As part of the transaction, Teledyne has arranged a $4.5 billion 364-day credit commitment to fund the transaction and refinance certain existing debt. Teledyne expects to fund the transaction with permanent financing prior to closing. Net leverage at closing is expected to be approximately 4.0x adjusted pro forma EBITDA with leverage declining to less than 3.0x by the end of 2022. Teledyne expects the acquisition to be immediately accretive to earnings.
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Bosch has launched a human skin temperature detection solution that features built-in Artificial Intelligence (AI). The intelligent solution assists businesses to react to and predict possible unwanted situations. Data from the ?Human Skin Temperature Detection solution? from Bosch provides actionable insights that can minimize illness spread by accurately identifying people with elevated skin temperature at checkpoints in office buildings, manufacturing plants, and airports.
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DITEK Networks is announcing the launch of a new line of Gigabit PoE+ network switches designed for industrial applications. The products in this new line, which includes both 4-port and 8-port models, are built with a rugged metal case and feature a fanless design that delivers a high PoE power budget. A welcome addition to the three other series of DITEK Networks PoE switches, this new line gives IT professionals and security integrators a new choice for cost-efficient, easy-to-install powered networks.
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Hanwha Techwin announced the expansion of its line of public health surveillance technologies with the new Wisenet TNM-3620TDY body temperature detection camera. The multi-purpose device uniquely combines Artificial Intelligence (AI) with a dual-sensor design to securely monitor facility entrances and accurately identify potential health risks. The TNM-3620TDY offers two detection modes to discreetly scan people entering a facility.
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Boon Edam announced a new continuing education course approved by the American Institute of Architects (AIA) entitled, “Closing the Gap in Physical Security: Addressing the Entry.” Architects can view this one-hour presentation in exchange for one Health, Safety, and Welfare Continuing Education Unit (HSW CEU) towards their AIA accreditation. The course focuses on the role of security entrances in building design and a physical security strategy, including integration with other security technologies, safety and code requirements, and the impact of pandemics on the entry.
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Genetec announced the opening of its 16th global office in Vienna, Austria. Ideally located to support the company?s expanding footprint in Central Europe and serve as a hub for the DACH region, the new headquarters in Vienna will support the company?s fast-growing R&D, regional sales and support teams. With a multilingual staff representing eighteen nationalities, the Austria team brings a unique mix of different cultures and ideas.
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Parks Associates’ new Smart Product Market Assessment research finds US broadband households with networked cameras now own on average 3.4 of these devices, a rapid increase from less than two devices in early 2018. Additionally, over one-third of those who bought a smart video doorbell in the past 12 months are first-time buyers. The firm will host the 15th annual CONNECTIONS Summit: Smart Home Growth Strategies virtually on January 14, in cooperation with CES? 2021, featuring executives from ADT, Alarm.com, Brinks Home Security, Nice, Notion, SimpliSafe, and Yonomi.
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With the new MOBOTIX S74 video system, Konica Minolta is significantly expanding the usage options for Intelligent Video Solutions delivered using its MOBOTIX 7 platform. The new model is a high-performance IoT camera featuring up to four different types of sensors (two visual, one thermal, and one movement/sound), which allows for more flexibility than any other MOBOTIX video system. Exceptionally discreet thanks to its concealed camera housing, the S74 can also access camera apps that have already been integrated, for almost indefinite expansion.
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Johnson Controls and Alcatraz AI have collaborated to provide a comprehensive suite of AI-powered security solutions and services to meet the growing need for frictionless entry and advanced building security. Leveraging its own data-powered access control technology combined with Alcatraz AI?s advanced facial authentication platform, the Alcatraz Rock, Johnson Controls offers comprehensive industry-leading solutions to protect occupants and assets from building intruders and enable healthier hands-free entry.
