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Red Hawk makes first acquisition


BOCA RATON, Fla.—In its first acquisition since it became an independent company in 2102, Red Hawk Fire & Security today announced the acquisition of Systems Sales Corporation.

B Safe buys two in New Jersey


WILMINGTON, Del.—B Safe, a regional provider of security and fire alarms, has acquired two companies in New Jersey: Cary Security of Fair Haven and Power Systems Security & Communications of Bay Head.

Siemens Security Products now part of Vanderbilt

Wednesday, June 3, 2015

Vanderbilt Industries on Monday announced it has completed the acquisition of the Security Products business from Siemens.

The deal, announced in October, expands Vanderbilt’s footprint, R&D capabilities and product portfolio. The Siemens' division has been rebranded as Vanderbilt and is headquartered in Wiesbaden, Germany.

Joseph Grillo, Vanderbilt managing director, spoke to Security Systems News in November about the deal. Here's a llink to that story where he said Vanderbilt will look for more acquisitions.

And here's a link to a story about proprietary versus open systems. It's based on a TechSec educational session that Grillo participated in.

In Monday's announcement, Vanderbilt said it will expand beyond its presence here in North America and in Europe and is particularly interested in South America and Asia Pacific.

The Security Products division brings with it access control, intrusion alarm and video surveillance products. Its brand names include: Aliro, Alarmcom, Bewator, Cotag, Europlex, SPC and Vectis. Vanderbilt plans to retain existing brand names.

In a prepared statement, Grillo said the company has "a commitment to reinvest at least 10 percent of our annual revenue into new research and development, and therefore, look forward to introducing new innovations that exceed industry expectations and drive sustained growth

Post acquisition, Intertech is $41m integrator

Wednesday, September 24, 2014

Breaking news with afternoon from Pittsburg: Intertech Security, is now a $41 million integrator after the acquisition, announced today of Accent Electronic Systems Integrators, which is known as Accent ESI, a privately-held integrator based in Bridgeville, Pa.

The deal brings Intertech 40 new employees including Paul Caruso, an owner and principal manager of Accent ESI, who will become VP and GM of the Accent Division.

Former Accent ESI employees will continue to work from Accent’s  Bridgeville, Pa and Akron, Ohio office for the immediate future.

I have not had a chance to contact Ron Petnuch, president of Intertech Security yet, but he said in a statement that the companies have complementary capabilities. A company statement said that Intertech’s “expertise in integrated security systems combined with Accent ESI’s expertise in fire systems, sound systems, networks, audio visual and intercom systems provides additional opportunities and products for Intertech’s growing customer base in Pennsylvania, Ohio, West Virginia, Maryland, Florida and Texas.”

The statement said that Accent ESI has a “strong presence in the K-12 education market and new construction market” and said “coupled with Intertech’s experience in the end-user, client service market will enhance Intertech’s continuing growth.”

Canon to buy VMS provider Milestone Systems

Milestone will operate as stand-alone division; Canon committed to open platform

LONDON—Camera manufacturer Canon announced today that it will acquire VMS provider Milestone Systems. Terms of the deal were not announced.

Costar Technologies to buy CohuHD


COPPELL, Texas—Costar Technologies on June 4 announced that it has signed a definitive agreement to acquire CohuHD, the camera
products and video solutions division of Cohu.

HID acquires IdenTrust

Identity solution provider also launches channel program and goes to Texas

AUSTIN, Texas—From its newly christened headquarters here, identity solution provider HID Global today announced it has acquired IdenTrust, a provider of digital identities.

SecurTek acquires Scott Security Systems

The deal brings in 9,000 commercial and residential accounts in the Greater Vancouver area

YORKTON, Saskatchewan—Powered by a revolving line of credit from its parent company, SecurTek Monitoring Solutions, a provider of monitoring services for commercial and residential customers across Canada, has acquired 9,000 customer accounts from Burnaby, British Columbia-based Scott Security Systems, a company with a 30-year history in the region.

Avigilon to buy VideoIQ for $32 million on New Year’s Eve

Fernandes: Purchase brings opportunity to increase sales of VideoIQ and Avigilon

VANCOUVER, Canada—HD surveillance provider Avigilon announced Dec. 31 that it will pay $32 million to acquire VideoIQ, a Billerica, Mass.-based video analytics company.

Convergint acquires FSC

Purchase adds girth in Eastern Canada, new focus on managed services

SCHAUMBURG, Ill.—In addition to beefing up its presence in Eastern Canada, Convergint Technologies’ Dec. 2 acquisition of Future Security Controls (FSC) brings new managed services capabilities, a specialized monitoring center and new federal government clients.