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Tag: Peter Strom


Delta to acquire global video surveillance provider March Networks

Suppliers

Delta to acquire global video surveillance provider March Networks

October 5, 2021SSN Staff

TAIPEI and OTTAWA, Ontario—Delta, a global leader in power and thermal management solutions, has announced its board of directors has approved the purchase of 100 percent of shares in Infinova (Canada) Ltd., owner of Canadian-based video surveillance and business intelligence leader March Networks. According to terms of the deal, Delta is purchasing March Networks from Infinova International Ltd. for $114 million through its subsidiary Delta International Holding Limited...

Delta, March Networks, Peter Strom, Ping Cheng


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Also Noted

March Networks’ new compliance solution

June 12, 2020SSN Staff

OTTAWA, Ontario—March Networks’ Health Compliance Solution helps enterprise businesses manage new health and safety compliance regulations in the COVID-19 era. It features a suite of new features that empower banks, retailers, restaurants, schools and other businesses monitor and measure occupancy in real time, rapidly detect individuals who may pose a potentials risk and ensure compliance with new cleaning and sanitization procedures.  “COVID-19 has created unprecedented challenges and...

Coronavirus, COVID, COVID-19, March Networks, Peter Strom, thermal cameras


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Suppliers

Infinova to acquire March Networks for $88.2 million

December 9, 2011Martha Entwistle

MONMOUTH JUNCTION, N.J., and OTTAWA—In a deal designed to speed March Networks' entry into the Asian market and create one of the ten largest global players in the video surveillance industry, Infinova announced Dec. 9 that it will acquire March Networks in a cash deal worth $88.2 million (C$90 million).Infinova will pay $4.90 per share (C$5.00). March Networks will continue to operate independently from its headquarters in Ottawa, and will retain its name and other brands. “We expect...

Infinova, March Networks, Peter Strom


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On The Editor's Desk

Infinova to acquire March Networks for $88.2m cash

December 9, 2011Martha Entwistle

In a deal that will speed March Networks' plan to expand into the Asian market, and create what Infinova says is one “10 largest global players in the video surveillance industry,” of IP video provider Infinova announced this morning that it will acquire IP video provider March Networks in a cash deal. Infinova will pay $4.9 ($5.00 Canadian) per share. The total value of the sale will be about $88.2 million (or about $90m Canadian). Infinova, which has its U.S. headquarters in Monmouth...

acquisition, Infinova, Jeffrey Lui, March Networks, Peter Strom, Stephan Cannellos


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General News

ASIS 2011: News and notes from the show floor

September 22, 2011SSN Staff

ORLANDO, Fla.—There was plenty of news being made at ASIS 2011, which took place at the Orange County Convention Center Sept. 19-21. Below are some editor round-ups from ventured out onto the show floor to collect news and other goings-on. Here's Martha's round-up: The ASIS news started rolling in well before the show floor opened with the news released around 7 a.m. yesterday that Tyco International plans to split into three independent, publicly traded companies. Over at the BRS Labs booth,...

AgentVI, Ajay Jain, Andre Greco, ASIS 2011, ASIS' Women in Security Group, Assa Abloy, Axis Communications, Bob Hoskins, BRS Labs, Clear24


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