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Visonic acquires Elpas through

SSN Staff  - 
05/01/2003

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.

Briefs

SSN Staff  - 
05/01/2003

Chamberlain Group buys gate company

ELMHURST, Ill. - Door and gate company The Chamberlain Group has acquired Automatic Gate Supply, a more than 30-year old company that offers access control systems and gate hardware and operators.

ID Systems appeals court reversal of antitrust verdict

SSN Staff  - 
05/01/2003

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.

Brivo inks large deal with ADT

 - 
05/01/2003

ARLINGTON, Va. - A year after hitting the market with its network-based access control system, Brivo Systems has inked its largest deal to date by signing an agreement with ADT Security Services.

Groups call for Tyco to reincorporate in the U.S.

Company officials say they’ll consider it, but ask its shareholders not to support it
 - 
04/01/2003

PEMBROKE, Bermuda - Several large shareholders of Tyco have banded together, calling for the conglomerate to incorporate in the United States instead of maintaining its base in Bermuda.

The call for Tyco to reincorporate under U.

Pixim signs technology deals with camera manufacturers

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04/01/2003

MOUNTAIN VIEW, Calif. - Three years after first developing technology that provides better picture images for the camera market, Pixim has announced that five camera manufacturers plan to incorporate its D2000 Video Imaging System in their next generation of security cameras.

Group 4 Securitas adopts Amag name

 - 
04/01/2003

TORRANCE, Calif. - Nearly a decade after adopting its parent company’s name, Group 4 Securitas Technology Corp.

Axcess gets funding, workers back on payroll

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04/01/2003

CARROLLTON, Texas - Three months after placing its workers on furlough, asset tracking and digital video products manufacturer Axcess Inc. secured an undisclosed round of funding to resume operations.

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