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Diebold Unit Bought by Securitas to ‘Accelerate Our Transformation’ into Self-Service Industry

Electronic security business Diebold has been bought by Sweden’s Securitas for $350 million. Diebold offers a full portfolio of intrusion, fire, video surveillance, access control and systems integration…

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A majority of security system professionals (68%) expect to complete at least one acquisition within the next year, according to a Capital One survey. The survey was conducted at Honeywell Connect 2015. SSI Staff · November 10, 2015

A research note from IHS suggests vendors and service providers now must concentrate on understanding end-user needs, technology types. SSI Staff · November 10, 2015

Retail loss “penalty” costs average U.S. household $615 annually; dishonest employees biggest contributor. SSI Staff · November 10, 2015

While all 50 states are investing in broadband communications, only eight states were deemed equipped to deal with current and emerging threats from cyber espionage. SSI Staff · November 09, 2015

The company’s first quarter revenue was up 4.6% compared to the same quarter last year. SSI Staff · November 09, 2015

Sharad Shekhar arrives at Pelceo with extensive general management experience from his prior positions at Cummins. SSI Staff · November 06, 2015

In mixed results, the business earned $161.7 million during the quarter, compared to the consensus estimate of $175 million. SSI Staff · November 06, 2015

Nortek announced its net sales decreased 3.9%, excluding acquisitions, in this year's third quarter. Net sales were $618.5 million. Acquisitions contributed to $18.9 million in net sales. SSI Staff · November 05, 2015

Residents and business owners will be required to register alarm systems and face fines for repeated nuisance alarms. SSI Staff · November 04, 2015

North America was the largest geographical market for home security solutions in 2014 with a market share of 37.3% SSI Staff · November 04, 2015


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