SCHAUMBURG, Ill.—Convergint Technologies will look at “acquisitions that would complement [its] strong services focus and IT security capabilities” as the result of a new investment, announced Sept. 17, by KRG Capital, Convergint CEO Dan Moceri told Security Systems News.
STOCKHOLM, Sweden—Securitas has extended the time frame for its offer to buy Niscayah from July 18 to August 12, but—despite rumors to the contrary—it will not raise its $907 million bid, Gisela Lindstrand, senior vice president corporate communications and public affairs told Security Systems News on July 6.
NEW BRITAIN, Conn.—Stanley Black & Decker, parent company of Stanley CSS, announced today that it made a $1.2 billion all-cash bid for commercial security integrator and monitoring company Niscayah. The bid is supported by the Niscayah board of directors, which announced today that it unanimously recommends that shareholders accept the public offer.
STOCKHOLM, Sweden—Is it strange that guarding giant Securitas, which divested itself of its systems integration business (Securitas Systems, now Niscayah) five years ago, this week made a bid to buy that very same business back?
NEW YORK—Even for a security practitioner whose education and work experience is based mostly in technology, being successful in the security industry is a balance of business sense combined with a touch of finesse, according to John De George.