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Allegion Acquires Dorcas

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Allegion acquires Dorcas

March 4, 2024SSN Staff

DUBLIN – Allegion has announced its acquisition, through one of its wholly owned subsidiaries, of Dorcas (Montajes electronicos Dorcas S.L.). A leading manufacturer of electro-mechanical access control solutions, Dorcas is a privately held company based in Siete Aguas (Valencia region), Spain, where it specializes in the production of electric strikes, electro-mechanical and electro-magnetic locks, as well as complementary access control solutions and door control products. Dorcas solutions...

Access Control, Allegion, Dorcas, Mergers & Acquisitions, Pablo Ibáñez, Tim Eckersley


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acre security research reveals key trends in adoption of visitor management solutions

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acre security research reveals key trends in adoption of visitor management solutions

February 26, 2024SSN Staff

PLANO, Texas – Security systems provider acre security recently unveiled a comprehensive report on the latest trends in visitor management systems. According to acre, the research was conducted in collaboration with Censuswide and highlights significant insights into the adoption of visitor management solutions in mission-critical industries, such as financial services and pharmaceuticals. “Valued at $1.43 billion in 2023, the global visitor management system market is anticipated...

acre, Censuswide, Cloud-Based, Don Joos, visitor management


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Allegion Q4 report shows a return to trends

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Allegion Q4 report shows a return to trends

February 23, 2024SSN Staff

DUBLIN – Allegion, a global security products and solutions provider, have reported on the financial results for its fourth quarter (Q4) (ended Dec. 31, 2023). The company reported fourth-quarter 2023 net revenues of $897.4 million and net earnings of $118.6 million, or $1.34 per share. Adjusted net earnings were $148.5 million, or $1.68 per share, down 0.6%, excluding charges related to restructuring, acquisition and integration costs and other non-cash impairment charges, as well as amortization...

2023, 2024, Allegion, Fourth Quarter (Q4), John H. Stone, Mike Wagnes


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Securitas training 10,000 data center professionals

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Securitas training 10,000 data center professionals

February 21, 2024SSN Staff

STOCKHOLM – Securitas has revealed that it aims to certify 10,000 officers as data center security and safety professionals following the establishment of the Global Clients Data Center Group in 2023. Securitas said it’s now taking an important next step by strengthening the skills of its security officers by introducing a certification for managing data centers’ diverse security challenges with efficiency and expertise. Calling data centers the unseen backbone that enables everything...

Access Control, Bert den Hartog, Data Center, Magnus Ahlqvist, Milton Plet, Securitas, Security Officers


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Salto Systems evolves to become SALTO WECOSYSTEM

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Salto Systems evolves to become SALTO WECOSYSTEM

February 13, 2024SSN Staff

OIARTZUN, Spain –Salto Systems, a global supplier of keyless electronic access control, has announced its transformation into SALTO WECOSYSTEM. The group unveiled its new identity which it said symbolizes a comprehensive evolution, embracing a holistic approach, and reflecting the company’s commitment to innovation and the integration of brands, companies and cutting-edge technologies. Under the SALTO WECOSYSTEM brand umbrella, three independent core brands have been established...

Access Control, Javier Roquero, Marc Gómez, Marc Handels, SALTO Systems, SALTO WECOSYSTEM, supplier


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JLM Wholesale joins Lockmasters

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JLM Wholesale joins Lockmasters

February 1, 2024SSN Staff

OXFORD, Mich. – JLM Wholesale, a provider of security door hardware, has announced that it is joining with Lockmasters Inc. In a letter dated Feb. 1, 2024, JLM Wholesale President Jim Lee addressed partners about the change. “Thank you for trusting JLM Wholesale as your source for door hardware. We appreciate and value your business as we continue to provide you and your customers the highest quality products and services. Your continued loyalty has allowed us to grow and...

Allied Locksmith Supply, Jim Lee, JLM Wholesale, Lockmasters, security door


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Steve Jones

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Allied Universal to acquire J E Security Systems & Services

January 22, 2024SSN Staff

IRVINE, Calif.—Security and facility services provider Allied Universal has announced the proposed acquisition of the assets of J E Security Systems & Services Inc., a comprehensive guarding and technology provider based in St. Thomas, Barbados. The proposed acquisition is through Allied Universal’s subsidiary, G4S Secure Solutions (Barbados) Limited and is expected to close during the first quarter of 2024. "This proposed acquisition marks a significant milestone...

Allied Universal, G4S, J E Security Systems & Services, James Devers, Jeff Evelyn, Steve Jones


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Genetec opens new experience center in Dubai

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Genetec opens new experience center in Dubai

January 19, 2024SSN Staff

DUBAI – Genetec recently announced the opening of a state-of-the-art experience center in the United Arab Emirates (UAE) and the relocation of its Dubai office to accommodate continuous growth in the region. Named DBXC, the new experience center and office is strategically located at One Central in the Dubai World Trade Centre and features innovative solutions from Genetec and its ecosystem of technology partners. Genetec said that the new facility will serve as a hub for its partners and...

Firas Jadalla, Genetec, Security Operation Center (SOC)


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CBORD & Allegion collaborates with Baylor University on NFC mobile credentials

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CBORD, Allegion collaborate with Baylor University on NFC mobile credentials

January 11, 2024SSN Staff

WACO, Texas – Baylor University has announced the launch of NFC wallet-based mobile credentials on its campus in collaboration with CBORD and Allegion. CBORD said that this move positions Baylor as a trailblazer among Big 12 universities and exemplifies the institution's dedication to enhancing the campus experience for students, faculty and staff. “This alliance with Baylor University signifies our commitment to technological advancement,” said Dan Park, president...

Allegion, Baylor University, CBORD, Dan Park, Jeff Koziol, Mobile Credentials, NFC


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Boon Edam announces new executive team

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Boon Edam announces new executive team

January 9, 2024SSN Staff

RALEIGH, N.C. – Following the merger of its commercial and manufacturing teams, Boon Edam Inc. has announced its new executive team for the Americas. The company described the changes as enhancements that reflect Boon Edam’s growth in the changing market climate, as well as the company’s commitment to nurturing talent and fostering innovation in its working environment. “Security entrances have rapidly become a new security imperative across virtually every vertical,”...

Boon Edam, commercial, manufacturing, Mergers & Acquisitions, Patrick Nora, security entrance


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