NORTH CANTON, Ohio—Securitas has agreed to buy Diebold’s North America-based electronic security division for $350 million. The divestiture by Diebold is aimed to better position it to pursue growth in the self-service industry, it said.
ANAHEIM, Calif.—Now in its “post acquisition chapter,” Stanley Security is making progress on its vertical market strategy and other internal performance and hiring initiatives, according to Stanley Security president Jim Cannon.
AURORA, Colo.—Systems integrator TycoIS has opened a new National Center of Excellence here as part of a larger plan to build a "global center of excellence network," Daryl Haga, director of Tyco's Global Center of Excellence, told Security Systems News. TycoIS will open two more centers by the end of the year and two more in 2016.
SPRINGFIELD, Va.—Johnson Controls (JCI), which has shed a number of businesses in recent months, on Sept. 4 signed an agreement to sell its specialized federal security integration business, called Johnson Controls Security Systems (JCSS), to Versar, a government-services business located here, for $20 million.
CHICAGO—Full service security giant Protection 1, which was recently acquired by private equity firm Apollo Global, today announced that Jamie Haenggi has been promoted to the newly created role of chief revenue officer.
KENNESAW, Ga.—LOUD Security is three months into its trademarked Life Safety Facility Manager program, adding service revenue and new “stickiness” to its commercial customer base, company owner and president John Loud told Security Systems News.