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.
SAN DIEGO, Calif. - Two men who signed agreements to distribute automatic theft detection products from a company that later became Sensormatic have filed a lawsuit against the company and its parent Tyco International claiming they are no longer receiving royalties that are due to them.
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.
Some companies this year have discussed the benefit of moving from operating their own central stations to partnering with a third party monitoring center, including RFI Communications, Red Hawk Fire & Security and Comtronics. Will more companies switch to using wholesale centrals?