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Holly Tsourides named CEO of Matrix

Selective dealer program, investment in R&D planned

MIAMISBURG, Ohio—Holly Tsourides, who was named CEO of access control provider Matrix Systems on May 6, told Security Systems News that Matrix is one of the security industry’s “best-kept secrets.”

Matrix Systems appoints Tsourides as CEO


MIAMISBURG, Ohio—Matrix Systems, an access control and security systems provider based here, has named Holly Tsourides its new CEO, according to a company statement.

Kastle Systems acquires CheckVideo

CheckVideo, a cloud-based intelligent video surveillance provider, will be wholly owned by Kastle, but operate independently

FALLS CHURCH, Va.—Kastle Systems International, an integrator and full-service security company that specializes in managed services, announced that it has acquired CheckVideo, a provider of cloud-based intelligent video surveillance.

Undergrads develop apps for Axis

Company announces partnership with Wentworth Institute of Technology at ISC West

LAS VEGAS—For camera customization, network camera giant Axis Communications is tapping the talent and imagination of undergraduate engineering students at the Wentworth Institute of Technology in Boston.

IPVideo Corp. gets $12m investment

Capital will be used to hire 30, build video ‘fusion center’

BAY SHORE, N.Y.—IPVideo Corp., a VMS and PSIM provider that is launching a new video surveillance “fusion center,” has received a $12 million investment from Westbury Partners, the company announced April 12.

Milestone reorganized into three divisions

New Silicon Valley office opened

LAS VEGAS—Open-platform VMS provider Milestone Systems has reorganized into three business units. Milestone executives announced details of the company's new structure, which was instituted last summer, here recently at the annual Milestone Integration Platform Symposium.

HID’s Hébert evaluates ‘move to mobile’

Annual HID Global Strategy Briefing at ISC West focuses on potential and pitfalls of mobile access

LAS VEGAS—A talkative crowd had gathered and a long line formed outside of a Venetian ballroom well before the doors opened for Denis Hébert’s annual HID Global Strategy Briefing and luncheon on April 11.

Minuteman refines final documentation process

Integrator issues iPads instead of costly manuals

ANDOVER, Mass.—Minuteman Security Technologies has updated the way it deals with the final documentation required in the specifications for bid jobs, going digital with a process that has been time-consuming, costly and involves a lot of paper.

Qolsys, new home security/automation manufacturer, launches in Vegas

‘All in one’ IQ Panel, made by Foxconn, works on and Android

LAS VEGAS—The home security and home automation space has a new player: Qolsys. Based in Silicon Valley, the company introduced its first product, the 7-inch touch-screen IQ Panel, at ISC West today.

Axis looks to banking and government as growth verticals

Network camera provider says customers like its 'IT DNA'

CHELMSFORD, Mass.—Citing the opportunities in the financial and  government sectors, network camera provider Axis Communications is beefing up its business development team and has created new positions to oversee those sectors.



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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