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.
SCOTTSDALE, Ariz.—There was a lot of talk during the first day of MIPS (Milestone Integration Platform Symposium) about Milestone transforming itself from the “open platform company to the open platform community.”
AUSTIN, Texas—Hyper-converged infrastructure (HCI) provider Pivot3 on Jan. 27 announced it will acquire NexGen Storage, a provider of hybrid storage appliances, dynamic all-flash arrays and Quality of Service (QoS) capabilities.
MONTREAL—In its latest cybersecurity initiative, Genetec, a provider of unified IP security solutions based here, is releasing a cybersecurity hardening guide for its integrator partners at the end of February.
WOODBURY, N.Y.—Tri-Ed, a distributor, announced the opening of a new branch in Memphis and the intention to co-locate two new locations with Clark Security, a locksmith division of Tri-Ed’s parent company Anixter.
STOCKHOLM—Network video provider Axis Communications on Feb. 1 announced the acquisition of Citilog, a provider of intelligent real-time video monitoring for traffic and transportation security and safety.
MILWAUKEE and CORK, Ireland—In a deal that brings strategic security capabilities and substantial tax benefits, Johnson Controls announced today that it will merge with Tyco. The deal was approved by the board of directors of both companies and is expected to close at the end of 2016.