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Commercial and Systems Integrators

Former Security Networks CEO Rich Perry mulls next move

Perry looks to 'find the right situation, grow another business'
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08/21/2013

WEST PALM BEACH, Fla.—With the Aug. 16 close of the Monitronics-Security Networks deal behind him, former Security Networks CEO Rich Perry is taking some time off, but he’s spending some of that time thinking about his next venture in the security industry.

Vector Security acquires IRG, managed network services company

CEO Petrow says deal is just the beginning of Vector's move into managed infrastructure and business intelligence space
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08/19/2013

PITTSBURG—National integrator Vector Security will be able to offer managed network services to its customers and will have access to the "Who’s Who of retail customers”—including American Eagle, Estée Lauder and Coach—as the result of its acquisition of Industry Retail Group (IRG), a managed network services company based in Bethesda, Md.

Integrator enlists high school students in school security initiative

Integrator and school district partner to make security affordable and reliable
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08/14/2013

WALKERTON, Ind.—Vermillion Systems is working on an initiative to make security upgrades more affordable for school districts by involving students in the installation.

Hackett Security acquires Avery Security

Integrator actively seeking acquisitions in certain strategically diverse locations
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08/07/2013

ST. LOUIS—Hackett Security’s acquisition of Avery Security will bring a number of retail customers likely to be interested in Hackett’s video monitoring and other services, according to Michael Hackett, CEO and president of Hackett Security.

Post Boston, regional events increase security

Maine police chief will use video to assess manpower for next year’s Beach to Beacon road race
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08/06/2013

CAPE ELIZABETH, Maine—Even regional running events have increased their security efforts after last April’s Boston Marathon bombing.

World Wide Security acquires CCTV Security

Deal brings blue chip clients, potential to reach $10m revenue in 18 months
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07/31/2013

GARDEN CITY, N.Y.—World Wide Security, a full service security company based here, announced July 30 that it has acquired CCTV Security, a systems integrator based in Long Island City, N.Y.

CapitalSource to merge with PacWest Bancorp in $2.3b deal

Schmidt: Security group will be impacted ‘in a positive way’
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07/24/2013

CENTURY CITY, Calif.—CapitalSource will still be a source of lending for the security industry after it merges with PacWest Bancorp in a $2.3 billion deal early next year. In fact, CapitalSource’s managing director Will Schmidt says he expects the security team to grow in the next few months.

DTT opening new office, plans to hire 500

Video surveillance provider to break into convenience store and small-box retail market
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07/24/2013

LOS ANGELES—DTT Surveillance, a manufacturer and integrator of video surveillance solutions, is opening a new corporate office in Las Vegas, plans to hire 500 new employees and is breaking into two new vertical markets.

Capital Fire & Security invests in mesh

Madison integrator building out network
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07/16/2013

MADISON, Wis.—Capital Fire & Security, an integrator based here, has built out a new mesh network in this market and it’s expecting the adoption to accelerate as it launches a campaign to let current and new customers know about this new offering.

Open standards lag, but access control to grow to $2.3 billion in 2013

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07/10/2013

AUSTIN, Texas—The drive for open standards in the access control market continues to trail a similar push in video surveillance, potentially limiting growth, but global access-control revenues are still expected to rise from $2.1 billion in 2011 to $2.3 billion by the end of 2013, according to a new report by IMS Research.

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Poll

SSN News Poll June 2014

ADT is going after the small business market, launching targeted offerings for specific verticals: retail, food and beverage, clinical, professional offices and mechanical. The company says there's lot of untapped opportunity because only 50 percent of small businesses have monitored security. What are your thoughts on that market?

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