Author: dtaitano
Customizable White-Box VMS Offers Flexible Feature Set
Email | Comment Share March 4, 2014 – Compatible with diverse IP camera designs with Open Network Video Interface Forum (ONVIF) standard support, Vigil360 white-box surveillance Video Management Software (VMS) enables customized, application-specific VMS IPs. Solution supports ONVIF interfaces for Profile S and can stream content from 100 cameras for single server installation. Video analytics, configuration management, and PTZ control features are included as standard along with support for video analytics algorithms. Original Press Release Einfochips Inc. 4655 Old Ironsides Dr., Suite 385 Santa Clara,, CA, 95054 USA – Enterprise Solution for System Integrators Across Retail, Banking, Building and Airport Security SUNNYVALE, California and AHMEDABAD, India — eInfochips [ http://einfochips.com , a leader in product design services, today unveiled Vigil360 [ http://einfochips.com/index.php/solutions/video-ips/vigil360 – Industry’s first customizable white-box surveillance Video Management Software (VMS). The solution will enable customized, application-specific VMS IPs that are owned by our customers. In addition to complete flexibility on product features, Vigil360 provides a customized and economical alternative to expensive licensing for VMS applications. It also provides a platform for an industry or application specific VMS intellectual property as a client-branded solution. "Custom systems are the next frontier for surveillance deployments. While airport surveillance systems are security centric, leading retailers today use surveillance systems to track foot-falls, store navigation and check-out queues to aid operational decisions. These benefits of data-driven store layouts are of course, in addition to pilferage tracking." said Frank Berry, Senior Analyst at IT Brand Pulse. Vigil360(TM) is compatible with thousands […]
Source news.thomasnet.com
Understanding Night Vision Surveillance Cameras
By : Alison Reid Submitted 2014-03-05 01:10:02 There is really no need to justify the requirement of a security camera. The ones that have the best security systems installed in their homes and offices have security cameras installed as part of these systems. It is one thing being aware of a security system in place and a completely different feeling of security when you can see the action through a security camera. And one shouldn’t just be satisfied with security cameras being installed inside their homes and offices. Today a night vision surveillance camera or an outdoor dome camera is as important. A night vision surveillance camera can be of many types but its primary function is to capture videos outside your home or office even at night. During the daytime such a camera functions like a standard high definition camera but it comes onto its own at night and offers this additional functionality. Night vision as a concept is not new and the first nighttime pictures were captured by Richard Maddox way back in 1871. Today a night vision surveillance camera uses an image intensifier to capture images in low light and in some cases, no light. Even when the light is minimum the lens can focus the photons (light in this case) on the photocathode of the image intensifier. This releases the electrons from the cathode. The electrons are accelerated by an electric field and their speed is increased. There is a microchannel plate with […]
Source www.articlesolve.com
Salem MA Supports Advanced Surveillance At State’s Park & Ride Facilities
SALEM — The town will be supporting a proposed house bill that would allow for more advanced video surveillance at the state’s Park & Ride facilities. The Park & Ride facilities are owned by the state and managed by Concord Coach Lines, which operates the Boston Express service out of Salem. There are already video surveillance cameras at the eight facilities in the state, but the bill introduced by state representative Candace Bouchard would allow for increased resolution for the video cameras. Mark Sanborn, director of government relations for Concord Bus Lines, said the improved surveillance would help make the facilities safer and more secure. Similar high resolution cameras in operation in Maine have also helped assist police departments with drug and kidnapping cases, according to Sanborn. “These are safe and secure facilities right now, but this is another step we can take to continue to make that a top priority,” said Sanborn. Earlier this week, Salem selectmen joined the other communities with Park & Ride facilities, including Nashua, Londonderry, Portsmouth and Dover in sending a letter in support of the house bill by a 3-2 vote. Selectmen Stephen Campbell and James Keller voted against sending a letter in support of the house bill. Campbell said the bill raised issues concerning privacy, and noted that under the state’s Right to Know law, anyone from the public could put in a request for copies of the surveillance. Campbell said he has enough concerns with the government having access to the […]
