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Nemerofsky named CEO of Xentry Systems Integration

Acquisitions are in the pipeline

COLUMBUS, Ohio—Xentry Systems Integration, which was formed in January, today announced the appointment of John Nemerofsky as president and CEO.

Leadership change at Stanley CSS

Byerly to departs; Marty Schnurr named new president

NAPERVILLE, Ill.—Tony Byerly, president of Stanley CSS North America and United Kingdom, is leaving the company, according to an internal announcement this week, Security Systems News has learned. Byerly will be replaced by Martin Schnurr, who is currently president of Stanley Hydraulic Tools.

ASIS 2011: News and notes from the show floor


ORLANDO, Fla.—There was plenty of news being made at ASIS 2011, which took place at the Orange County Convention Center Sept. 19-21. Below are some editor round-ups from ventured out onto the show floor to collect news and other goings-on.

Stanley to close Niscayah deal tomorrow

Byerly: ‘Expect to see visible steps soon.’

STOCKHOLM—Stanley Black & Decker executives are here today preparing for the Sept. 9 closing of its $1.2 billion cash offer purchase of Niscayah.

Stanley to buy resi company for $61m

Purchase expected to close in September

EDMONTON, Alberta—In a deal that will give Stanley CSS a major residential security footprint in Canada, Stanley Canada Corporation, a subsidiary of Stanley Black & Decker, Inc. has entered into an agreement to acquire Microtec Security Systems, headquartered here, for $61.6 million ($59.7 million Canadian).
The deal includes close to 80,000 accounts, two UL-Canada listed central stations, five offices, 200 employees and many dealers, said Fred Fong, CEO and president of First National AlarmCap Income Fund, owner of Microtec.

Advanced Technology Video appoints Bob DeProspero director of sales

SSN Staff  - 

COPPELL, Texas—Advanced Technology Video, a provider of video security surveillance solutions, on July 13 announced the appointment of Bob DeProspero as director of sales.

Securitas extends time frame for offer

Says extended offer not related to Stanley’s rival offer

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.

Kessler on the Stanley/Niscayah numbers


NEW YORK—Stanley Black & Decker definitely upped the ante with its bid, announced this week, for Niscayah. It’s a bid that’s been called generous by some, but is Stanley offering a premium price?

Stanley makes $1.2 billion cash bid for Niscayah

Securitas/Niscayah reunion not looking so imminent

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.