acquistion
Securitas To Acquire Stanley Security For $3.2B
Stannley Black & Decker today announced it has signed a definitive agreement for the sale of most of its Security assets to Securitas AB for $3.2 billion in cash. The proposed transaction includes Stanley Black& Decker’s Commercial Electronic and Healthcare Security business lines. The businesses carry 2021 forecasted revenues of approximately $1.7 billion with an adjusted EBITDA margin in the low double-digits.
Johnson Controls Acquires SmartVue Corp To Bolsters Cloud Video Services
Johnson Controls has announced that it has acquired Smartvue, a leading IoT and video provider which empowers cloud video surveillance and IoT video services. The addition of the Smartvue cloud-based video platform will enhance Johnson Controls’ offering of an end-to-end, smart cloud based solution that can provide superior business data and intelligence to customers and added value to partners.
Dr. Ralf Hinkel Leaves Rising Mobotix
Arguably the pioneering proprietary IP video solutions provider, Mobotix is now beginning to open its technology, recently entering into an agreement to work together with Genetec in research and development, testing, business development, and sales support for new and existing enterprise clients.
FLIR Systems To Acquire Point Grey Research, Inc. For $253 Million
FLIR Systems, Inc. (NASDAQ: FLIR) announced that it has reached a definitive asset purchase agreement to acquire the business of Point Grey Research, Inc., a leading developer of machine vision cameras for use in industrial, retail, scientific, traffic, mapping, and other advanced imaging applications, for approximately $253 million in cash.
Video Surveillance Market Gets More Concentrated – But Not Mainly Through Acquisition
The year 2013 was a pivotal one for the video surveillance industry, because it was when predictions of market concentration started to become a reality. It was also when the estimated market share of the top 15 video surveillance equipment suppliers jumped 10 percentage points over the previous year’s share. In short, 2013 was when the video surveillance market finally started to mature. But that is not the whole story. Supply was —and is— becoming more concentrated, but it was not primarily the result of the many acquisitions the industry has experienced in recent years.
Anixter Announces Acquisition Of Tri-Ed
Anixter International Inc. (NYSE: AXE) announced that it has entered into a definitive agreement to acquire Tri-Ed, a leading independent distributor of security and low-voltage technology products from Audax Group (“Audax”) for a purchase price of $420 million. The acquisition is expected to be accretive to earnings in the first full year of operation, exclusive […]
Dropcam Nesting Into A New Home
The team at Dropcam sent out an email today where they stated they wanted to share some exciting news with everyone — Dropcam is now a Nest company. “We are thrilled to be part of the Nest family. Together, we’re going to create some amazing products that help you stay connected to the people and […]