Upon completion of the deal, Xtralis will become part of Honeywell Security and Fire, a business unit of Honeywell Automation and Control Solutions.
SSI Staff · February 04, 2016
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
Thomas McConnell, director of Denver-based Headwaters MB believes, Tyco could have been shopped more broadly. It merged with Johnson Controls (JCI) on Monday in a $20 billion deal.
Rodney Bosch · January 26, 2016
Manufacturing giants Johnson Controls Inc. and Tyco Int'l plan to merge, creating an industrial conglomerate with $32 billion in annual revenue. The deal is reportedly worth $20 billion and brings together two of the most prominent security and fire/life safety firms.
SSI Staff · January 25, 2016
The combined companies will have a geographic reach that spans from California into the Pacific Northwest.
SSI Staff · September 02, 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
Reuters reports that private equity firm Apollo Global Management is in talks to acquire ASG Security and planning to merge it with Protection 1. The deal is reportedly valued at $2 billion.
SSI Staff · May 12, 2015
One of the security industry’s leading privately owned systems integrators,Tech Systems plans to transition ownership to its employees through the Employee Stock Ownership Plan. Company executives believe that selling the firm to a public company or private equity group would not benefit the workers or the clients.
SSI Staff · October 29, 2014
The merger between Vicon Industries and IQinVision is expected to create a global provider of integrated solutions to the video security market.
SSI Staff · March 31, 2014
Advanced Fire & Security has acquired Oakland Park, Fla.-based Action Fire Sprinklers for an undisclosed amount.
August 29, 2013