Source www.unionleader.com
Head In The Clouds Or Feet On The Ground? Cloudview Launches Video IP Cloud Device
By Tom Reeve on March 5, 2014 The developers behind Jabbakam, the cloud-based online video surveillance and security system, have redeveloped and re-launched the product as a corporate-grade surveillance solution under the name Cloudview. I sat down with Cloudview founder James Wickes recently to find out why he thinks his solution will revolutionise the corporate security market. Jabbakam was developed in 2010 as a video management system to allow people to record CCTV surveillance video to an internet server and view the footage online. It also allows users to network IP cameras together and share the footage either privately or with a wider audience. The Jabbakam VMS works with its own brand cameras or a selected range of IP cameras from companies such as Y-Cam and Axis. Despite being designed primarily for the domestic market, Jabbakam attracted a great deal of interest from the corporate market, Wickes said. “On the basis of that, we developed Cloudview and changed the company name.” With Cloudview, the product is first and foremost an analogue camera solution. Using a Cloudview video network adapter (VNA), users can stream analogue cameras to the cloud storage system using automatic event triggers or manual activation. The VNA includes a built-in video encoder, SD card slot for local storage and network adapter as well as a USB slot for plugging in a wireless network adapter or 3G wifi device. Simples Wickes said that Jabbakam had taught him the importance of keeping things simple. “The key challenges highlighted through […]
Source www.securitynewsdesk.com
Port Tampa Bay Selects PlateSmart?s ARES Enterprise LPR Solution
By Tom Reeve on March 5, 2014 The developers behind Jabbakam, the cloud-based online video surveillance and security system, have redeveloped and re-launched the product as a corporate-grade surveillance solution under the name Cloudview. I sat down with Cloudview founder James Wickes recently to find out why he thinks his solution will revolutionise the corporate security market. Jabbakam was developed in 2010 as a video management system to allow people to record CCTV surveillance video to an internet server and view the footage online. It also allows users to network IP cameras together and share the footage either privately or with a wider audience. The Jabbakam VMS works with its own brand cameras or a selected range of IP cameras from companies such as Y-Cam and Axis. Despite being designed primarily for the domestic market, Jabbakam attracted a great deal of interest from the corporate market, Wickes said. “On the basis of that, we developed Cloudview and changed the company name.” With Cloudview, the product is first and foremost an analogue camera solution. Using a Cloudview video network adapter (VNA), users can stream analogue cameras to the cloud storage system using automatic event triggers or manual activation. The VNA includes a built-in video encoder, SD card slot for local storage and network adapter as well as a USB slot for plugging in a wireless network adapter or 3G wifi device. Simples Wickes said that Jabbakam had taught him the importance of keeping things simple. “The key challenges highlighted through […]
Source www.securitynewsdesk.com
Tokyo?s Metropolitan Police, 4 Other Prefectures Deploy Facial Recognition Systems
