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Vanderbilt eyes future acquisitions

Siemens Security Products deal to close in second quarter

WIESBADEN, Germany—Though Vanderbilt’s acquisition of Siemens Security Products will not close for another month, Vanderbilt CEO Joe Grillo says plans for more acquisitions and more collaboration between U.S. and overseas R&D groups are well underway.

BrickHouse acquires Securus’ GPS business

Company expands customer base by 25 percent

NEW YORK—BrickHouse Security, a supplier of alarm systems and GPS-tracking based here, on March 4 acquired Securus’ GPS business, shortly after the sale of Securus’ PERS business to Freeus. Terms of the deal were not released.

Oncam Grandeye to offer analytics, cloud service

Jumbi Edulbehram is new head of the Americas for 360-degree camera provider

LOWELL, Mass.—Jumbi Edulbehram said he didn't join 360-degree camera provider Oncam Grandeye just to sell cameras. "I've done enough of that," he said. He's interested in expanding Oncam Grandeye into video intelligence and cloud service.

Pivot3 gets $45 million

Storage provider says video analytics is part of the plan

AUSTIN, Texas—Video analytics is an area of interest for video surveillance storage provider Pivot3, which received a $45 million equity and bank financing on Feb. 24.

ADI opens new branch in Charleston, S.C.

The company’s second Express Store

MELVILLE, N.Y.—ADI in February opened its second express store in Charleston, S.C.

Vidsys founder James Chong named CEO

Information management, IoT markets are next frontiers for PSIM provider

VIENNA, Va.—The new CEO of VidSys is not new to the company. James Chong, who on Jan. 26 was named CEO of the PSIM provider, founded VidSys in 2005 and has also served as CTO.

Canon to buy Axis for $2.8 billion

Kessler: Price is ’50 percent premium over yesterday’s closing price’

TOKYO—One year after buying the leading VMS provider, camera manufacturer Canon has made an offer to buy Axis Communications, the leading network camera provider, for $2.8 billion cash.

Panasonic to buy Video Insight

Strategy is to expand further into education market

OSAKA, Japan—Panasonic on Feb. 3 announced it has an agreement to acquire VMS provider Video Insight, based in Houston, Texas.

Creating the perfect image

Women in security technology profile: Ellen Cargill, CTO, Scallop Imaging

BOSTON—She’s been creating imaging systems for more than 25 years, but Scallop Imaging CTO Ellen Cargill says doing this kind of work in the security field is different.

Avigilon buys BRS patents, others for $13m

One month after spending $80 on ObjectVideo’s patents, Avigilon ‘tries to lock in IP in a whole range of analytical algorithms’

VANCOUVER, British Columbia—Avigilon today announced it spent $13.3 million acquiring video analytics patents that extend into behavioral recognition, video segmentation and meta-data and more. This deal comes one month after the video surveillance provider spent $80 million to acquire patents from ObjectVideo.



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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