Tag: Bosch
Bosch: Selling security product business to Triton a ‘strategic’ move
December 18, 2024Cory Harris, Editor
STUTTGART, Germany—Bosch’s sale of its security and communications technology product business to investment firm Triton was a strategic move designed to focus on the company’s systems integration business, says Christian Fischer, deputy chairman of the board of management of Robert Bosch GmbH.
The divestiture of Bosch’s Building Technologies division’s product business for security and communications technology to the London-based Triton, which encompasses three...
Bosch sells security, communications technology product business to Triton
December 12, 2024SSN Staff
STUTTGART, Germany—Bosch has announced the sale of its Building Technologies division’s product business for security and communications technology to the European investment firm Triton. Terms of the deal were not disclosed.
The transaction encompasses three business units – Video, Access and Intrusion, and Communication – that represent the entire product business of Bosch Building Technologies that was offered for sale.
Outlook for the future and a new departure for...
Johnson Controls builds 'momentum' heading into fiscal 2025
November 8, 2024Cory Harris, Editor
CORK, Ireland—Johnson Controls Chairman and CEO George Oliver says he’s “very pleased” with the strong end to the company’s Q4 and fiscal year results, giving it “momentum” going into fiscal 2025.
During the Q4 earnings call, Oliver cited double-digit organic sales growth and robust margin expansion as the catalysts to the solid numbers Johnson Controls shared with investors on Nov. 6.
“Today, we are a faster-growing, more...
Genetec ‘takes to the cloud’ with new Security Center SaaS solution
April 17, 2024Ken Showers, Managing Editor
LAS VEGAS – Genetec recently launched its new enterprise-grade SaaS platform, Security Center SaaS, as well as connection direct-to-cloud with the latest Axis Communications, Bosch, Hanwha and i-PRO cameras.
Based on an open platform architecture, Security Center SaaS brings an organization’s existing access control and camera hardware to the cloud through a new range of Genetec Cloudlink appliances, facilitating the migration of security systems to a modern hybrid cloud architecture,...
ESA recognizes 2023 Executive Strategic Partners
December 29, 2023SSN Staff
DALLAS—The Electronic Security Association’s (ESA’s) Executive Strategic Partners invest annually in the association to grow important initiatives, improve our members’ businesses, and take the industry to greater heights.
Without these partnerships, ESA – a non-profit organization - would not be able to fulfill its mission to provide high-quality resources, advocacy, connections, and education for electronic security and life safety professionals.
“These...
Bosch announces realignment; security products portfolio to be sold off
October 26, 2023SSN Staff
STUTTGART and GRASBRUNN, Germany—Bosch has announced plans to realign its Building Technologies division, with a focus on its regional integrator business featuring solutions and services for building security, energy efficiency, and building automation.
As part of this announcement, the company plans to sell most of the Building Technologies division’s product business, which includes the video surveillance, access control and intrusion detection, and communication business units,...
Bosch begins acquisition of Paladin Technologies
July 6, 2023SSN Staff
STUTTGART, Germany – Multinational engineering and technology company Bosch has announced plans to acquire Paladin Technologies, Inc., a Canadian-based provider of security, life safety solutions, and system integration services.
In a release issued by the company, Bosch said this most recent addition will complement its 2015 acquisition of Climatec, LLC, which provided the company with a variety of energy efficiency, security, building automation, and life safety solutions in...
ESX announces 2023 Innovation Award winners
June 6, 2023Cory Harris, Editor
LOUISVILLE, Ky.—The Electronic Security Expo (ESX) has revealed the winners of the 2023 Innovation Awards, distinguishing innovation and excellence in the industry, and identifying the next-gen products and services that will offer significant opportunities for growth for integrator companies.
These products and services were selected by an independent panel of judges based on a specific set of criteria, including ingenuity, applicability, response to market need, and more.
The 2023...
Wesco expands portfolio of services helping customers navigate global marketplace
May 24, 2023SSN Staff
PITTSBURGH – On May 24, B2B distributor, logistics service and supply chain solutions company Wesco International announced the expansion of its portfolio of services the company says will help customers navigate an increasingly dynamic global marketplace.
Wesco said that the newly expanded capabilities in its portfolio of services reflect their mission to build, connect, power and protect the world. New additions include a new Innovation Partner Ecosystem that features an impressive...
PSA Network announces 2023 P3 partners
April 3, 2023SSN Staff
WESTMINSTER, Colo.—The PSA Network, the world’s largest consortium of professional systems integrators, has announced the PSA Partner Program (P3) members for 2023.
The 2023 P3 provides technology partners with additional opportunities to connect with PSA members and owners. P3 technology partners are required to meet specific criteria that align with PSA’s strategic goals and offer the most advantages to PSA members and owners. These strategic partnerships empower...