Tokyo’s Metropolitan Police, 4 other prefectures deploy facial recognition systems Mar 03, 2014 John Hofilena National , Tech & Science 1 Tokyo’s Metropolitan Police, 4 other prefectures deploy facial recognition systems The Metropolitan Police Department (MPD) of Tokyo and police forces from four other prefectures have now deployed a facial recognition system where a high-definition video camera can instantly recognize any particular person in a crowd, this according to media reports. In the age of high-definition video, it is admittedly easier to spot faces in a crowd, and this particular system has been adopted for use in anti-organized crime investigations. The main problem is that there is no clear-cut mechanism for monitoring the new system’s use, and the Japanese public fear that it can be used by the police to infringe on private citizens’ privacy. The new equipment for the police is called a mobile facial image detection and verification system, and it uses a notebook computer loaded with a database of faces. Pictures taken by the high-definition video camera are cross-checked by the software with images in the database. The system is programmed to alert the operator if a face matches a database image. According to the specifications of the system that was made public through a freedom-of-information request, the software is capable of simultaneously processing the faces of more than 10 people, detecting even those with dark eyewear or masks. The software is able to crosscheck at least 100,000 cases in a second. Most of all, the […]
Source japandailypress.com
Von Duprin Concealed Vertical Cable Exit Device Achieves Hurricane Listing
Statue of Liberty upgrades with Israeli digital video surveillance The Statue of Liberty National Monument has added BriefCam technology to its surveillance solutions. (Photo: BriefCam) The Statue of Liberty National Monument has added a state-of-the-art surveillance system that includes Israeli technology. Total Recall Corporation , a video-centric security technology provider specializing in surveillance solutions, brought together nine top technology vendors including BriefCam . The award-winning IP-based, digital video surveillance solution offered by Total Recall is being used by the US Park Police, National Park Service and the Department of Interior to enhance public safety and improve operational efficiencies at the recently renovated Statue of Liberty National Monument and Liberty Island. Israel’s Briefcam was chosen for its unique Video Synopsis software solution that enables law enforcement and security personnel to review hours of surveillance video in minutes. The current surveillance deployment marks the first time an all-digital surveillance system has been installed at the monument. The Statue of Liberty reopened to the public on Independence Day, July 4, 2013, following eight months of renovation and repairs due to the devastation caused by Hurricane Sandy. According to the National Parks of New York Harbor Conservancy, approximately four million people visit the Statue of Liberty National Monument and Ellis Island each year. Total Recall will present the Statue of Liberty project at the upcoming ASIS New York City Security Conference and Expo, March 13-14, 2014 at the Jacob K. Javits Center in New York. “The new security system that we had installed […]
Source israel21c.org
Schneider Electric Unveils Pelco Traditional, General-Purpose And Fortified Camera Enclosure Systems
Published on 3 Mar, 2014 Schneider Electric recently announced a new line-up of Pelco™ traditional, general-purpose and fortified camera enclosure systems. The release of these seven enclosure systems provides a cost effective solution to the end user as well as making connectivity in harsh environments achievable. “These significant advancements in camera enclosure capabilities represent excellent opportunity for security system specifiers, resellers and installers,” said Craig Dahlman, Director of Accessory Products, Pelco by Schneider Electric. “We’re proud to make available a wide selection of very cost effective traditional enclosures, as well as a new family of general-purpose IP-enabled enclosures optimised for megapixel cameras. Our new high-performance fortified series enclosures allow customers to offer harsh-environment solutions for almost any application.” Traditional enclosures — New EH14 series: Providing a reliable and cost-effective option for traditional video security enclosure installations, the EH14 series is constructed of a durable polycarbonate construction providing IP66, CE rated protection for camera/lens systems, with a wide -4°F to 122°F operating temperature range. Customers can choose from standard 24 VAC and 230 VAC input as well as traditional mounting options. IP-enabled, general purpose enclosures — New EH16 series: Taking performance and network connectivity to the next level, the new Pelco EH16 series enclosures offer convenient, built-in PoE camera power supplies and ultra-clear megapixel-optimised front windows. For maximum installation flexibility, customers can choose from IEEE802.3at, 24 VAC, and/or 230 VAC input. Constructed of high-performance aluminium die-cast, the EH16 provides IP66, CE, UL, cUL, and IK10 rated protection within an -22°F […]
