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Smiths Group to pay $710m for Morpho Detection

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04/28/2016

LONDON—Smiths Group, a global technology company based here, announced April 21 it has an agreement to acquire Morpho Detection from Paris-based Safran for $710 million.

S2 Security puts monitor on network

John Moss: Magic Monitor ‘expands presence for security function in an organization’
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04/28/2016

FRAMINGHAM, Mass.—S2 Security, a provider of IP-based access control and video management and mobile security management systems, has put the monitor on the network with its Magic Monitor, a move that S2 CEO John Moss says “fundamentally changes the value proposition of a security management system.

Vidsys gets $11 million

PSIM provider has evolved into a ‘CSIM’ provider, IoT management is key differentiator
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04/27/2016

VIENNA, Va.—Software provider Vidsys on April 26 announced it closed an $11 million funding round, which Vidsys CEO James Chong told Security Systems News will be used for “global expansion and to provide the right level of customer support and engagement [for the Vidsys web-based platform.]”

Video providers compete: debateTECH

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04/19/2016

YARMOUTH, Maine— Representatives from four video surveillance manufacturers will debate whose products, technology and services are best in the inaugural debateTECH, a free webcast hosted by Security Systems News’ group publisher Tim Purpura.

DMP Owners Forum helps dealers leverage trends

New products, services expand DIY, connected home options
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04/13/2016

LAS VEGAS—The DMP Owners Forum, held here April 5 at the Wynn Resort & Casino, brought together the top 50 DMP dealers to network, learn about new DMP products and services, and listen to industry acclaimed speakers. Hosted by DMP executive management, this event takes place the day before the ISC West exhibit opens, providing a daylong educational forum in support of DMP dealers.

Magal S3 acquires global software company Aimetis Corp.

Move diversifies and expands its product portfolio
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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
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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
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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
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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.

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Poll

SSN News Poll October 2016

ESA and SIA have recently come out against the latest overtime ruling, which more than doubles the threshold for earning overtime pay. How will it impact your business?