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Hikvision opens first Canada office

Montreal facility will eventually service parts of US East Coast

ST. LAURENT, Quebec—Hikvision Canada on Aug. 4 opened its first office here, just outside of Montreal, to service Canadian customers and parts of the United States.

New Viscount CEO Sieracki looks to commercial market

Sieracki touts cybersecurity benefits of ‘panel-less’ architecture

VANCOUVER, British Columbia—Scott Sieracki, newly named CEO of access control provider Viscount, believes the company offers an economical alternative to traditional access control and also addresses current cybersecurity concerns.

IHS ranks Hikvision tops in IP video globally


HANGZHOU, China–Hikvision moved from No. 2 to No. 1 for the percentage of marketshare of IP cameras, according to a new IHS report.

Battery Ventures to buy NICE security unit for $100 million

Shabtai named president of new standalone company, Battery eyes further acquisitions

BOSTON—Battery Ventures, a technology investment firm based here, announced today it will acquire the physical security business unit (PSBU) of NICE Systems for up to $100 million.

Frank De Fina, security industry veteran, dies

Executive at Panasonic, Samsung, SightLogix and Hikvision; accomplished musician; founded college security degree program

PRINCETON, N.J.—Security industry veteran Frank De Fina, 61, who served as a top executive for a number of video surveillance companies including Panasonic, Samsung, SightLogix and most recently Hikvision USA, died July 26 at Allegheny General Hospital in Pittsburgh.

Raymond James goes to Washington

Security investment banking group expands expertise in cybersecurity, intelligence communications and defense electronics

WASHINGTON—Investment banking group Raymond James now has an office here and has added five new bankers to its Security, Defense and Government Services practice.

Leong new CFO of Avigilon


VANCOUVER, British Columbia—Ric Leong has been named CFO of video surveillance provider Avigilon Corporation. He replaces Wan Jung, who will continue to serve on the company’s board of directors.

Nortek Security & Control buys Numera for mPERS

With acquisition, company will be on forefront of ‘aging in place,’ president says

CARLSBAD, Calif.—Nortek Security & Control has purchased Numera Inc. for a reported $12 million. sets price at $14 per share

Stock to begin trading on NASDAQ today

VIENNA, Va.— Holdings Inc. has priced its initial public offering of 7 million shares of common stock at $14 per share. The shares are expected to begin trading on NASDAQ today, June 26, under “ALRM,” according to the company.

Vigilance is up and running

New emergency notification system developer looking to broaden footprint

SOUTH PORTLAND, Maine—Vigilance, a relatively new player in the ENS market based here, already has a Northeast presence with hopes of greatly expanding its footprint.



SSN News Poll November 2015

Security industry executives need to make careful decisions about attending tradeshows and conferences. Time away from the office needs to be worth the time and money. How do you decide which events to attend?

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