Tag: Security

BOCA RATON, Fla.—ADT and Google announced a long-term partnership with the goal of creating an end-to-end smart home solution that combines Google’s technology platform with ADT’s installation, service and professional monitoring network.Google will make a $450 million investment in ADT, which equates to 6.6 percent of ADT’s outstanding aggregate common equity, in exchange for shares of a newly created Class B common stock having all of the rights and preferences of ADT's common stock...

Jana_Sherer.jpg CHARLOTTE, N.C.—SnapAV announced the appointment of Jana Sherer as the business development manager for the security market, a role that includes helping the company develop and implement initiatives to better serve security integrators. As the former national account director for Interlogix and distribution channel manager for Milestone Systems, Sherer brings a wealth of experience in growth strategy and execution of national market programs for the security...

WASHINGTON—Back in early 2017, an unlikely leader emerged in the global artificial intelligence enterprise: Canada. The country announced the establishment of a national artificial intelligence strategy and pledged close to $1 million to developing talent and research communities geared toward AI. Following Canada's declaration, 18 countries followed suit—including China, Russia, and Mexico—each issuing their own unique national approach to AI. The United States is the most recent...

Day number 26 — it's the longest shutdown in U.S. history, and with approximately 800,000 federal employees out of work or working without pay, and three or more hours of wait time to clear security in some of America's busiest airports—Atlanta, Houston, Miami and Washington—security-related vulnerabilities linger. Just by saying the U.S. is “shutdown” seems to give hackers, terrorists, criminals and such the impression that the whole country is weak and now...

SAN JOSE, Calif. and LAS VEGAS—Arlo Technologies Inc., the maker of network connected cameras, announced at CES 2019 the Arlo Security System. Designed to complement Arlo camera monitoring capabilities, Arlo's latest solution provides users with the ability to create a “seamless home or small business DIY security system,” the company said in the announcement.The system includes the Arlo Multi-Sensor as well as the Arlo Siren and Arlo Remote, all powered by the Arlo SmartHub and...

FORT WORTH, Texas—FBI Section Chief Philip Celestini will be the featured speaker for the ESX Public Safety Luncheon on June 9, ESX organizers announced today.A veteran special agent of the FBI, Celestini is the Senior Executive FBI Representative to the National Security Agency and U.S. Cyber Command. In 2013, he was recognized with the FBI's “Top 12 Knowledge Award” for his pioneering application of technology platforms to improve on-demand information-sharing in complex, multi-jurisdiction...

MEMPHIS, Tenn.—Raymond James has hired Stephan Segouin as a managing director in the firm's Security, Defense & Government Services Investment Banking practice. Segouin will work with group co-head Alper Cetingok to provide a full range of M&A advisory and capital-raising services to companies in the global security sector. Segouin has more than 23 years of finance and deal experience on both the corporate and investment bank sides. He joins Raymond James from ADT, the largest provider of alarm...

Will UTC buy Nortek? The Wall Street Journal, citing unnamed sources, says it's in talks to do so for around $1.2 billion. I talked to some folks in the past few days who say the purchase, which may not make sense on the surface may indeed make sense. Other financial reports, such as the Motley Fool, concur. Nortek is the parent company of well known access control, security and automation brands Linear, 2GIG and Go!Control. Those brands fall under the Nortek Security and Control division. It's ...

CLIFTON, N.J.—Police this week were warning residents to beware of scammers posing as security company employees to gain access to their homes, according to the Clifton Journal. In a July 17 report, the journal reported that detective Sgt. Robert Bracken of the Clifton Police Department said that a man pretending to be with the "Honeywell Security Alarm" company knocked on the door of a local home, and told residents he needed to get into their house to look at the alarm keypad. The residents,...

YARMOUTH, Maine—Google's recent acquisition of home automation company Nest Labs led many to believe the tech giant was setting up a beachhead on the industry's shores. Readers who responded to a recent SSN News Poll tend to agree, with many saying Google's buy is no half-hearted entrance into security—it's a sign of ever-larger involvement in the residential space.Seventy percent of respondents believe Google will become a major home automation provider, while another 64 percent say...