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NRG Energy Inc. to Acquire Vivint Smart Home Inc.
NRG Energy announced they have entered into a definitive agreement under which NRG will acquire Vivint for $12 per share or $2.8 billion in an all-cash transaction with an implied multiple of 6.3x run-rate Enterprise Value to Adjusted EBITDA. The agreement has been unanimously approved by the boards of directors of both companies. Vivint Smart Home is a leading smart home platform company whose mission is to help its nearly two million customers live intelligently by providing them with technology, products, and services to create a smarter, more efficient, and safer home.
DITEK Partners with SecurityCEU.com to Launch DITEK University
DITEK announce the launch of their digital training platform, DITEK University, in partnership with SecurityCEU.com and the CMOOR Group. DITEK University offers online, interactive training courses covering a variety of surge protection topics ranging from basic principles to best practice techniques for specific applications.
Alarm.com Announces First-to-Market Smart Arming Feature
Alarm.com announced Smart Arming, a new feature that intelligently auto-arms and disarms Alarm.com powered home security systems based on user activity. The first-to-market feature, which was named a CES? 2023 Innovation Awards Honoree, goes beyond scheduled arming and disarming to intelligently adapt to daily routines. Smart Arming is quick and intuitive to set up; users choose the time of day they typically want their system armed at night (e.g., after 11 p.m.) and disarmed in the morning (e.g., at 7 a.m.), and then simply go about their daily routines.
Aiphone Launches GT-1C7W Multi-tenant Station with Mobile App Capability
Aiphone announced the latest installment to their versatile GT Series analog multi-tenant video intercom. The new GT-1C7W is an app-enabled dual audio and video tenant station, offering on-the-go tenants a convenient method to screen visitors whether at home or away with the system?s mobile app. The addition of the GT-1C7W app-compatible video tenant station is part of a security industry trend towards solutions that enable access through a mobile device.
Interface Systems Shares Best Practices to Help Retailers Fight Crime this Holiday Season
As retailers get ready for a busy holiday shopping season, they also have to prepare for an increased risk of theft and violence against employees. Interface Systems shares insights and best practices to mitigate holiday season retail crime and aggression. According to the National Retail Federation?s 2022 retail security survey, 52.9% of retailers reported that external theft, and Organized Retail Crime (ORC) in particular, increased by 26.5% since 2021.
Dedrone Integrates Axis Communications? Camera to Deliver Multi-Sensor Airspace Security Solution
Dedrone announced that it has formed a partnership with Axis Communications to incorporate Axis network cameras into Dedrone?s counterdrone command and control (C2) platform, DedroneTracker. With Axis camera integration, Dedrone is now the first counter-UAS (cUAS) company to provide proven artificial intelligence (AI)- and machine learning (ML)-driven multi-sensor fusion to autonomously detect, track, and identify drones (DTI) with multi-target and multi-camera capability. This airspace security system has already been successfully tested at several locations including Consolidated Edison?s New York City energy facilities.
D-Fend Solutions Closes Multiple U.S. Federal Government Security Deals in 3Q22
D-Fend Solutions announce that this past quarter, 3Q2022, it sold over $3 million in EnforceAir counter-drone security systems and components to various United States federal security agencies. The agencies span across a range of sectors and applications in U.S. defense, homeland security and law enforcement, with the contracts distributed across multiple high-profile departments and agencies.
American Education Week: i-PRO Helps K-12 Educators Procure Funding for School Security
i-PRO Americas is celebrating American Education Week by encouraging K-12 institutions to tap the free-of-charge services of its Grants Program to help procure funding for security infrastructure projects needed to protect students, staff and schools.
ISS Announces Pair of Internal Promotions in North America
ISS (Intelligent Security Systems) has announced a pair of internal promotions to further support the company?s growing operations in North America. Egor Lefter, who joined the company in 2020 as a Sales Engineer and most recently served as Technical Sales Manager for Canada, will take over as Senior Solutions Architect for North America where he will be responsible for strategically developing and planning solutions to fit within a variety of customer environments. Prior to joining ISS, Lefter worked for five years as a Senior Field Service Engineer at Honeywell.
LiveView Technologies Collaborates with Local Law Enforcement, Government Officials and Retailers to Make Communities Safer
LiveView Technologies announced it is collaborating with the Paducah and Opelika Police Departments, local government and retailers in Paducah, KY and Opelika, AL. The collaboration launches the Alliance of Companies and Communities to Enhance Safety and Security (ACCESS) Taskforce with the mission to improve community safety and reduce organized retail crime one city at a time. Organized retail crime is on the rise and expected to escalate during the holiday season. LVT?s ACCESS Taskforce is a first-of-its-kind collaboration that creates seamless communication and safety orchestration efforts between municipalities, law enforcement and retailers
New Genetec Research Shows Cybersecurity Remains a Top Concern for Physical Security Professionals Worldwide
As cybersecurity awareness month continues to be a focus of discussion in October, new research conducted by Genetec shows that cybersecurity remains a top concern for physical security professionals going into 2023. Based on insights from over 3,700 physical security leaders from around the world, the report revealed that almost half (49%) of the organizations surveyed had activated an improved cybersecurity strategy this year, and more than a third of all respondents (36%) are looking to invest in cybersecurity-related tools to improve their physical security environment in the next 12 months.
