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Goodbye Samsung Techwin, hello Hanwha Techwin

Video surveillance provider to adopt owner’s name April 1, products still branded Samsung for now
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03/09/2016

RIDGEFIELD PARK, N.J.—The Samsung name will stay on its products for now, but as of April 1, video surveillance provider Samsung Techwin America is changing its name to Hanwha Techwin America.

Tyco opens new global headquarters in Ireland

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03/07/2016

CORK, Ireland—More than 400 guests attended a grand opening at Tyco International’s new global headquarters here, the company announced March 7.

CCL to buy Checkpoint in $443m deal

Kessler: Combination will make Checkpoint ‘a better competitor to Tyco’
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03/02/2016

THOROFARE, N.J.—In a transaction valued at $443 million, Checkpoint Systems, a supplier of retail security and asset management solutions, today announced that it has agreed to be acquired by CCL Industries, a specialty packaging solutions company, for $10.15 per share in cash.

Honeywell drops UTC bid, buys Videofied for $123 million

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03/01/2016

MELVILLE, N.Y.—In two separate announcements Honeywell today said it is no longer pursuing a merger with UTC, and it also said it has purchased video verification provider Videofied (RSI Video Technologies) for $123 million.

Milestone's Palmquist on community vs. company

Palmquist: 'Community trumps end-to-end all day long'
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02/24/2016

SCOTTSDALE, Ariz.—There was a lot of talk during the first day of MIPS (Milestone Integration Platform Symposium) about Milestone transforming itself from the “open platform company to the open platform community.”

UniKey unlocking commercial potential

SMB already using company’s residential product
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02/24/2016

WINTER PARK, Fla.—UniKey, a company focused on keyless entry, is planning to roll out a commercial offering this year, Phil Dumas, UniKey president, told Security Systems News.

Avigilon goes to The Hub

Avigilon's Analytics and Data Science Center of Excellence looks to recruit top R&D talent
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02/12/2016

SOMERVILLE, Mass.—Avigilon, a video surveillance, access control and security solution provider based in Vancouver, today is opening a new office here, just outside of Boston.

Pivot3 to Acquire NexGen Storage

Milne: Storage solutions address needs of video surveillance
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02/10/2016

AUSTIN, Texas—Hyper-converged infrastructure (HCI) provider Pivot3 on Jan. 27 announced it will acquire NexGen Storage, a provider of hybrid storage appliances, dynamic all-flash arrays and Quality of Service (QoS) capabilities.

Genetec to release cyber hardening guide

Racz: Genetec sees need to ‘raise the bar’ for integrators on cybersecurity
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02/08/2016

MONTREAL—In its latest cybersecurity initiative, Genetec, a provider of unified IP security solutions based here, is releasing a cybersecurity hardening guide for its integrator partners at the end of February.

Honeywell buys smoke detection business

Deal will incorporate Xtralis into Honeywell’s Security and Fire division
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02/05/2016

MELVILLE, N.Y.—Honeywell announced on Feb. 4 it will acquire Xtralis, a smoke detection, security and video analytics company, for $480 million.

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Poll

SSN News Poll June 2018

Each year security companies must look ahead at the schedule of industry shows. However, that landscape can change, leading a company to attend a brand new show or one they have attended previously. How does your company decide on travel to industry events?