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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.


Latest in Acquisitions

Alarm Detection Systems of Aurora, Ill., has made its largest acquisition to date with the purchase of Colorado-based Safe Systems. SSI Staff · September 01, 2015

ADS Security has acquired 2,000 new accounts in southeast Georgia in the firm’s third purchase of 2015 SSI Staff · September 01, 2015

The Wall Street Journal reported that Nortek, which owns a slate of audio, video, security and home automation brands, may be in talks to be acquired by United Technologies Corp., the conglomerate that owns Interlogix. Julie Jacobson · August 21, 2015

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. Rodney Bosch · August 03, 2015

Nashville, Tenn.-based ADS Security now has more than 4,000 accounts in South Carolina after acquiring customer accounts from Myrtle Beach, S.C.-based ProTec Plus. SSI Staff · July 28, 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

Having already sold its door-to-door security and home automation business for $1.8 billion, Vivint is selling its solar installation business to renewable energy company SunEdison for $2.2 billion. Julie Jacobson · July 20, 2015

The Power Solutions unit provides a range of products and services to publicly traded utilities, construction and industrial companies. SSI Staff · July 16, 2015

Combining P1 with super-regional ASG Security will create a company with more than $40 million in recurring monthly revenue. Rodney Bosch · July 01, 2015




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