Skip to Content

Tag: security acquisition


Commercial

Xentry acquires Acree Daily Integrated Systems

June 2, 2014Martha Entwistle

COLUMBUS, Ohio—Systems integrator Xentry Systems expects to hit $25 million to $27 million in revenue in 2014, thanks in part to the acquisition, announced May 21, of Acree Daily Integrated Systems, an integrator based here.“Our management vision is to build this big,” Matrix Systems CEO Holly Tsourides told Security Systems News. “Everything we do now—hiring talent, with our capital structure, [improving systems such as] bringing in a new ERP—[is so] we have room...

Acree Daily Integrated Systems, Dan Blend, Holly Tsourides, security acquisition, security systems integrator, Security Systems News, Xentry Systems


Read Full Articlered right arrow icon

On The Editor's Desk

HID reportedly paid $60m for Lumidigm

February 12, 2014Martha Entwistle

Updated 2/13/14 Identity solution provider HID this week made its second purchase in a month, buying fingerprint biometric provider Lumidigm.In January, HID announced that it had purchased IdenTrust, a provider of digital identities. The Albuquerque Journal is reporting that HID paid more than $60 million for the biometric company. Through a spokesperson HID said that because this is a "private transaction" the company would not comment on the purchase price. I was not able to speak to Jeff Kessler...

Assa Abloy, Bob Harbour, Denis Hbert, fingerprint biometric, HID Global, Imperial Capital, Jeff Kessler, Lumidigm, security acquisition


Read Full Articlered right arrow icon

Commercial

Stanley makes $1.2 billion cash bid for Niscayah

June 27, 2011Martha Entwistle

NEW BRITAIN, Conn.—Stanley Black & Decker, parent company of Stanley CSS, announced June 27 that it made a $1.2 billion all-cash bid for commercial security integrator and monitoring company Niscayah. The bid is supported by the Niscayah board of directors, which announced it unanimously recommends that shareholders accept the public offer. The $1.2 billion offering price is higher than the $907 million stock bid made by guarding giant Securitas, which is based in Sweden and is the former parent...

Imperial Capital, John Mack, Niscayah, Securitas, security acquisition, Stanley Black & Decker, Stanley CSS


Read Full Articlered right arrow icon