Tag: Sielox

COPPELL, Texas—In the month since it closed a $10 million cash deal to buy CohuHD, Costar Technologies and CohuHD have closed three deals together.“These are opportunities that we would not have had [as separate companies]. The products [of the two companies] are complementary but not competing,” Tom Kampfer, president of CohuHD Costar, told Security Systems News. “We don't need to reconcile sales teams or product lines, [tasks that can] create a distraction and be disruptive...

It's the first morning of ISC West, but the show-related events and commitments started yesterday. They started as soon as I got here and way before my hotel had my room ready. Yesterday I attended several meetings and one special event—the Women's Security Council reception. I was flattered to be named one of WSC's 'women of the year' last night, and honored to be in the company of the following industry leaders: Mary Jo Cornell, president and CEO of Linstar Inc.; Pamela Petrow, president...

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,...

ORLANDO, Fla.—Access control and video monitoring supplier Sielox at the ASIS International conference here on Sept. 20 announced the formation of a new managed services company called Sielox24Seven. The new company is the product of a 20-year relationship Sielox has had with Excel Security Corp. All the services Excel used to provide for Sielox as its technology partner will now be handled by Sielox24Seven. "Our former business partner has been using the Sielox product for the last 20 years...

RUNNEMEDE, N.J.—Sielox LLC, a manufacturer of access control products, and a former division of Checkpoint Systems, became a private company following a New Year's Eve $2.55 million management buyout, the company announced Jan. 4. “We saw an opportunity to take the company private,” said Karen Evans, president and CEO of Sielox LLC, and a member of the investor group. In addition to the savings associated with being a non-public company, Sielox will continue to “add development...