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Avigilon wants to grow to $500m in revenue by 2016

CEO Fernandes says higher profile aids growth initiatives
 - 
11/14/2012

VANCOUVER—One year after its November 2011 IPO, high-definition surveillance solution provider Avigilon is enjoying a high profile, which CEO Alexander Fernandes said is aiding the company’s growth initiatives going into 2013.

Observint gets into access control with infinias buy

Farley: By Q1, Observint will have broader range of distribution partners
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11/14/2012

AUSTIN, Texas—Three months after helping LG Electronics relaunch its security products in the United States, Observint Technologies on Nov. 7 announced that it has acquired access control provider infinias.

FLIR buys Lorex for $59 million

FLIR to deploy 'a lot more cameras,' predicts thermal technology will be common in cameras sold through the channel and in ‘big box’ stores
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10/31/2012

WILSONVILLE, Ore.—With a plan to make thermal technology ubiquitous in enterprise and consumer-grade cameras, FLIR Systems on Oct. 25 agreed to pay $59 million to acquire Lorex Technology, a Toronto-based video surveillance provider.

Prism Skylabs raises $7.5 million

Startup’s product will be available for download in November
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10/19/2012

SAN FRANCISCO—Prism Skylabs, a startup company that "leverages data from existing video surveillance cameras to unlock information on customer patterns, trends and behaviors," on Oct. 16 announced it had raised another $7.5 million in funding.

Management changes at Avigilon

COO Andrew Martz to step down
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10/17/2012

VANCOUVER—Avigilon, a rapidly growing provider of high-definition surveillance products, announced this week that COO Andrew Martz will resign at the end of the year. The COO position will be divided into two new roles: EVP of product development and EVP of global operations.

ECKey closes funding round

Investors include industry vet Robert Chefitz
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10/17/2012

LANCASTER, Pa.—ECKey, a startup manufacturer of smartphone access-control readers and systems, has closed its first funding round, Paul Bodell, ECKey president, told Security Systems News.

Exacq expanding headquarters

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10/03/2012

FISHERS, Ind.—Exacq Technologies is expanding its offices for the third time since moving into its headquarters here in 2009.

Avigilon’s newest VMS can ‘listen and see’

Fifth release of Avigilon Control Center ‘unites best of IT, Web design and video game industries’
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09/28/2012

PHILADELPHIA—Megapixel video provider Avigilon at the ASIS show announced the details of the newest version of its VMS, the ACC 5.0, and demonstrated its ability to respond to voice commands and body movements.

Panasonic post reorg

Dealers to gather in Arizona
 - 
09/25/2012

PHILADELPHIA—Panasonic dealers from security and other business units will gather in Chandler, Ariz., on Oct. 15, the first meeting since Panasonic last spring announced its latest reorganization into what is now called PSCNA, Panasonic System Communications Company of North America.

HID Global completes NFC-enabled smartphone pilot at two enterprise businesses

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09/25/2012

IRVINE, Calif.—HID Global on Sept. 25 announced the completion of two pilot programs validating how Near Field Communication (NFC)-enabled smartphones allow employees to open doors with a mobile device.

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Poll

SSN News Poll November 2014

The Custom Electronic Design & Installation Association's CEDIA Expo is a home technology trade show with products and training related to audio, video, control, security and networking—and it's growing. CEDIA says the 2014 event, held Sept. 10-13 in Denver, had more than 18,500 attendees, an increase of 3 percent, and floor space increased 14 percent for the 480 exhibitors. But is this show growing in importance for the security industry? Tell us what you think.

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