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Tag: Vanderbilt Industries


Suppliers

ACRE to acquire Texas-based Open Options

December 19, 2018Paul Ragusa, Editor

LAS VEGAS—ACRE, a global security services and products company, announced today it has entered into a definitive agreement to acquire Open Options based in Addison, Texas. This purchase will enhance ACRE's strategic expansion plans for strengthening its access control business and product portfolio, particularly in North America.Financial details of the transaction were not released. The transaction is expected to close in the fourth quarter of 2018.ACRE's CEO, Joseph Grillo, stated that this...

ACRE, Comnet, Joe Grillo, Kim Loy, Open Options, Steve Fisher, Vanderbilt Industries


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Suppliers

ACRE LLC acquires ComNet

December 14, 2016Paul Ragusa, Editor

NEW LONDON and DANBURY, Conn.—ACRE LLC, the holding company that owns Vanderbilt Industries, Mercury Security and recently acquired ACT in Ireland, announced this week the acquisition of Communication Networks LLC (ComNet), a manufacturer of video and data transmission equipment based in Danbury, Conn.“We saw the opportunity to acquire a unique property that has very specialized products that was growing and profitable,” ACRE CEO Joe Grillo told Security Systems News. “A large...

ACRE LLC, ACT, Communication Networks LLC, Comnet, Joe Grillo, Mercury Security, Vanderbilt Industries


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General News

Access control can produce access to intelligence

March 4, 2016Kenneth Z. Chutchian

YARMOUTH, Maine—It doesn't take a sophisticated access control system to keep people out of the building or allow them inside. Nor does it take a high-end system to provide useful data that can help a company's bottom line.Nevertheless, by underutilizing access control systems they already have in place, many mid- to large-sized businesses are missing opportunities to utilize data that can save money and create recurring revenue, according to security experts interviewed by Security Systems...

Eric Green, Honeywell, Lenel Systems International, Mitchell Kane, Ross McKay, Scott Sieracki, Vanderbilt Industries, Viscount Systems


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On The Editor's Desk

Siemens Security Products now part of Vanderbilt

June 3, 2015Martha Entwistle

Vanderbilt Industries on Monday announced it has completed the acquisition of the Security Products business from Siemens. The deal, announced in October, expands Vanderbilt's footprint, R&D capabilities and product portfolio. The Siemens' division has been rebranded as Vanderbilt and is headquartered in Wiesbaden, Germany. Joseph Grillo, Vanderbilt managing director, spoke to Security Systems News in November about the deal. Here's a llink to that story where he said Vanderbilt will look for more...

acquisition, Joe Grillo, Seimens Security Products, Vanderbilt Industries


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Suppliers

Deal closed: Vanderbilt buys Siemens Security Products

June 1, 2015Martha Entwistle

PARSIPPANY, N.J.—Vanderbilt Industries today announced it has completed the acquisition of the Security Products business from Siemens.The deal, announced in October, expands Vanderbilt's footprint, R&D capabilities and product portfolio. The business has been rebranded as Vanderbilt and is headquartered in Wiesbaden, Germany.Joseph Grillo, Vanderbilt managing director, spoke to Security Systems News in November about the deal. He said Vanderbilt will look for more acquisitions. The company...

Joe Grillo, Siemens Security Products, Vanderbilt Industries


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General News

Proprietary vs. open systems: Open is preferred, but it's harder to sell

March 25, 2015Martha Entwistle

DELRAY BEACH, Fla.—The debate over open systems versus proprietary systems is usually not a debate in the physical security industry. Open systems are generally thought of as better. Integrators want them, end users demand them and manufacturers are making them, right?At least that's the claim made by many manufacturers' marketing departments.And that's the reason standards bodies are working hard to make security systems components more easily compatible.In the field, the reality is different....

Ben Butchko, Butchko Inc, Chris Peckham, Contava, David Sime, Joe Grillo, Kratos/HBE, open systems, proprietary systems, TechSec 2015


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Suppliers

Vanderbilt Industries to acquire Siemen's Security Products

October 20, 2014Amy Canfield

FRANKFURT, Germany—Security systems provider Vanderbilt Industries has entered into an agreement to acquire Siemen's Security Products business, part of Siemen's Building Technologies Division.Joseph J. Grillo will be managing director of the new business, renamed Vanderbilt International, based in the new operational headquarters here, he told Security Systems News.Some 350 Siemen's Security Products employees based in Germany, Ireland, Sweden and France are expected to make an easy transition...

access control, ACRE, Alarmcom, Bewator, Cotag, Europlex, intrustion alarm, Joseph J. Grillo, Security Systems News, Siemen's Building Technologies Division


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