Corporate News
Samsung Techwin?s WiseNetIII DSP Chipset Wins Prestigious ?Rewarding Innovation? Award
The WiseNetIII DSP chipset was among the winners of nine different categories, including access control, intruder alarm, perimeter protection, infrastructure security, and video surveillance solutions. The winners were announced at an award ceremony which took place on the Benchmark stand at IFSEC International on 18th June and were chosen by a judging panel which included […]
Jack McNamara Of Bosch Named President Of The Automatic Fire Alarm Association
Jack McNamara of Bosch Security Systems, Inc. has been named President of the Automatic Fire Alarm Association (AFAA), an organization dedicated to improving the quality, reliability and value of fire and life safety systems. McNamara is currently the Marketing Manager for the fire product portfolio for Bosch in North America. He has held a number […]
Google’s Nest To Acquire Dropcam For $555 Million
After much speculation, Google-owned Nest has officially acquired connected-camera company Dropcam. The company announced the deal in a blog post today; it comes out to $555 million in cash, Re/code reported. Dropcam will remain independent until the deal closes, and it will then proceed to integrate with Nest. From Nest founder and engineering head Matt […]
Ripple Effects Of Canon Milestone Union
The ripple effects of the recent acquisition of Milestone by Canon are far reaching and significant, especially in this global village of a world we operate in. It would be interesting to know if the Milestone and Canon executive teams truly appreciated the impact their business transaction would have on so many businesses around the […]
ESX’s New ‘Making It Count’ Program Launches Directory Of Experts
Electronic Security Expo 2014 (ESX) — While many industry events provide resources, ESX has spent the past twelve months focused on how to make those resources count. Through its new customer care initiative, ESX is providing attendees with free tools and advice to activate successful business practices. ESX has announced the launch of its new […]
STANLEY Security Transfers Sonitrol-Branded Products To 3xLOGIC
STANLEY Security and 3xLOGIC, Inc., announced a definitive agreement where 3xLOGIC will assume ownership of research and development, technical support, and certain marketing activities for products developed under the Sonitrol brand. The focus of the transaction will be to bring the combined strengths of 3xLOGIC and STANLEY Security to the development and delivery of innovative […]
Tri-Ed Acquires SecurityPro Warehouse
Tri-Ed, North America?s largest independent security distributor, is pleased to announce its further expansion with the acquisition of SecurityPro Warehouse (SPW), a leading wholesale security distributor in the Louisiana market. Tri-Ed will maintain the SPW location at 3307 Kingman Street, Metairie, LA and move its current New Orleans branch into that 10,000 square foot facility. […]
OnSSI’s Corporate Response To Canon’s Acquisition Of Milestone
From Kenneth LaMarca, Vice President of Sales and Marketing, OnSSI As I am sure you have heard by now, Milestone Systems has been acquired by Canon. I am writing to assure you, our valued customer, that this change will have significant positive impact on OnSSI as a company, Ocularis as a product line and you […]
Canon Acquires Milestone
One of the signs of a maturing market is merger and acquisition activity and within the past 60 days we have seen Vicon and IQinVISION merge, Costar Technologies acquires CohuHD, QEOS purchases Centric Technologies, and Google publicly consider the acquisition of Dropcam. In August of 2013, SecurityHive.com published a story on how Canon was putting […]
Avigilon Introduces Intelligent Analytics Expert Dr. Mahesh Saptharishi To Executive Management Team
Avigilon Corporation (TSX:AVO), a global leader in end-to-end security solutions, announced the addition of Dr. Mahesh Saptharishi, senior vice president of analytics and data science, to the Company’s executive management team, effective immediately. Dr. Saptharishi will continue to report directly to Avigilon’s chief operating officer, Bryan Schmode. Joining Avigilon in January 2014, following Avigilon’s acquisition […]
VidSys Opens New Middle East Regional Headquarters In Dubai
VidSys, a leading global provider of Physical Security Information Management (PSIM) software, announced its establishment of a new VidSys regional headquarters office in Dubai, UAE. The office is led by Philip Stockham, VidSys Director for EMEA Operations, and includes a team of senior sales executives, product engineers, and program managers. Located in Swiss Tower, within […]
IP Video Surveillance Getting Smarter
Living with intelligent devices is a dream we have had for centuries. Michelangelo, Jules Verne, and many other great thinkers had this vision, but their vision preceded the technology of their time. With Moore’s law and all the technology we have created, isn’t it time for this dream to come true? The intelligent home is […]
Milestone Helps You Build IP Video Knowledge At Your Own Pace
Milestone’s new Learning Portal provides flexible online training for partners and end users of XProtect video management software. Milestone Systems, the open platform company in IP video management software (VMS), has created the Milestone Learning Portal for online education to train and certify industry professionals on the technical and commercial details of Milestone product offerings. […]
QEOS Leaps Forward With US$40M Silicon Valley Acquisition
KUALA LUMPUR, Malaysia — Quantum Electro Opto Systems Sdn Bhd (QEOS) has acquired Silicon Valley-based Centric Technologies LLC’s Intellectual Property (IP) assets and people in a US$40 million (RM129 million) deal that announces its global ambitions. QEOS is a Malaysia-based provider of high-speed, low-power connectivity and intelligent video security solutions. According to Dr Gabriel Walter, […]
Samsung Techwin Announces New Business Development Executive
Jorge Gomez has been appointed Vice President of Business Development for Samsung Techwin for Europe, Russia, and CIS. Jorge is a seasoned security industry professional whose expertise and extensive knowledge of video surveillance and integrated security solutions has been acquired during successful spells at some of the industry’s leading players, including Honeywell, Thales, and General […]
Costar Technologies To Acquire CohuHD
Costar Technologies, Inc. (OTC Markets Group: CSTI) announced today that it has signed a definitive agreement to acquire CohuHD, the camera products and video solutions division of Cohu, Inc. (NASDAQ: COHU). The purchase price for
Dallmeier Opens Another VideoIP Showroom South Of Munich
Following the successful opening of the Dallmeier solution centre at Johanns Systemhaus in Bitburg, Dallmeier can now provide its customers and partners with an on-site showroom in southern Germany. The ?Showroom South? at IPPI GmbH was opened with due ceremony in mid-May. IPPI has over 30 years of experience in the planning and installation business. […]
Ambarella Jumps 5%: FYQ1 Beat Expectations
Shares of digital video technology provider Ambarella ( AMBA ) are up $1.15, almost 5%, at $25.80, in late trading after the company yesterday reported fiscal Q1 revenue and profit that topped analysts’ expectations and forecast this quarter’s revenue higher as well. Revenue in the three months ended in April rose to $40.9 million, yielding […]
Universal Protection Security Systems Acquires CityWide Electronic Systems
Universal Protection Security Systems, a division of Universal Services of America and one of the largest providers of security systems in the U.S., is proud to announce the acquisition of City-Wide Electronic Systems, Inc, a family-owned business that provides a broad range of security monitoring, alarm services and automation to more than 2,000 commercial customers […]
Xentry Acquires AcreeDaily Integrated Systems
Systems integrator Xentry Systems —which was launched from Matrix Systems in January— expects to hit $25 to $27 million in revenue in 2014, thanks in part to the acquisition, announced May 21, of Acree Daily Integrated Systems, an integrator based in Miamisburg, Ohio. “Our management vision is to build this big,” Matrix Systems CEO Holly […]