BOCA RATON, Fla.—Tyco International, parent company of ADT, is in talks to acquire security product manufacturer Visonic, which is based in Tel Aviv, Israel.
“I can confirm that we’re in discussion with Visonic and that may or may not lead to definitive transaction,” Tyco spokesman Paul FitzHenry told Security Systems News on June 21.
PALO ALTO, Calif.—It’s official: Comcast is selling home security and home automation services powered by iControl software in seven of its 18 markets across the country. The announcement was made by iControl, which is based here, on June 9.
CHARLOTTE, N.C.—The Central Station Alarm Association held its general membership meeting on June 7 at the ESX show, and the message to attendees was that while the economy is tough, the monitoring industry's association is doing okay and is pushing for action in the form of a nationwide initiative to radically revamp public safety communications.
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?
PARIS—Schneider Electric, based here, is working with bankers to assess a bid for Tyco International, according to an April 11 Bloomberg report, which cited “three people with knowledge of the matter.”
WASHINGTON—Following the New York state licensing debate over Article 6-E, the Alarm Industry Communications Committee—the membership committee that handles the security industry’s lobbying in Congress and with the FCC—has formed a subcommittee to execute the push for a national license for central stations. The committee, which had its first meeting on March 3, has important work to do, according to industry leaders.
ARLINGTON HEIGHTS, Ill.—The Illinois Electronic Security Association is leading a fight against a new state bill that would give public fire districts sole control over fire alarm monitoring, and says its efforts have received strong support not only from the industry but other business groups.
ALBANY, N.Y.—It looks as though Article 6-E has reached the end of its journey—for now.
In a Feb. 15 email interview with Security Systems News, NYBFAA executive director Dale Eller said the New York state association’s board of directors had a lot to think about after the Feb. 10 meeting at which two dozen security industry executives aired their opinions on the nascent central station licensing legislation. Eller said the board came to a decision late in the day Feb. 15.