4 Ways Logistics Facilities Can Stay Protected Amid Supply Chain Disruptions
With the holidays quickly approaching, security threats such as theft, cyber attacks, and workplace violence are becoming more prevalent for logistics facilities. In addition to these security challenges, the global supply chain continues to experience significant strain caused by the pandemic, which will result in even more challenges for these facilities during the upcoming holiday season. According to Accenture, 94 percent of Fortune 1000 companies saw supply chain disruptions as a result of the pandemic, and 75 percent of companies felt negative or strongly negative impacts on their business due to supply chain disruptions.
US DOJ Sues to Block ASSA ABLOY?s Proposed Acquisition of Spectrum Brands? Division
The U.S. Department of Justice filed a civil antitrust lawsuit to block ASSA ABLOY AB?s (ASSA ABLOY) proposed $4.3 billion acquisition of the Hardware and Home Improvement division of its rival, Spectrum Brands Holdings Inc (Spectrum). ASSA ABLOY and Spectrum are two of the three largest producers of residential door hardware in the concentrated, $2.4 billion U.S. industry. If the merger were to go through the DoJ says that Assa Abloy would have a ?near monopoly? on premium mechanical door hardware and more than a 50 percent share in smart locks.
i-PRO to Showcase Body-worn Cameras, In-vehicle Systems, Evidence Management Software and ALPR Solutions at IACP
IACP 2022, on booth 3405, i-PRO will showcase its latest range of security solutions for law enforcement professionals. Featuring an extensive range of imaging and evidence management offerings and advanced AI-driven software and analytics, i-PRO?s comprehensive portfolio of public safety and law enforcement solutions includes body-worn cameras, in-vehicle video systems, on-premises and cloud-hosted digital evidence management solutions, and intelligent analytics such as automated redaction to protect personal privacy.
TKH Security Installing Park Assist Solution at Kansas City International Airport
TKH Security (formerly Park Assist) has begun installing the previously awarded Automated Parking Guidance System (APGS) contract through JE Dunn Construction in conjunction with the Kansas City Aviation Department (KCAD) in Kansas City, MO. Landing in spring 2023, the Kansas City Aviation Department will open a new single terminal representing a total transformation of Kansas City?s air passenger experience.
i-PRO Announces Latest Enhancements to Video Insight VMS
i-PRO Americas announced the latest enhancements to its Video Insight (VI) VMS featuring live maps, enhanced Vaxtor LPR integration supporting vehicle make, model, and color (MMC), body-worn camera streaming, and third-party integrations. For users responsible for monitoring cameras across multiple facilities, the latest version of VI now includes a dynamic Live Maps feature that vastly improves situational awareness for security officers. Security officers monitoring multiple cameras need an easy way to navigate to important cameras within the system.
Blackline Safety to Unveil Disruptive Connected Wearable at NSC Safety Congress & Expo
Blackline Safety Corp announced it will unveil the G6 single-gas detector ?setting a new standard in connected worker wearables? at the upcoming National Safety Council (NSC) Safety Congress & Expo, to be held September 19-21 at the San Diego Convention Center. A first look at Blackline?s latest innovation for oil and gas, petrochemical and other industrial workplaces, enabling fast incident response time, better safety and compliance, long-lasting connectivity and improved efficiency?all in one cloud-connected device.
Aiphone?s New One-Piece Aluminum Towers Enhance Perimeter Security for Large, Open Settings
Aiphone has announced the launch of aluminum towers. The new TW-SE and TW-SA are one-piece towers that are easier and more cost-effective to ship and install due to their lightweight material. Emergency towers are an essential layer of perimeter security for many campus settings. Strategic placement of emergency towers and wall boxes can deter crime in areas that are harder to monitor and be a visual indicator that assistance is easy to reach.
viisights and Qognify Seamlessly Integrate Innovative Behavioral Analytics and VMS Solution
Enables Predictive Analysis to Help Prevent and De-escalate Events in Realtime viisights and Qognify have partnered to offer a seamlessly integrated solution that automates event detection and analysis. The integrated solution dramatically increases situational awareness by employing Artificial Intelligence (AI) to autonomously detect, analyze, and understand situations and events as they are unfolding. ?viisights is […]
Securitas Announces New Financial Targets and Stanley Security Update
Following the acquisition of STANLEY Security, that was completed and consolidated into Securitas as of July 22, 2022, the Group has defined new financial targets of 8-10 percent technology & solutions annual average real sales growth, 8 percent Group operating margin by year-end 2025 and a net debt to EBITDA ratio below 3.0x. Securitas will present the strategy and roadmap for the new targets, as well as a trading update for STANLEY Security, at an investor update today at 2.00 p.m. CEST.