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NICE Systems Is Selling Its Video Surveillance Business for $100M

NICE Systems is selling its video surveillance unit to private equity firm Battery Ventures for up to $100 million, its second divestment in three months as it focuses more on its analytics business.


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A string of break-ins in several units at Storage Pros of Wyoming, Mich., revealed that video surveillance cameras and other security measures were lacking at the facility even though customers were paying for security services. SSI Staff · July 27, 2015

A Sunday notice from Jeffrey He, president of Hikvision USA and Canada, read as follows: "It is with deep regret that I inform you that Frank De Fina passed away over the weekend." Scott Goldfine · July 26, 2015

The mass media behemoth says it lost 69,000 video subscribers in Q2; CEO remarks some new customers see no need to pay for a set-top box to watch TV. SSI Staff · July 24, 2015

Security industry professionals are encouraged to sign up for the fundraiser event to be held Sept. 12 in New Jersey. SSI Staff · July 23, 2015

Police are searching for a home intruder who accidentally activated a video application on his victim's iPhone, which captured a clear image of his face. SSI Staff · July 23, 2015

The Department of Homeland Security renovated its forensics laboratory to provide more workspace for specialists who monitor illegal cyber activities. SSI Staff · July 23, 2015

The FTC claims LifeLock violated parts of an order by telling consumers they would be notified as soon as the company became aware of a possible breach. SSI Staff · July 23, 2015

The $203 million acquisition will expand Allegion’s presence in the Europe, Middle East, India & Africa region. SSI Staff · July 23, 2015

Microsoft is planning to acquire Adallom, an Israeli cybersecurity company that offers end users information security technology on remote servers, for $320 million. SSI Staff · July 22, 2015

The Santa Fe Police Department believes a man posing as a Protection 1 sales representative is targeting children. SSI Staff · July 22, 2015




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