NEWTON, Conn. - GE Industrial Systems finalized its acquisition of fiber optic technology company International Fiber Systems in late April, a deal expected to expand GEÃ¢â‚¬â„¢s expertise in the transmission of video, data and signals over fiber optics.
SKOKIE, Ill. - Eighteen months of work has led product distributor Anixter to create what is considered the first system of its kind that enables systems integrators to take a plug-and-play and open platform approach when installing CCTV systems.
CARROLLTON, Texas - Asset tracking and digital video products manufacturer Axcess Inc. has been awarded a patent that improves security systems through the wireless and automatic identification of people and monitoring of assets.
a stock swap
TEL AVIV, Israel - Wireless security and home automation product manufacturer Visonic Technologies has acquired automated asset management solutions provider Elpas in a share swap that will enable the two companies to develop a single comprehensive platform for its combined customer base.
To target both the large institution and home/small office markets, the company will combine facility protection, access control, asset management, personal security, infant abduction and mismatch prevention in a single platform to provide access control and asset protection, company officials said in a release.
TORONTO - ID Systems has recently filed court documents to appeal a post-trial ruling that vacates an earlier antitrust verdict and reversed the majority of $80 million in damages to be paid to ID Systems by Checkpoint Systems.
The appeal was filed in the Third Circuit Court of Appeals after a post-trial at the end of March in the U.