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Jason Hart named Identive CEO

Identive to focus product line on cloud and mobile, invests in sales and marketing for push into commercial market

SANTA ANA, Calif.—Jason Hart on Sept. 3 was named director and CEO of Identive Group, a provider of secure identification solutions for building, network and information access. Hart replaces Ayman Ashour, who resigned from his executive role but remains as chairman of the board.

With $5M, FST21 America wants to up U.S. distribution


SOUTHBOROUGH, Mass.—Biometric security company FST21 America has raised $5 million for facial- and voice-recognition surveillance systems, and hopes to use the money to increase distribution in the United States, various news organizations report. 

Smile for entry

Large Manhattan complex uses FST21's facial recognition for access control

NEW YORK—Many of the 4,000 residents of the historic Knickerbocker Village apartments in Manhattan have tossed out their access cards. Soon all of them will, because the only thing they’ll need to enter the 12-building, 1,600-unit complex is their face. No more keys, no more access codes.

Tsourides: Matrix to bring video to customers

New CEO expands direct channel in certain locations, integrator channel elsewhere

MIAMISBURG, Ohio—Ninety days into her tenure as CEO of access control provider Matrix, Holly Tsourides is working to expand the company’s video business and refine its go-to-market strategy.

Calderon talks sensors and pixels

For some, 40 megapixels is just right

LOS ANGELES—Arecont Vision’s 40-megapixel, multisensory, 180-degree panoramic camera, which the company announced at ASIS last year, is now shipping. The new camera doubles the resolution available in the 2011 version. So how many megapixels is enough?

Tyco Exacq deal done

Exacq leadership, brand will stay in place

NEUHAUSEN, Switzerland—In what Tyco Security Products’ director of product management Steve Carney called a “perfect fit,” Tyco announced July 29 that it has completed the acquisition of VMS provider Exacq Technologies for $150 million in cash.

MicroPower gets $5.7m investment

Ultra-low power wireless surveillance provider goes after new vertical markets

SAN DIEGO—Wireless surveillance provider MicroPower Technologies announced today that it has a new $5.7 million round of equity financing, which it will use for R&D and to expand into more vertical markets.

iControl Networks sues, FrontPoint Security

Lawsuit seeks damages, injunction

REDWOOD CITY, Calif.—Home technology provider iControl Networks on July 10 filed a patent infringement lawsuit against competitor and FrontPoint Security, an customer.

HID gets patent aimed at increasing security with hand motions

Hulusi ‘It’s the ultimate three-dimensional mouse'

IRVINE, Calif.—HID believes that waving your hand in a unique pattern will be another way to increase the security of a smart card or smartphone used for access control in the future, and it announced July 9 several new patents for gesture-based methods of authentication.

Tyco to buy Exacq for $150m

Kessler: Deal may help independent integrators and Tyco Integrated Security as well

NEUHAUSEN, Switzerland—Tyco today announced that it will acquire VMS provider Exacq Technologies in a $150 million cash deal.



SSN News Poll January 2016

There's a lot of private equity interest in security. Many top security companies, such as Vivint, Protection 1, CSG Security and Alarm Capital Alliance, are PE-backed. What do you think about private equity's involvement in the security industry?

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