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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…

Latest in Acquisitions

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. Its new name is Qognify. 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

Personal emergency response system (PERS) provider Nortek Security & Control (formerly Linear), has acquired Numera, maker of cellular-enabled health and wellness systems including fall detection and telehealth. Julie Jacobson · July 01, 2015

The guarding services provider, with more than 3,300 clients, sells to a French investment firm for $1.67 billion. SSI Staff · July 01, 2015


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