NEUHAUSEN, Switzerland—The addition of Westfire to the Tyco family will complement and enhance SimplexGrinnell, another Tyco business, and bring it more customers and RMR opportunities, according to SimplexGrinnell officials.
NEUHAUSEN, Switzerland—Tyco’s acquisition of fire protection company Westfire, announced this morning, “aligns well with the company’s internal strengths,” Jeff Kessler, managing director of institutional research at Imperial Capital, told Security Systems News.
WESTFORD, Mass.—The U.S. General Services commissions has approved an end-to-end physical access control system consisting of products from Tyco’s Software House and HID Global as a fully compliant FICAM solution, the two companies announced Oct. 30.
BOSTON—An upgrade of its access control system has enabled the Dana Farber Cancer Institute here to introduce Wi-Fi locks without building a new system to manage them, has provided more information about cardholders and provides automatic reports.
HOLLYWOOD, Fla.— Devcon Security has undergone dramatic changes in the past few years: a rapid expansion, then an even faster downsizing and also a management shake-up. Now, an even bigger change—ADT’s announcement today that it has signed a deal to acquire Devcon for $148.5 million—is a welcome one, Devcon CEO Steve Hafen told Security Systems News.
NEUHAUSEN, Switzerland—In what Tyco Security Products’ director of product management Steve Carney called a “perfect fit,” Tyco announced July 29 that it has completed the acquisition of VMS provider Exacq Technologies for $150 million in cash.
ROCK HILL, S.C.— Iris scanning technology is typically used by the government, the military and in hospitals. However, as prices have started to come down, the market for the technology is expanding to also include mainstream users, ranging from universities to your local gym.