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Samsung Sell-Off Includes Video Surveillance Business

As part of its group-wide restructuring plan to focus on electronics, finance and construction, Samsung is selling multiple affiliates for almost $2 billion to South Korean conglomerate Hanwha.

Latest in Acquisitions

HSM Electronic Protection announces the acquisition of the security alarm side of Intruder Detection Systems (IDS) ... September 19, 2006

UTC Fire & Security, a unit of United Technologies Corp., announced an agreement to acquire Red Hawk Industries, an integrated security solutions provider with branch locations throughout the United States. The transaction is subject to ... September 05, 2006

May 31, 2006

Devcon Security Services Corp. has added more residential monitoring accounts after acquiring Miami, Fla.-based central station International Monitoring Inc. (IMI) from Tri-S Security Corp. Terms of the transaction have not been disclosed. March 21, 2006

Safeguard Security Holdings Inc., a provider of electronic security, announces the acquisition of Citadel Security LP, a provider of physical security guard solutions. February 22, 2006

After six months of negotiations, Brett Beam, president of F.E. Moran Security and Monitoring has announced the acquisition of Life Safety Design of Danville, Ill. Life Safety is said to add another 1,000 monitored accounts to Moran’s present account base. February 20, 2006

In its second acquisition within a month, commercial security integrator Red Hawk Industries has acquired data security company National Network Services. January 10, 2006

Systems integrator Red Hawk Industries has made its 15th acquisition since its 1999 founding after buying Massachusetts-based integrator New England Security Inc. December 27, 2005

Devcon Int’l Corp., a company that a year ago was solely devoted to construction and concrete services, continued to deepen its entry into the electronic security market after acquiring electronic security services provider Guardian Int’l Inc. and Costal Security Co. November 30, 2005

Interface Security Systems Holdings Inc. announced that its subsidiary, alarm company Interface Security Systems LLC, acquired the assets of Hawk Security Services, one of the largest independent security companies in Texas. October 18, 2005


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