Suppliers
NAPCO overcomes ‘external challenges,’ posts strong RSR numbers
May 28, 2025Cory Harris, Editor
AMITYVILLE, N.Y.—Even with U.S.-imposed tariffs leading to increased equipment prices in Q3, NAPCO Security Technologies Chairman and CEO Richard Soloway assured investors during a recent conference call that his company is well-positioned to withstand turbulence thanks in part to growing recurring service revenue.
RSR increased by 10.6% to $21.6 million in Q3, representing 49% of total company revenues with a 91% gross margin.
“While fiscal Q3 brought external...
Johnson Controls CEO says company is ‘more focused’
May 12, 2025Cory Harris, Editor
CORK, Ireland—Just two months into his new role as Johnson Controls CEO, Joakim Weidemanis seized the opportunity during the company’s recent Q2 2025 earnings call to share his vision on how the company will “accelerate value creation,” including by restructuring.
Reflecting on his first two months as CEO, Weidemanis, who succeeded long-time CEO George Oliver on March 12, outlined Johnson Controls’ “considerable” strengths, including its “impressive”...
Allegion rises on non-residential biz, remains cautious on tariffs
May 1, 2025Ken Showers, Managing Editor
DUBLIN — Allegion says its positive financial results for the first quarter ended March 31, 2025, are the result of top-line growth in the Americas, driven by the company’s non-residential business, but it’s holding off on updating its revenue outlook for the rest of the year due to the volatility of tariffs.
First quarter
Allegion’s non-residential business was up high-single digits, while its residential business declined mid-single digits.
“Allegion...
Prosegur Security appoints Ty Stafford executive chairman, Daren Lopez named CEO
April 25, 2025SSN Staff
DEERFIELD BEACH, Fla.—Prosegur Security, a global provider of security services and technology-driven solutions, has announced a strategic leadership transition to support the company’s next phase of growth and innovation.
Ty Stafford will assume the role of executive chairman, while Daren Lopez, currently the chief operating officer, will become the company’s chief executive officer.
Stafford, who has served as CEO since 2022, has played a pivotal role...
Intellicene focused on providing a ‘client-focused culture,’ CEO says
April 17, 2025Cory Harris, Editor
LAS VEGAS—Since taking over as CEO of Intellicene in June 2024, Greg Colaluca has focused on employee development, and more specifically, making sure his team takes a customer-first approach.
A provider of intelligent security management platforms, Intellicene prides itself on ensuring that clients have the right tools to help protect operations, assets, and people, starting with its workforce.
Speaking at ISC West, Colaluca explained that employees may have felt...
Acre sticks with hybrid approach to access control
March 19, 2025Cory Harris, Editor
PLANO, Texas—After speculation about the future of Acre Security’s on-premise versus cloud-native access control, its chief technology officer is “setting the record straight”: Its on-premise platform is not going anywhere.
“Over the last few months, we’ve heard the rumors that we are sunsetting our core on-premise brands in favor of our cloud-native acre Access Control (aAC) solution,” said Darren Learmonth. “Let’s be clear - this...
Tech-Ops taps AMYNA Systems for ‘fundamental shift’ in communication
March 19, 2025Cory Harris, Editor
NEW YORK—Technical Operations has a new strategic partnership with AMYNA Systems to efficiently secure its networked audio-visual devices.
The company turned to AMYNA Systems, which develops operational technology network security solutions, to provide what he terms a “fundamental shift” in how devices communicate on its network.
“In our conference room, we have a test layout for (AMYNA Systems),” said Achille Raspantini, CEO and founder of Tech-Ops....
Rhombus launches Relay
March 18, 2025SSN Staff
SACRAMENTO, Calif. — Rhombus has announced the launch of Rhombus Relay, a new suite of solutions that enable organizations to transform existing camera infrastructure into intelligent, cloud-connected devices.
Rhombus Relay establishes a bridge between legacy systems and modern cloud-based physical security, allowing businesses to innovate on their own terms according to the company.
“Adopting new technology for security should be effortless, without compromising safety,”...
Building Intelligence strengthens executive team to spearhead growth
March 17, 2025SSN Staff
NEW YORK—Building Intelligence, a provider of solutions that securely streamline vendor, vehicle, and visitor access, has announced a leadership transition to support its next phase of growth.
Founder Jeffrey Friedman will assume the role of chief evangelist, focusing on business development, innovation, and strategic partnerships. Marc Rubner has been appointed CEO and will lead the company's strategic growth, driving market-defining innovation, financial performance, and expansion.
The...
Alcea revealing infrastructure solutions at ISC West
March 13, 2025SSN Staff
PLANO, Texas — ALCEA has promised a new cutting-edge solution designed to protect critical infrastructure when ISC West convenes March 31-April 4 at the Venetian Expo in Las Vegas.
“The evolving landscape of threats to critical infrastructure, especially to the power grid here in the United States, underscores the importance of employing robust security solutions and complying with NERC CIP standards. These standards provide a structured framework to safeguard the Bulk Electric System...