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Honeywell to Acquire Smoke Detection and Video Security Company Xtralis

Upon completion of the deal, Xtralis will become part of Honeywell Security and Fire, a business unit of Honeywell Automation and Control Solutions.

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Axis Communications, a provider of networked video, announced its acquisition of Citilog, a provider of real-time video monitoring for traffic and transportation security and safety. Axis says the acquisition amplifies its entire video solution. SSI Staff · February 01, 2016

Tyco released its earnings report for the first fiscal quarter of 2016. It reported a 4% dip in revenue from the previous year, which it attributes to the stronger U.S. dollar against foreign currencies. Tyco CEO George R. Oliver called the first quarter "solid" and it excited about the company's long-term prospects thanks to its planned merger with Johnson Controls. SSI Staff · January 29, 2016

Honeywell posted a 24.9% rise in quarterly profit, helped by lower costs. SSI Staff · January 29, 2016

World Wide Security of New York has completed the sale of its business to Novidam Capital LLC. The Edmonds Group acted as advisor to World Wide Security on the transaction. SSI Staff · January 28, 2016

More than 1,300 United States Department of Homeland Security badges and credentials were either lost or stolen in period from 2012 until 2015, in addition to at least 165 firearms. The lost methods of identification raise national security concerns if they fell in the hands of terrorists. SSI Staff · January 28, 2016

Pittsburgh city officials have been pleased with the effectiveness of ShotSpotter technology that detects gunfire sounds to help police respond to dangerous crimes in some of Pittsburgh's most dangerous areas. Now City Council wants to extend its contract with SST to continue to improve public safety. SSI Staff · January 28, 2016

Johnson Controls reported a dip in net revenue and net income in year-over-year evaluation in the first quarter of fiscal 2016. The company attributes the dip to the deconsolidation of the Automotive Interiors business. SSI Staff · January 28, 2016

UGI Energy Services went with Genetec Omnicast IP video surveillance to help increase live monitoring on its work sites. The IP cameras have increased security on the sites by delivering snapshots of video feeds when motion is detected. Its security center can then decide what step to take next. SSI Staff · January 28, 2016

The union alleges that NFL billionaires are bringing in irresponsible, non-union security contractors from out of the area to work at Super Bowl 50 events held near Levi's Stadium. SSI Staff · January 28, 2016

The company reported its North American security segment organic revenues declined 6% due primarily to lower volumes within the commercial electronic security business as 4Q'14 benefited from a large retail installation. SSI Staff · January 28, 2016


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