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ProActive building on record year

Company offers long-term data storage solutions using unique compression algorithm
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01/24/2018

FARMINGDALE, N.Y.—ProActive Data Storage and Monitoring was born out of the necessity to solve one of the biggest technology challenges in security today: storing large amounts of data for long periods of time at reasonable rates.

Sigma Designs unveils next gen Z-Wave 700 platform

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01/24/2018

LAS VEGAS—Sigma Designs, a provider of intelligent system-on-chip (SoC) solutions for smart home IoT, unveiled at CES earlier this month its new 700-Series Z-Wave platform, which includes numerous performance and technological enhancements in energy-efficiency and RF performance.

DTT appoints new CEO

Mike Coffey takes the reigns as Sam Naficy moves to chairman of the board
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01/16/2018

LOS ANGELES—A week after securing an $80 million credit facility and completing the first acquisition in its 20 year history, DTT announced the appointment of Mike Coffey as chief executive officer. Sam Naficy, DTT’s previous CEO and founder, will assume the position of chairman of the board of directors, where he will focus on strategy and M&A activity, Naficy told Security Systems News.

DTT closes on $80m debt facility, makes first acquisition

Combined entity to provide full suite of loss prevention services, surpass $4m in RMR
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01/09/2018

LAS VEGAS—DTT, a provider of video-based managed loss prevention solutions to the hospitality and C-Store industries headquartered in Las Vegas, announced today the closing of an $80 million debt facility led by administrative agent Capital One and CapitalSource, a division of Pacific Western Bank.

IC Realtime releases Ella

New video search tool can save time when looking for specific clips
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01/08/2018

POMPANO BEACH, Fla.—IC Realtime, a provider of digital surveillance and security technologies based here, on Jan. 8 officially launched Ella, a cloud-based search engine designed for going through video data using natural language.

ASSA ABLOY: An innovation and sustainability leader

Recent tour of company’s HQ and solar farm provides glimpse into its culture and vision
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12/20/2017

NEW HAVEN, Conn.—For a company like ASSA ABLOY, it would be easy to rest on its laurels as a leader in the lock and intrusion business for nearly 25 years. But that is not the case with this international company that was formed in 1994 through the merger of ASSA in Sweden and Abloy in Finland. Since then, the company has grown from a regional entity into an international group with approximately 47,000 employees and annual sales of more than $8 billion.

Nortek Security & Control merges with Core Brands

NSC president: Integration of the two companies should be mostly complete by year’s end
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12/20/2017

CARLSBAD and PETALUMA, Calif.—Nortek Security & Control (NSC) and Core Brands yesterday announced a merger.

Manything teams up with Hikvision

Partnership allows company to provide CCTV cloud recording and remote viewing service
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12/13/2017

OXFORDSHIRE, England—Manything, a British video monitoring software company based here, has joined forces with Hikivison, one of the largest manufacturers of CCTV cameras, to provide a fully integrated security system that can be controlled and viewed from the palm of your hand.

Body camera company opens dealer network

Occly makes a body camera for personal and commercial use
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12/06/2017

CHICAGO—Occly, a manufacturer of a monitored wearable body camera alarm system founded in 2015, is now looking to build out a national dealer network, Marc Harris, company co-founder, told Security Systems News.

Women in Security: Jana Rankin, VuTeur

Start-up CEO blazes her own path in the security industry
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11/27/2017

AUSTIN, Texas—Jana Rankin is CEO of VuTeur, a company that uses real-time location services, or RTLS, technology to provide emergency management and asset protection to a variety of markets, including educational facilities, enterprise organizations, transportation, healthcare, government and entertainment venues.

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Poll

SSN News Poll November 2018

At SSN’s recent Cloud+ conference, Rick Juarez, managing director for Imperial Capital, gave some positive outlooks for the acquisition market now and into the future. What do you think of the acquisition market in the security industry?