MONTREAL—Genetec, a company that develops open-architecture software, hardware and cloud-based services for the physical security and public safety industry, hosted its fourth annual press summit at its headquarters here in January, providing a glimpse into the company’s
AUSTIN, Texas—Pivot3, a leader in hyperconverged infrastructure (HCI) solutions for the modern data center, experienced record growth throughout 2016, with total revenue increasing by 84 percent over the prior year—including a more than 200-percent increase in Q4 2016 from Q4 2015—and significant deals secured across federal, healthcare and education customers.
TEANECK, N.J.—Hanwha Techwin unveiled its latest chipset, Wisenet 5, on Jan. 20, announcing that the company is also moving forward with a branding initiative that will put the Wisenet logo, instead of Samsung’s, on all its cameras and products moving forward.
TYSONS, Va.—Alarm.com announced at CES in January that it will develop drone applications for smart home and business security that work in tandem with the Qualcomm Snapdragon Flight Drone Platform, and with the company’s newly developed Insights Engine, a multi-sensor learning capability that recognizes and proactively responds to unexpected activity around a property.
CARLSBAD, Calif.—Nortek Security & Control unveiled its new 2GIG Vario Hybrid Security System at CES 2017 in January. The complete Vario system consists of a security control panel with on-board hardwire inputs and outputs, which can add wireless capabilities to take advantage of 2GIG’s existing wireless solutions.
NEW BRITAIN, Conn.—Stanley Black & Decker yesterday announced that it has entered into a definitive agreement to sell the majority of its mechanical security businesses, including commercial hardware brands BEST Access, phi Precision and GMT to access and security solution provider dormakaba for $725 million in cash. The deal is subject to customary regulatory approvals.
AUSTIN, Texas—HID Global, a company that specializes in identity solutions, has acquired Bluvision, a Bluetooth Low Energy (BLE) provider in the enterprise Internet of Things (IoT) market. The deal closed Dec. 1, and financial terms were not disclosed.
NEW LONDON and DANBURY, Conn.—ACRE LLC, the holding company that owns Vanderbilt Industries, Mercury Security and recently acquired ACT in Ireland, announced this week the acquisition of Communication Networks LLC (ComNet), a manufacturer of video and data transmission equipment based in Danbury, Conn.