Source www.sourcesecurity.com
Statue Of Liberty Upgrades To New State-of-the-Art Digital Video Surveillance System
Administrators, security and maintenance personnel can choose from a menu of training courses, seminars and webinars, face-to-face meetings at leading trade shows and professional K-12 conferences, funding help, new products designed specifically for K-12 applications and free security assessments. Allegion will be offering a variety of training courses, seminars and webinars to keep administrators abreast of technology and trends in school security. This year, Allegion is serving up two new options. K-12 administrators can choose from an instructor-led course “School Locking Hardware” offered in cities across the U.S. or the Power Hour Webinar Series covering a variety of thought leadership topics. Dates and topics are listed on the Allegion website. Through leading trade shows, education association support and professional events, Allegion education specialists are available for one-on-one discussions to share their expertise on lockdown, key system management and proven access control solutions. They will talk with administrators about their district’s specific goals and how to put a plan in place. Many of these trade shows and other scheduled events can be found on the Allegion website. In their search on how to pay for security and safety upgrades, Allegion can also help schools identify funding allocations, key decision makers who manage grants, provide insight into grant applications and recommend grant writing resources. Allegion utilizes a 24/7 cloud-based database of federal and state grant funding information. Not only does this database provide access to all public and private grants for public and private schools but it additionally details who in […]
Source tinyurl.com
Wavestore Partners WIth BTI to Drive Sales Opportunities In Canada
SOURCE: NXT-ID March 04, 2014 10:39 ET Wocket™, a Next Generation Biometrically Secure Smart Wallet and 3D-ID Facial Recognition Technology to Be Discussed in Presentation to Live Audience and Online Media SHELTON, CT–(Marketwired – Mar 4, 2014) – NXT-ID, Inc., ( OTCQB : NXTD ) a biometrics company focused on the growing m-commerce market, announces it will be presenting at the Defense and Security Conference, "Game Changing Technologies," to be held in New York on March 11th at The New York Hilton Midtown. The live conference will also be featured on a streaming live news and syndication platform to global media and industry followers. The Company will join leading experts including Janice Kephart, Founder and CEO of The Secure Identity and Biometrics Association (SIBA) and cybersecurity expert and counterterrorism analyst Roger Cressey, Partner with Liberty Group. Gino Pereira, Chief Executive Officer of NXT-ID, Inc. will discuss the company’s innovative MobileBio™ suite of biometric solutions including its soon to be released Wocket™, a next generation smart wallet designed to replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. The presentation will also feature the company’s 3D facial recognition technology. The theme of the conference is ‘ Game Changing Technologies: The Face and Future of Security’ and will be discussing developments in biodefense, biometrics including fingerprint, voice and facial recognition, cyber security and other leading edge technologies. Speakers and presenters will discuss […]
Source www.marketwired.com
Do You Randivoo?
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot post attachments in this forum Jump to: Select a forum —————— Joomla! Announcements Announcements Announcements Discussions Joomla! 2.5 – Ask Support Questions Here General Questions/New to Joomla! 2.5 Installation Joomla! 2.5 Joomla! 2.5 on IIS webserver Administration Joomla! 2.5 Access Control List (ACL) in Joomla! 2.5 Migrating and Upgrading to Joomla! 2.5 Security in Joomla! 2.5 Extensions for Joomla! 2.5 Templates for Joomla! 2.5 Search Engine Optimization (Joomla! SEO) in Joomla! 2.5 Language – Joomla! 2.5 Performance – Joomla! 2.5 Joomla! 3.x – Ask Support Questions Here General Questions/New to Joomla! 3.x Installation Joomla! 3.x Joomla! 3.x on IIS webserver Administration Joomla! 3.x Access Control List (ACL) in Joomla! 3.x Migrating and Upgrading to Joomla! 3.x Security in Joomla! 3.x Extensions for Joomla! 3.x Templates for Joomla! 3.x Search Engine Optimization (Joomla! SEO) in Joomla! 3.x Language – Joomla! 3.x Performance – Joomla! 3.x Joomla! Older Version Support Joomla! 1.5 General Questions/New to Joomla! 1.5 Installation 1.5 Joomla! 1.5 on IIS webserver Administration 1.5 Migrating and Upgrading to Joomla! 1.5 […]
