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Raymond James goes to Washington

Security investment banking group expands expertise in cybersecurity, intelligence communications and defense electronics
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07/08/2015

WASHINGTON—Investment banking group Raymond James now has an office here and has added five new bankers to its Security, Defense and Government Services practice.

Leong new CFO of Avigilon

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07/02/2015

VANCOUVER, British Columbia—Ric Leong has been named CFO of video surveillance provider Avigilon Corporation. He replaces Wan Jung, who will continue to serve on the company’s board of directors.

Nortek Security & Control buys Numera for mPERS

With acquisition, company will be on forefront of ‘aging in place,’ president says
 - 
07/01/2015

CARLSBAD, Calif.—Nortek Security & Control has purchased Numera Inc. for a reported $12 million.

Alarm.com sets price at $14 per share

Stock to begin trading on NASDAQ today
 - 
06/26/2015

VIENNA, Va.—Alarm.com Holdings Inc. has priced its initial public offering of 7 million shares of common stock at $14 per share. The shares are expected to begin trading on NASDAQ today, June 26, under “ALRM,” according to the company.

Vigilance is up and running

New emergency notification system developer looking to broaden footprint
 - 
06/22/2015

SOUTH PORTLAND, Maine—Vigilance, a relatively new player in the ENS market based here, already has a Northeast presence with hopes of greatly expanding its footprint.

3VR sees benefit in rep firms

Rep firms help the company expand in geographies, verticals
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06/16/2015

SAN FRANCISCO—3VR, a video intelligence company based here, expanded a year ago into a manufacturer representative model with positive results in the last 12 months.

Stefan Widing to lead HID Global

Widing replaces Denis Hebert who left in May
 - 
06/12/2015

STOCKHOLM—Stefan Widing will take over as head of HID Global and EVP of ASSA ABLOY, parent company of HID, on Aug. 1.

Drako pays $50m cash for Brivo

Barracuda Networks and Eagle Eye Networks founder buys cloud-based access control company, said move to cloud-based systems is accelerating
 - 
06/10/2015

AUSTIN, Texas–Dean Drako, founder of Barracuda Networks and Eagle Eye Networks, today announced his purchase of Brivo Systems for $50 million cash.

Deal closed: Vanderbilt buys Siemens Security Products

 - 
06/01/2015

PARSIPPANY, N.J.—Vanderbilt Industries today announced it has completed the acquisition of the Security Products business from Siemens.

Prime time for Alarm.com IPO

Interactive services provider files for $75m IPO
 - 
05/27/2015

VIENNA, Va.—It has been a year since reports surfaced that Alarm.com owner ABS wanted to exit its investment. The wait may have been worthwhile, according to experts who spoke to Security Systems News. Now is a good time for Alarm.com, a fast-growing, market-leading provider of interactive services, to go public, they say.

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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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