Tag: security systems

SAN FRANCISCO – Consulting company Grand View Research Inc. has released a new report that pegs the perimeter security market to more than double by 2030. Valuations from 2022 place the global perimeter security market at $64.6 billion. Grand View Research’s estimates would have it register a CAGR of 9.4 percent between 2023 and 2030. The research company attributes the growth in the sector to rising insecurities and illegal activities like planned crimes, smuggling, theft,...

SANTA MONICA, Calif. – Only five years after its acquisition by Amazon for $1 billion, Ring CEO Jamie Siminoff is stepping down. In a blog post on Ring’s website the CEO discussed his departure which will take place on March 22. Siminoff founded the company in 2013 as Doorbot. The company was crowdfunded and raised an initial $364,000, more than the requested amount of $250,000. In describing his decision to step down from the role Siminoff said that, “Invention is my true passion....

GOTHENBURG, Sweden – Irisity AB announced the end to its search for the right CEO candidate with the appointment of Keven Marier to the position.  "Keven brings 20 years of extensive international security industry experience, insights and relationships in both software go-to-market, technology and partner development," said Lennart Svantesson, Irisity chairman of the board. "Keven has the unique combination of industry insights, strong execution skills and leadership which...

LAS VEGAS – Security solutions provider SECURAM announced a new line of security-focused smart wall switches at the 2023 Consumer Electronics Show (CES). SECURAM’s wall switches are programmable and integrate with existing security systems using their laser-based motion detection to secure the rooms in your home. In addition to the laser motion detection the switches also have an ambient light sensor, a night light, and backlit buttons. At $19.95 the switches come in three different...

AUSTIN, Texas and SPRINGFIELD, Mo.—Eagle Eye Networks, creators of cloud-managed solutions, and DMP, a family-owned manufacturer of electronic burglary, fire and access products, announced the integration of DMP's Virtual Keypad app with Eagle Eye Network's Cloud VMS. The integration serves as a unified platform providing access to Eagle Eye camera feeds from the same Virtual Keypad environment that DMP users are already using to control their security, access and home automation systems.To...

CUPERTINO, Calif.– Qolsys, a provider of home security and automation systems, announced in February that its IQ Panel, powered by Alarm.com, is now widely available through distributors in the United States. The solution is built on Google's Android. It has a 7-inch touchscreen that is integrated with Alarm.com's connected home services platform, supporting interactive security, video monitoring, energy management and home automation. After Qolsys launched in April 2013 at ISC West, it began delivering...

MIAMISBURG, Ohio—Matrix Systems, an access control and security solutions provider, is implementing an array of strategies designed to increase efficiency in manufacturing and R&D, and to further improve customer service, according to a company statement. The strategy will involve several areas of emphasis including the development of a “Lean transformation plan,” the implementation of advanced companywide training among employees both local and remote, and a value mapping exercise...

IRVING, Texas—In response to a recent FBI report that found a rise in property crime in nearly every region of the country, the Electronic Security Association, based here, is offering tips that encourage homeowners to better understand how burglars operate—and to get a security system. In a statement, the organization said most burglaries, for instance, were not premeditated events but opportunistic ones. Burglars will often first knock on the door to check if someone is home. Citing...

CHEVY CHASE, Md.—CapitalSource's $100 million acquisition of SBA lender MainStreet Lender is a further indication the company has significant interest in making smaller loans to the security industry. CHEVY CHASE, Md.—CapitalSource's $100 million acquisition of SBA lender MainStreet Lender is a further indication the company has significant interest in making smaller loans to the security industry. In recent years, before CapitalSource was forced to become a bank to ride out the financial...