Tag: Vanderbilt Industries
Vanderbilt Industries announces major update for ACTpro
July 14, 2021SSN Staff
DUBLIN, Ireland—Vanderbilt Industries, a global leader providing state-of-the-art security systems today, announced the launch of the newest version of its cloud-based access control system, ACTpro 3.1. This update introduces key features representing Vanderbilt’s commitment to providing customers with a robust, scalable, and comprehensive access control platform.
ACTpro is a network-based access control system that benefits from multiple integration scenarios with video management...
ACRE to acquire Texas-based Open Options
December 19, 2018Paul Ragusa
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 LLC acquires ComNet
December 14, 2016Paul Ragusa
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...
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...
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...
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...
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,...
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...