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Tyco Security Products

Tyco to buy Exacq for $150m

Kessler: Deal may help independent integrators and Tyco Integrated Security as well
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06/19/2013

NEUHAUSEN, Switzerland—Tyco today announced that it will acquire VMS provider Exacq Technologies in a $150 million cash deal.

Tyco Security Products secures hospital

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04/26/2013

WESTFORD, Mass.—Tyco Security Products announced this week that Yale-New Haven Hospital (YNHH), based in New Haven, Conn., has chosen an integrated security solution from the company’s Software House and American Dynamics brands, according to a Tyco statement.

ADT goes 'Undercover'

Company exec poses as entry-level employee on TV reality show to learn inner workings of operation
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03/27/2013

BOCA RATON, Fla.—“James” is a tough former Marine, but he found his first day working at an ADT central station daunting.

ISC West: 150 companies to debut

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03/18/2013

NORWALK, Conn.—More than 170 new companies will make their debut on the ISC West show floor, according to a statement from the organization.

OV makes peace with another camera manufacturer

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Monday, November 12, 2012

UPDATED Nov. 15 with information about Bosch agreement.

ObjectVideo announced today that it's signed a licensing agreement with Pelco, putting to rest the patent infringement lawsuit filed by OV against Pelco.

When I spoke to OV CEO Raul Fernandez in July about a similar agreement OV made with VIVOTEK, Fernandez said another agreement would be announced soon. Presumably this is that agreement--which would mean Pelco came in under the "amnesty" offer as well.

The Vivotek agreement came about as the result of an amnesty deal that OV announced just before ISC West 2012.

"We are pleased to have entered into a global, portfolio-wide license agreement with Pelco and to have the benefit of a cross license to Pelco's intellectual property," said Raul Fernandez, chairman of OV.

Pelco is the sixth company to sign a  licensing agreement with OV. Others include: Sony Corporation, Tyco Security Products' American Dynamics business unit and VIVOTEK. ObjectVideo began its "patent assertion program" at ISC West 2011.

And, on Nov. 14, ObjectVideo announced it had reached "an amicable settlement with Bosch Security Systems, Inc., of Fairport, New York, which includes, among other mutual obligations, a global, portfolio-wide patent license agreement with Bosch."

The two companies have asked the United States International Trade Commission to terminate its proceedings related to the matter, the statement said.

"The agreement amicably settles the matter and allows us to focus our full attention on our customers," said Christopher Gerace, president, Bosch Security Systems, in a prepared statement.

Warren Brown named president of ObjectVideo

Former Tyco Security Products VP says OEM business will be important component of business in future
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08/01/2012

RESTON, Va.—Saying it’s a “pivotal time” for video analytics in the security industry and for ObjectVideo in particular, Warren Brown on July 30 assumed the newly created role of president at the video analytics provider.

ObjectVideo makes headway with licensing

OV settles with Sony, signs agreement with Sony and Tyco
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02/27/2012

RESTON, Va.—ObjectVideo made progress in February with its licensing efforts. The video analytics provider announced that it has settled a lawsuit against Sony and signed licensing agreements with both Sony and Tyco’s American Dynamics.

Object Video signs licensing agreement

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Wednesday, February 1, 2012

There was an update today in video analytics provider Object Video’s patent licensing efforts. OV announced today that it has signed a global patent licensing agreement with Tyco Security Products’ American Dynamics business division.

You’ll recall that at ISC West last year, OV announced in April that it was suing Sony, Samsung and Bosch for alleged patent infringement

And, in June, it filed a complaint with the against the same companies with the International Trade Commission. That complaint seeks to bar Bosch, Samsung and Sony from importing and selling products containing software features and functions that allegedly infringe on OV’s patents.

OV CEO Raul Fernandez told me today that he can’t speak about the lawsuit, but he said the agreement with American Dynamics is the first of what he expects to be several similar agreements.

He said after the lawsuit and ITC complaints were filed, OV received “a series of inbound calls from [manufacturers] who wanted to understand the our licensing program.” He said there are “several negotiations ongoing [with manufacturers, but they’re not litigation-based negotiations” rather they’re manufacturers who have approached OV because “they’ve looked inward at their technology to see if there is a technology overlap with some of our patents.” This is OV’s preferred way to “approach licensing discussions but we are prepared to take another [legal] path if necessary.”

Fernandez said that the fact that Tyco is a “multi billion dollar, multi-national, multi-product line company that’s been in business a long time recognizes our innovations .. strengthens our case [for pursuing patent licensing] … it’s terrific for us.”

“Our American Dynamics business is developing a broad range of video analytics-enabled products,” said Warren Brown vice president of product management for Tyco Security Products. “As part of our pre-launch process, it was important to ensure that the growth we expect from these products would not be negatively affected by legal issues,” continued Mr. Brown. “This agreement with ObjectVideo gives us that certainty, allowing us to focus on the more important tasks of building great products that delight our customers.”

Asked how business is going, Fernandez said OV, which is privately held, had a good year with growth in its core software business and growth and backlog in its services side.

VanDover: Tyco prepares to integrate Visonic

$100 million acquisition, in works since June, closes
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12/19/2011

SCHAFFHAUSEN, Switzerland—Tyco announced Dec. 6 that it had closed on the $100 million acquisition of wireless security product provider Visonic. Now, Visonic is being evaluated by an integration team as part of the acquisition process, Mark VanDover, president of Tyco Security products, told Security Systems News in an email interview.

Tyco Security Products expands Product Management team

SSN Staff  - 
09/13/2011

WESTFORD, Mass.—Tyco Security Products announced on Aug. 23 that it has added three key members to its Enterprise Commercial Product Management team.
The additions of Jeremy Krinitt, Shahar Ze’Evi and Charlie Morganti to the product management team will add dedicated resources in key product areas, including product integrations, NVRs, video storage and mobile applications.

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