Tag: Henry Bros. Electronics
Industry luminary Jim Henry passes away, colleagues reflect
April 17, 2024Cory Harris, Editor
YARMOUTH, Maine—Legend. Great friend. Terrific presence. Mentor.
These are just some of the heartfelt tributes and reflections from colleagues and friends of industry luminary Jim Henry, one of the inaugural winners of the Security Systems News (SSN) Security Legend award, who passed away on April 13, 2024, after a lengthy illness. He was 70.
Henry spent more than 50 years in the security industry, from the early days of running a business with his family to later working for behemoths...
Specifiers, integrators say collaboration key to project success
February 17, 2011Tess Nacelewicz
DELRAY BEACH, Fla.—Communicate, communicate, communicate. That was the primary advice from two integrators and two specifiers who spoke on a panel Tuesday at TechSec Solutions here on the topic of how integrators and consultants can work most effectively together. Other advice included thorough vetting of integrators during the pre-specification phase to make sure they have the experience and expertise to successfully complete the project.
“The premise is that communication in large projects...
Post merger, Kratos execs outline goals for 2011
January 10, 2011Martha Entwistle
PALM SPRINGS, Calif.—With the official close of the Kratos/Henry Brothers deal on Dec. 15, the integration of Henry Brothers is underway and Jim Henry, former owner of Henry Brothers, will attend the Kratos' annual management off-site meeting which kicks off here today.
“This is a meeting hosted by Eric DeMarco, our CEO, which brings in the senior management of the company to discuss strategy, synergies between operating units and financial planning and projections,” Ben Goodwin,...
Kratos, Henry Bros. deal closes
December 16, 2010SSN Staff
SAN DIEGO—Kratos Defense & Security Solutions announced Dec. 16 that it has completed its acquisition of Henry Bros. Electronics. Under the terms of the transaction, HBE stockholders will receive $8.20 in cash for each share of HBE common stock they own.
The close was delayed for a few days as the result of a settlement of a lawsuit. It was originally scheduled to close Dec. 9.
A Dec. 16 Kratos statement notes that “HBE is a leading pure play provider of homeland security solutions, products,...
Diebold woos Henry Bros., but deal with Kratos expected to close Dec. 9.
November 18, 2010Martha Entwistle
FAIR LAWN, N.J.—The price that Kratos Defense and Security Solutions will pay for Henry Bros. Electronics went up this week, from $7 per share to $8.20 per share, as the result of a rival offer from Diebold.
Henry Bros. and Kratos on Oct. 6 announced a $45 million merger agreement. [http://www.securitysystemsnews.com/article/kratos-agrees-buy-henry-brothers-45m] At that time, HBE entered a 40-day “go shop” period where HBE was able to entertain offers from other suitors. That “go...