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Fortem raises $1.43m

PSIM provider feeling confident in prospects for growth
 - 
12/05/2012

MONTREAL—Saying that its Omnipresence 3D can do “more intelligent data aggregation” than other PSIM products on the market, Fortem recently announced that it has raised $1.43 million in additional funding.

Tri-Ed/Northern buys SGI

Deal brings 13 branch offices in the Southwest, and Tri-Ed will also open an office in Cincinnati
 - 
11/30/2012

WOODBURY, N.Y.—Tri-Ed/Northern today closed a deal to buy San Antonio-based SGI, a wholesale distributor with 13 branches and about 80 employees, Pat Comunale, Tri-Ed/Northern president and CEO, told Security Systems News.

Holly Tsourides: Focus on results, find a mentor and develop relationships

For the fourth consecutive year, Security Systems News is profiling women who are making their mark in the traditionally male-dominated world of security. Tsourides, chief sales and marketing officer for VideoIQ, is one of six women featured.
 - 
11/19/2012

Observint gets into access control with infinias buy

Farley: By Q1, Observint will have broader range of distribution partners
 - 
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.

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.

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
 - 
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
 - 
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
 - 
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
 - 
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

 - 
10/03/2012

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

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Poll

SSN News Poll December 2014

In the wake of the recent expiration of their non-compete agreement, former sister companies ADT and TycoIS are now battling it out for a piece of the lucrative small-business pie. How will this affect the competitive landscape and regional providers? Tell us what you think.

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