Source forum.joomla.org
Sharx Security SCNC3606 PoE Wired Weatherproof Outdoor IP-Camera With Built In DVR
This outdoor night vision IP camera works on 10/100 Ethernet with Cat5 wiring. Multiple viewers can see video or snapshots in any of the supported formats including MPEG4, MJPEG, 3GPP and JPEG. Both HTTP and RTSP streaming protocols are supported for use with browsers or media players on Windows or Mac computers as well as iPhone, Droid, Blackberry or other web enabled cell phones. Multiple streams with 3 separate choices of image quality are available simultaneously. Video can be adjusted from near DVD quality with audio and full motion (2048K, 640 x 480, 30 fps) all the way down to a bandwidth saving mobile stream (20K, 176 x 144, 5 fps). With the included MicroSD memory card the camera functions as a standalone DVR for motion detection or continuous video. Recording time ranges from 1 hour/GB to almost 100 hours/GB based on selected video quality. The camera can automatically upload recorded video files to an FTP server or standalone network drive with FTP feature. This new version includes an indoor/outdoor connection box. The mounting bracket can attach to the top or bottom of the camera for maximum positioning flexibility. This camera can be powered over the Cat5 cable using 802.3af PoE Power over Ethernet technology or using the included international standard AC adapter. This camera can see up to 45 ft in absolute darkness with its powerful infrared LEDs. A router with available Cat5 network jack is required for operation. Access from outside the home network (LAN) requires internet […]
Network Camera & Video Analytics Market Is Projected To Grow $5,760.27 Million By 2017-New Report By MarketsandMarkets
Network Camera & Video Analytics Market Is Projected To Grow $5,760.27 Million By 2017-New Report By MarketsandMarkets Rate this news: (0 Votes) Monday, March 03, 2014 : According to a new market research report
Hikvision And ObjectVideo Sign Noteworthy Patent Licensing Agreement
HANGZHOU, China and RESTON, Virginia, March 3, 2014 /PRNewswire/ — Hikvision ( SHE: 002415 ), the global leader of video surveillance products and solutions, is pleased to announce the signing of a worldwide patent license agreement with video analytics provider ObjectVideo, Inc. "Hikvision has a rich intelligent video analytics product line. This line plays an important role in both data mining and data services," said Yangzhong Hu, President of Hikvision. "With this agreement with ObjectVideo, Hikvision is able to accelerate the promotion of intelligent video analytics products and solutions in the global market to better serve our customers and partners." "We are very pleased to have Hikvision join our patent licensing program," noted Raul Fernandez, Chairman and CEO of ObjectVideo. "Hikvision is our first partner from China. We believe Hikvision’s continuous investment in the video analytics field will reinforce its already impressive market position." "Hikvision intelligent video analytics product lines include network cameras, PTZ dome cameras, NVRs and video servers. These products have been successfully applied worldwide in city surveillance, transportation, financial institutions, commercial, and industrial vertical markets," said Shiliang Pu, R&D Director of Hikvision. "We will continue to dedicate ourselves to the development of cutting-edge technology for richer solutions." "As the IP security market continues its rapid growth, video analytics stands out as an important piece of the global solution," said Chris Capuano, General Counsel of ObjectVideo. "Hikvision’s ongoing investment in intelligent products with video analytics is further evidence of the importance of this technology." Hikvision is one […]
Source www.finanznachrichten.de
Video Surveillance In The Workplace – Update The Privacy Officer
