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Tyco Exacq deal done

Exacq leadership, brand will stay in place
 - 
07/30/2013

NEUHAUSEN, Switzerland—In what Tyco Security Products’ director of product management Steve Carney called a “perfect fit,” Tyco announced July 29 that it has completed the acquisition of VMS provider Exacq Technologies for $150 million in cash.

MicroPower gets $5.7m investment

Ultra-low power wireless surveillance provider goes after new vertical markets
 - 
07/29/2013

SAN DIEGO—Wireless surveillance provider MicroPower Technologies announced today that it has a new $5.7 million round of equity financing, which it will use for R&D and to expand into more vertical markets.

iControl Networks sues Alarm.com, FrontPoint Security

Lawsuit seeks damages, injunction
 - 
07/15/2013

REDWOOD CITY, Calif.—Home technology provider iControl Networks on July 10 filed a patent infringement lawsuit against competitor Alarm.com and FrontPoint Security, an Alarm.com customer.

HID gets patent aimed at increasing security with hand motions

Hulusi ‘It’s the ultimate three-dimensional mouse'
 - 
07/10/2013

IRVINE, Calif.—HID believes that waving your hand in a unique pattern will be another way to increase the security of a smart card or smartphone used for access control in the future, and it announced July 9 several new patents for gesture-based methods of authentication.

Tyco to buy Exacq for $150m

Kessler: Deal may help independent integrators and Tyco Integrated Security as well
 - 
06/19/2013

NEUHAUSEN, Switzerland—Tyco today announced that it will acquire VMS provider Exacq Technologies in a $150 million cash deal.

Ingersoll Rand offers $1.55 billion of senior notes

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06/18/2013

SWORDS, Ireland—Ingersoll Rand announced this week that it has completed a $1.55 billion debt offering consisting of three tranches, maturing in 2019, 2023 and 2043.

Ingersoll Rand names planned $2 billion spinoff: Allegion

The name of the new publicly traded company—expected to be spun off later this year—reflects the allegiance between Ingersoll Rand and its customers
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06/17/2013

SWORDS, Ireland—Ingersoll Rand, which previously said it planned to spin off its security products business at some point this year, today announced that Allegion will be the name of the new company and that it will have revenues of $2.05 billion.

IHS: Genetec, Milestone top VMS rankings

 - 
06/05/2013

LONDON—Since 2004, the first year of IHS’ VMS rankings, Copenhagen-based Milestone has had a monopoly on the top spot. Nine years later, the company still has the top spot, but it now has to share it with Genetec, a Montreal-based vendor.

DVTEL to launch IP Institute

New COO Zvi Peled says ‘cool tools’ will help integrator partners
 - 
06/05/2013

RIDGEFIELD, N.J.—Video surveillance provider DVTEL is launching IP Institute, where the company will offer online and classroom instruction on IP-based security for its integration partners.

Avigilon gets into access control, buys RedCloud for $17 million

Avigilon CEO calls deal ‘very strategic’
 - 
05/30/2013

VANCOUVER—In a $17 million cash purchase, high-definition surveillance provider Avigilon Corp. on May 30 announced it acquired privately held RedCloud Security, a provider of Web-based physical and virtual access control systems.

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Poll

SSN News Poll December 2014

In the wake of the recent expiration of their non-compete agreement, former sister companies ADT and TycoIS are now battling it out for a piece of the lucrative small-business pie. How will this affect the competitive landscape and regional providers? Tell us what you think.

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