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Kumar Sokka

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‘We’re that bridge for our customers,’ Acre Security CEO Kumar Sokka says

July 14, 2025Cory Harris, Editor

PLANO, Texas—Newly appointed Acre Security CEO Kumar Sokka says his company is entering a transformative chapter that will lead to a better partner and customer experience through a unified platform and customer-first approach.   Sokka’s plans including taking the company's core platforms of access control, intrusion, and identity and visitor management and creating one unified platform, or what he terms “one UI/UX (User Interface/User Experience).”  “For...

acre security, Comnet, Kumar Sokka, Rockwell Automation


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Bjorn Lidevelt

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HID signs agreement to acquire Calmell Group

July 10, 2025SSN Staff

AUSTIN, Texas—Identity solutions provider HID announced it has signed an agreement to acquire Calmell Group, a Spanish manufacturer of smart cards, smart paper tickets, and magnetic tickets, primarily for the public transportation vertical.  The addition of Calmell Group expands HID’s smart ticketing portfolio to include smart paper and magnetic tickets, as well as provides HID a stronger geographic foothold in the public transportation space, particularly in Spain, the European...

Björn Lidefelt, Calmell Group, Carles Marti Santiago, Cesare Paciello, HID, Marc Bielmann


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Peter Loeffler

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Sale of KEENFINITY Group, formerly Bosch’s security/comm tech business, completed

July 1, 2025SSN Staff

MUNICH—New owner, new company name. The sale of Bosch Group’s security and communications technology product business to European investment firm Triton has been successfully completed. With all necessary clearances secured, KEENFINITY Group will operate as an independent company within the Triton portfolio, effective July 1, 2025. “We are excited about our future as a standalone company and convinced that the partnership with Triton brings us the opportunity to realize our...

Bosch Group, Dynacord, Electro-Voice, Keenfinity Group, Peter Loeffler, RTS, Sachin Jivanji, Telex, Triton


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Till Reuter

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dormakaba acquires TANlock, expanding data center, critical infrastructure offerings

July 1, 2025SSN Staff

RUMLANG, Switzerland—dormakaba has acquired TANlock GmbH, a German provider of high-security access solutions for data centers and other critical infrastructure. This acquisition strengthens dormakaba’s position in the data center markets by enhancing its offerings and driving further growth, the company said in its announcement. Founded in 2018 and based in Georgensgmünd, Germany, TANlock GmbH specializes in innovative high-security access solutions. With a dedicated team...

dormakaba, Georgensgmünd, Germany, TANlock GmbH, Till Reuter


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Kumar Sokka

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Acre Security confirms Kumar Sokka as CEO to lead next phase of growth

June 16, 2025SSN Staff

PLANO, Texas—Acre Security, a global provider of integrated security technology, announced that Kumar Sokka has officially assumed the role of chief executive officer. This transition marks the next step in a planned leadership evolution, reflecting Acre’s continued focus on long-term growth, innovation, and customer success, the company noted in its announcement. Since joining Acre in 2024, Sokka has overseen two of the company’s core business units - Comnet and Intrusion...

acre security, Comnet, Intrusion, John Skowronski, Kumar Sokka


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John H. Stone

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Allegion to acquire access control manufacturer ELATEC in $382 million deal

June 12, 2025SSN Staff

DUBLIN—Allegion, a global security products and solutions provider, through one of its subsidiaries, has signed a definitive agreement to acquire ELATEC, including Elatec GmbH and other group entities, from Summit Partners for €330 million ($382 million) on a cash-free, debt-free basis. Allegion expects to fund the acquisition through a combination of cash on hand and borrowings under its existing revolving credit facility. ELATEC is a manufacturer of security and access technology,...

Allegion, ELATEC, Gerhard Burits, John H. Stone, Summit Partners, Tim Eckersley


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Tara Dunning

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Megatrends outline opportunities, challenges for businesses and practitioners, says Dunning

June 11, 2025Cory Harris, Editor

YARMOUTH, Maine—Tara Dunning, vice president of global security and infrastructure strategy and sales for Wesco, notes that with the swift technological change in the security industry, integrators are faced with delivering networked solutions that fulfill end user needs and confront cybersecurity risks like never before.   Dunning is an advisor for the annual Security Industry Association’s Security Megatrends report that offers analysis on the 10 top trends affecting security...

Security Industry Association (SIA), Security Megatrends, Tara Dunning, WESCO


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Warren Clark

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Integrator support ‘key’ to meeting end user needs, says Liberty’s Warren Clark

June 4, 2025Cory Harris, Editor

COLORADO SPRINGS, Colo.—As the demand for integrated security and A/V systems grows, integrators play a critical role in delivering tailored solutions that meet end user requirements, says Warren Clark, vice president and general manager at Liberty, which recently expanded its product line.  Closer collaboration between integrators, manufacturers and end users  Clark noted a significant shift in the industry over the past decade, with integrators, manufacturers and end users...

Liberty, Warren Clark


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Siemens Q2 grows driven by infrastructure needs, cautious on tariffs

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Siemens Q2 growth driven by infrastructure needs, cautious on tariffs

June 1, 2025SSN Staff

MUNICH, Germany — Siemens growth in the quarter shows resiliency against tariffs and other challenges according to President and CEO Christian Bruch during the company’s Q2 2025 earnings call. “In our last quarterly call, I explained the resilient nature of our business model, and this provides us with confidence that we are well equipped to deal with tariffs as they arise and continue to focus on profitable growth,” Bruch told investors. The CEO also noted that the...

2025, Christian Bruch, Earnings Call, Siemens, Siemens Smart Infrastructure, tariff


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Richard Soloway

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NAPCO overcomes ‘external challenges,’ posts strong RSR numbers  

May 28, 2025Cory Harris, Editor

AMITYVILLE, N.Y.—Even with U.S.-imposed tariffs leading to increased equipment prices in Q3, NAPCO Security Technologies Chairman and CEO Richard Soloway assured investors during a recent conference call that his company is well-positioned to withstand turbulence thanks in part to growing recurring service revenue.    RSR increased by 10.6% to $21.6 million in Q3, representing 49% of total company revenues with a 91% gross margin.  “While fiscal Q3 brought external...

ISC West, Kevin Buchel, MVP Access, MVP EZ, NAPCO Security Technologies, Richard Soloway, StarLink


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