Always at the center of the problems that the experts have to face, "Video surveillance in the workplace" will be the theme of the course of 8 hours valid for updating the Privacy Officer of Policy Advisors and Certified by TÜV Examination Institute, with the recognition 10 credits. There will also be 4 credits for lawyers, who have credited the event organized by Federprivacy for April 11, 2014 in Arezzo. The course has been structured to provide students with the knowledge necessary to implement in the workplace video surveillance systems in accordance with the Privacy Code, the Provisions of the Privacy of ‘08.04.2010 and the Workers’ Statute. The teacher will be the lawyer. Mark Soffientini, Coordinator of the Scientific Committee of Federprivacy, which in the early part of the day will explain all the topics of the program, while the second part will take over as moderator of a panel discussion with the directors of the Territorial Directorate of Labour of Arezzo and other employees the work will be working, taking an active part in the debate to analyze the most common cases, and outlining possible solutions to be in good standing and not be violating that often involve heavy fines, sometimes even criminal. The course will be held at the Congress Centre Hotel Etrusco Arezzo on April 11, and the rules for participation have two options: € 100 + VAT for non-members Federprivacy, including the registration fee for 1 year, or reduced fee 60 € + VAT for […]
Source www.federprivacy.it
Carlyle To Buy Tyco South Korea Security Unit For $1.93 Billion
March 3 (Bloomberg) — Carlyle Group LP agreed to buy Tyco International Ltd.’s fire and security business in South Korea for $1.93 billion, the country’s largest private-equity buyout deal in U.S. dollar value in more than five years. Tyco is selling Tyco Fire & Security Services Korea Co. and units that form the ADT Korea security business, the company said today. Switzerland-based Tyco said net cash proceeds are expected to be $1.85 billion, and the board added $1.75 billion to its stock buyback authority, for a total of $2 billion. “ADT Korea is a highly stable and profitable business with attractive market positioning, strong brand power and excellent cash flow profile,” Sanghyun Lee, managing director on the Asia buyout team for Washington-based Carlyle, said in a statement. Lee said South Korea’s security industry is “under- penetrated.” Carlyle’s purchase follows investments of more than $920 million of equity in 17 transactions in South Korea as of Dec. 31, 2013 and is also the largest private-equity buyout in the country since 2008, according to the company. The firm’s current and former investments in Korea include KorAm Bank, Hyundai HCN, EO Technics, Tapex and Yakjin Trading. Equity for the transaction will come from Carlyle Asia Partners IV and Carlyle Partners VI, Carlyle said. Carlyle Group has committed debt financing from Korea Exchange Bank, Kookmin Bank, Industrial Bank of Korea, Korea Investment & Securities and UBS AG. Stock Reaction Carlyle fell 2.2 percent to $35.47 at 11:38 a.m. in New York as major […]
Source www.swissinfo.ch
Ballantyne Strong Launches Video Security Services
Ballantyne Strong will display new cloud-based video security services at an April security industry conference. The Omaha firm said Monday it will provide clients access to security cameras and videos through a web browser or mobile device. The company traditionally sold movie projector equipment, and is diversifying its business with networked equipment monitoring and advertising and communications screen technology. The company said the new video security services follow a reseller agreement with video surveillance equipment manufacturer VIAAS. Its video security solutions business will be led by Josh Galley, vice president of the Strong Technology Group. “We are very excited about our entrance into the physical security market, as it has significant growth opportunities and will enable us to leverage our existing infrastructure,” said Gary Cavey, president and CEO of Ballantyne Strong. “Our existing field services group will handle installations of the video cameras and our Network Operations Centers will provide the managed services for video event monitoring. We believe our new video surveillance solutions will provide excellent opportunities to diversify our revenue mix and increase the base of recurring revenue in our managed services business.” The services will be demonstrated at the 2014 ISC West exhibition from April 2 through April 4 in Las Vegas. Ballantyne Strong will report fourth-quarter 2013 financial results on March 14.
