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Stanley Black & Decker Hints at Splitting Off Its Security Business

Recent comments made by Stanley Chairman and CEO John Lundgren may indicate the company is exploring a security business spinoff to boost its share price.


Latest in General Industry

ADT has refreshed its reward program to offer a $5,000 reward to a wider audience to help stop the fraud plaguing the electronic security industry. SSI Staff · May 18, 2015

Security industry veteran Frank DeFina will serve as Hikvision USA's senior director of strategic sales. The announcement comes less than a year after he joined Sightlogix as executive vice president of sales and marketing. SSI Staff · May 18, 2015

Door-to-door salespeople will be out in full force this summer, aggressively pursuing your clients and prospects to the tune of more than 250,000 security and home automation sales for the season. What is your security firm going to do about it? Julie Jacobson · May 15, 2015

Bosch Security Systems’ new 156,000-square-foot distribution center will store and ship more than 50,000 electronic security products. SSI Staff · May 13, 2015

Former Z-Wave Alliance chairman Mark Walters has amicably parted ways with the organization and will now serve as vice president of strategic development for home automation group ZigBee Alliance. Julie Jacobson · May 13, 2015

A Knoxville, Tenn.-based Subway restaurant has implemented the Intruder Security System, which releases traceable synthetic DNA on robbers, helping police to track suspects. SSI Staff · May 12, 2015

Reuters reports that private equity firm Apollo Global Management is in talks to acquire ASG Security and planning to merge it with Protection 1. The deal is reportedly valued at $2 billion. SSI Staff · May 12, 2015

The integrator’s monitoring facility in Plano, Texas, also maintains its own Five Diamond certification. SSI Staff · May 11, 2015

The new facilities will be located at Avigilon’s offices in Vancouver, Boston and Dallas. SSI Staff · May 11, 2015

NAPCO reported its third-quarter net sales increased 4% from the same quarter last year. SSI Staff · May 11, 2015




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