central monitoring market with its ADPRO by Xtralis branded product line with a very strong position, particularly in the UK," Xtralis deputy...