Tag: Cisco
Logicalis US announces availability of Intelligent Security portfolio
November 12, 2024SSN Staff
TROY, Mich. — Logicalis US, a technology services provider, has announced the availability of the Intelligent Security platform, which provides a blueprint approach to its security portfolio.
The Intelligent Security portfolio creates an umbrella of standards under which examine solutions that Logicalis US said will provide the best results for customers.
Logicalis' tenth annual CIO report found that of the 83% of CIOs who experienced cyberattacks in the last 12 months, only 43% feel...
Cisco to acquire Splunk
September 22, 2023SSN Staff
SAN JOSE and SAN FRANCISCO, Calif. — Cisco and cybersecurity software company Splunk have announced a definitive agreement under which Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value.
Cisco reported that upon close of the acquisition, Splunk President and CEO Gary Steele will join Cisco’s executive leadership team reporting to Chair and CEO Chuck Robbins. In a release issued on the acquisition the parties...
AV-Comparatives report tests 18 different antivirus security vendors
December 29, 2022SSN Staff
INNSBRUCK, Austria – With increasing cyberattacks occurring worldwide, businesses and organizations are looking for solutions to help effectively and efficiently combat them.
To that point AV-Comparatives has released the December 2022 Enterprise Security Test Report of 18 IT security solutions. It covers malware protection, real-world protection, and performance tests as well as product reviews, AV-Comparatives said. The 18 vendors put through the tests consisted of: Acronis,...
SIA announces Peter Boriskin as Chair of SIA Standards Committee
October 17, 2022SSN Staff
SILVER SPRING, Md.—The Security Industry Association (SIA) has named Peter Boriskin, chief technology officer at ASSA ABLOY Opening Solutions, as the new chair of SIA’s Standards Committee.
Boriskin takes over as SIA Standards Committee Chair from Steve Van Till – co-founder, president, and CEO of Brivo – who served as chair for 11 years.
In this role, Boriskin will lead and work with committee members to develop, promote and advocate industry standards...
Dragonfruit AI names Ray Cooke as VP of Business Development
August 31, 2022SSN Staff
MENLO PARK, Calif.—Dragonfruit AI, the provider of one of retail’s first massively scalable video AI platforms – Frontier - announced that Ray Cooke has joined the company as Vice President of Business Development.
Cooke, who most recently served as SVP at Hanwha Techwin America, will help large-scale retailers use Frontier to derive insights from their video to address pivotal challenges, such as optimizing staffing, detecting unsafe conditions, accelerating investigations,...
SafeGuard Cyber raises $45m in strategic growth financing led by NightDragon
April 13, 2021SSN Staff
CHARLOTTESVILLE, Va.—SafeGuard Cyber, a leading SaaS-based platform dedicated to managing the entire lifecycle of Digital Risk Protection, announced it has raised $45 million of equity and debt led by NightDragon with participation from Cisco Investments and previous investor, Allegis Cyber.
SafeGuard Cyber’s AI-powered platform empowers businesses to adopt critical collaboration, social media, and mobile chat digital channels while reducing cybersecurity risk and ensuring compliance....
IoT, drones to drive wireless video surveillance market
October 28, 2015Spencer Ives
LONDON—The wireless video surveillance market will grow across the globe, according to market research firm Technavio, and IoT and drones will play a big role in that growth.
“The global wireless video surveillance market is close to 21 percent CAGR [from] 2014 to 2019,” Technavio senior industry analyst, Amrita Choudhury told Security Systems News. Technavio estimated the global market's 2014 value at $399 million, rising to about $1.05 billion in 2019.
The Americas,...
Home automation company goes public
August 7, 2013Martha Entwistle
Home automation provider Control4 had a successful IPO on Friday Aug. 2. The company offered 4,000,000 shares of its common stock for $16 per share. The shares began trading on the NASDAQ market.
The share price quickly climbed to $20.70 in what Business Insider called a “stellar IPO. … That gives the 10-year-old, Salt Lake City, Utah, company a valuation of about $446 million. Not bad considering it had 2012 revenues of $109.5 million and posted a loss from operations every year since 2008.”
The...
New Firetide CEO sees mesh networks on the move
May 29, 2013Martha Entwistle
LOS GATOS, Calif.— Cisco veteran John McCool, who joined mesh network provider Firetide as its new CEO on May 20, says there's an increasing demand to take surveillance mobile.“If you think about it, video surveillance [has traditionally] ended on the curb,” McCool told Security Systems News. Cameras have been mounted in static locations on city streets and train platforms, but now there's a demand for that surveillance capability on moving vehicles such as municipal buses and trains....
IHS: Market for wireless infrastructure radios to hit $705m by 2017
April 2, 2013Martha Entwistle
LONDON—The market for wireless infrastructure radios used in video surveillance applications grew 11 percent last year, rising from $274 million in 2011 to $304 million in 2012, according to a study by the research firm IHS. Demand will continue to increase, IHS predicts, and global revenues will reach $705 million in 2017.While much of the growth is expected to come from China and India, “the North American market is currently the largest market and is expected to exhibit steady year-on-year...