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Magal S3 acquires global software company Aimetis Corp.

Move diversifies and expands its product portfolio
 - 
04/12/2016

YEHUD, Israel—Magal Security Systems, Ltd., located here, announced that Senstar, its fully owned subsidiary based in Canada, acquired Aimetis for an enterprise value of approximately $14 million.

UL launches Cybersecurity Assurance Program

New standard provides objective approval on products’ cybersecurity
 - 
04/05/2016

NORTHBROOK, Ill.—UL today announced its new Cybersecurity Assurance Program, a standard by which companies can have their products tested and verified by UL for guard against well-known cyber risks.

Numera releases combination life safety-PERS hub

Tim Smokoff: Users’ activity levels are passive and active
 - 
04/04/2016

CARLSBAD, Calif.—Nortek Security and Control on March 31 announced its new Numera Home Safety Hub, an expanded way to monitor the activity levels of PERS users.

Honeywell focused on connected home/building

Paja: Expect more acquisitions to enhance connected offerings
 - 
04/04/2016

LAS VEGAS—A newly reorganized Honeywell Security and Fire intends to do more acquisitions in its quest to provide “the best connected solutions,” David Paja, Honeywell Security and Fire president, told Security Systems News.

Qolsys to debut IQ Panel 2 at ISC West

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03/30/2016

SAN JOSE, Calif.—Qolsys introduced itself and its “all in one” IQ Panel to the security industry at ISC West 2013. This year, Qolsys plans to introduce its new IQ Panel 2, a slim, white, 7-inch high-res capacitive touch screen with edge-to-edge glass.

Konica Minolta to buy Mobotix

Newest player in security plans to collaborate with Mobotix on next gen security solutions
 - 
03/30/2016

TOKYO—Meet the newest outsider to enter the security industry: Konica Minolta, a $9 billion provider of office equipment and optical systems, has signed an agreement to acquire video surveillance provider Mobotix.

Goodbye Samsung Techwin, hello Hanwha Techwin

Video surveillance provider to adopt owner’s name April 1, products still branded Samsung for now
 - 
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

 - 
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’
 - 
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.

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Poll

SSN News Poll August 2016

The final sunset date for 2G—Dec. 31, 2016—is fast approaching. Speakers at last year’s Honeywell CONNECT conference said that dealers needed to get started. John Loud said in early 2016 that avoiding the hassle of 2G conversions would result in more companies looking to sell. Where is your company in the sunset?

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