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The latest release of Intelligent Insights from Bosch offers a software widget update that supports safe social distancing. Intelligent Insights is an AIoT video software solution that combines the connectivity of physical products with the application of AI, giving customers the power to predict based on live and historical data. Intelligent Insights taps data from Bosch video cameras with built-in AI and pulls it into a single dashboard to support informed decision-making before a potential situation occurs.
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As the application of the Internet of Things is gradually implemented and promoted, corresponding devices and products are ubiquitous. In the context of the use of the IoT, the RTLS (Real-time Location System) indoor locating system is now a significant technology that field management attaches importance to. It can reduce human resources and increase management efficiency has been confirmed by various industries.
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How our colleagues in the Media and Entertainment industry solve their video storage needs. Dailies. B-Rolls. Circle-Takes. These digital video-oriented processes of the ?Hollywood? production marketplace have ?for over a decade now? seen an explosion in the volume of recorded video that must be stored and managed. Entirely new workflows have been created to handle the deluge of video that digital movie-set cameras have unleashed.
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The Institute for Security and Technology (IST) is launching a new Ransomware Task Force (RTF) to tackle this increasingly prevalent and destructive type of cybercrime. The RTF?s founding members understand that ransomware is too large of a threat for any one entity to address, and have come together to provide clear recommendations for both public and private action that will significantly reduce the threat posed by this criminal enterprise. uts.
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PSA announced the appointment of Matt Barnette as its next Chief Executive Officer; PSA?s current CEO, Bill Bozeman, plans to retire from the organization in 2021. Barnette most recently served as Vice President of Physical Access Control Solutions North America Business Unit for HID Global and previously held the role of President at Mercury Security. Barnette is a seasoned veteran in the physical security industry with over 30 years of experience in management and executive roles.
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LenelS2 announced the integration of its OnGuard and NetBox access control systems with Seek Thermal?s Seek-Scan thermal imaging system. The new integration allows businesses to identify individuals with elevated skin temperature through a contactless solution and allow or deny entry based on this reading. The integrated solution joins the Carrier Healthy Buildings Program suite of offerings to help deliver healthier, safer, more efficient, and productive indoor environments.
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LenelS2 announced a global distribution agreement to resell Invixium?s contactless biometric solutions through the LenelS2 OnGuard? and NetBox value-added reseller (VAR) channels. The agreement also includes a new interface with the OnGuard and NetBox systems to enhance access control and proactive screening to help protect people and optimize building health and efficiency. The solutions are offered as part of Carrier?s Healthy Buildings Program.
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Following the release of FLIR United Video Management System 9.0 (United VMS) in August 2020, FLIR Systems announced the global availability of United VMS 9.0.1 with new advanced features. The latest platform update offers further streamlined access to system status and alarms around the clock for security teams to react to threat activities faster, while enjoying improved reporting and cybersecurity functionality.
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One of the largest public train operators in the United Kingdom, Southeastern Rail Network, now relies on a smart video security solution from Bosch to secure twelve train depots, including five unmanned locations, against theft and intrusion. The fully digital video surveillance system presents a significant upgrade to the British train operating company, which provides train services between London, Kent and parts of East Sussex and transports 640,000 passengers each weekday on its 392 trains.
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In a bid to further the shared goal of bringing about greater data privacy and transparency, Ontology has signed a Memorandum of Understanding (MOU) with Litentry. As part of the agreement, the two pioneers in decentralized identity and data management solutions will collaborate to integrate Ontology?s bespoke decentralized identity solution, DeID, and DDXF, Ontology?s decentralized data exchange, and collaboration framework, into Litentry?s identity aggregation and computation system.
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iComply Investor Services is announcing that it is launching an updated version of its comply KYC platform for digital compliance administration that now supports the onboarding and authentication of legal entities and natural persons as a part of its all-in-one compliance solution. Unlike existing electronic identification (e-ID) solutions that require tools from multiple vendors and manual processing for B2C and B2B customer due-diligence, comply KYC offers a standalone system.
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