Source www.omaha.com
DVTEL Latitude NVMS Announces Integration With Software House C-Cure
RIDGEFIELD PARK, N.J., Mar 03, 2014 (BUSINESS WIRE) — DVTEL, INC. , the video surveillance solutions provider, announces integration of the latest version of the open and scalable Latitude network video management system (NVMS) with the C-CURE 9000 by Software House, part of the Security Products business unit of Tyco /quotes/zigman/542280/delayed/quotes/nls/tyc TYC +2.16% . Latitude NVMS is the choice for corporations and organizations looking for the most effective way to manage video surveillance operations over IP networks while C-CURE 9000’s advanced distributed architecture is designed for enterprise scalability and includes remote management of multiple locations from a central server and global reporting for consolidated data tracking. The integration of these platforms allows enterprise-class customers to take advantage of the feature-rich capabilities of DVTEL and Software House’s latest software platforms. The DVTEL Software House module expands the capabilities of C-CURE 9000 by allowing users to view live and recorded video from DVTEL Latitude-connected cameras within the C-CURE 9000 user interface. The integration also enables users to monitor events such as motion and analytics. The resulting unified operating platform for access control and video can also perform video exports, take snapshots, use on-screen pan-tilt-zoom control, and trigger actions. “Both DVTEL and Software House offer opportunities to expand system functionality and provide greater value to security integrators and enterprise-class end users,” said Cheryl Shea, Sr. Product Manager, Strategic Integrations, Tyco Security Products. “Integration with DVTEL’s Latitude software platform provides large security environments a greater ability to maximize the value and ease-of-use of […]
Source www.marketwatch.com
Oakland Neighbors Increasingly Use Surveillance Cameras For Security
Will Kane The motion-activated surveillance camera outside Jesper Jurcenoks’ home in the Oakland hills takes some 12,000 pictures a day. Every car, motorcycle, delivery truck, police car, bicyclist, pedestrian and deer that enters his isolated street off Skyline Boulevard gets photographed. Four times a second. Day and night. When they arrive and when they leave, time-stamped and stored on a server for 60 days. The two cameras, one at each entrance of Jurcenoks’ looping street, form a virtual wall around the neighborhood, he said. For years, Oakland residents have built fences or installed security cameras on their homes because they were fed up with burglaries and auto break-ins. Some neighborhoods hired private security guards to patrol their streets. Now they’re becoming more aggressive in their efforts to fight back. In growing numbers, residents are forming neighborhood groups and spending thousands of dollars on cameras that can monitor the perimeter of entire blocks. They don’t merely want to protect their homes. They want to catch anyone intent on criminal behavior. “We will not a let a criminal enter or leave our neighborhood undetected,” Jurcenoks said. “We’re not saying we can stop the crime. We want to make sure we have a photograph.” Trying to avoid abuse Seven areas across the city have signed up for a neighborhood-wide surveillance system, and dozens more are interested, said Jurcenoks, the founder of Neighborhood Guard , a nonprofit that helps owners set up and install such systems. He installed his neighborhood’s system in 2012, costing the neighborhood association $2,000 for each […]
Source rinf.com
Why Did JANA Partners Open A New Financial Position In Allegion?
Must-know assessment: JANA Partners’ positions in 4Q 2013 (Part 2 of 8) ( Continued from Part 1 ) JANA Partners disclosed a 2.41% new position in Allegion plc (ALLE), a $2 billion security solutions provider for homes and businesses. Allegion has seen hedge fund interest with Trian Partners and DE Shaw holding positions in the stock. Allegion debuted in December last year as a standalone, publicly-traded company following its spinoff from industrial goods manufacturer Ingersoll-Rand (IR). Under the spinoff transaction, approximately 96 million ordinary shares of Allegion were issued to Ingersoll-Rand shareholders. These holders received one ordinary share of Allegion for every three ordinary shares of IR held. Fractional shares that the IR shareholders would otherwise have been entitled to receive were aggregated and sold in the public market. Ireland-based Ingersoll-Rand had confirmed the spin off in December 2012, after a strategic review to improve shareholder and company value. Activist firm Trian Partners, which acquired a 7% stake in Ingersoll-Rand in 2012 and a seat on the company’s board, was instrumental in pushing for a break up of the company that eventually culminated in the spin off of the security business. The division, according to news reports, accounts for 15% of Ingersoll-Rand’s revenue. After the spin off, Ingersoll reported its financial results as two segments—climate and industrial. For the fourth quarter, Ingersoll-Rand reported a profit of $47.6 million, or $0.16 a share, a decline from $235.6 million, or $0.78 a share due to a slowdown in the U.S. construction […]
Source finance.yahoo.com