BCE Finalizes Purchase of AlarmForce to Boost Smart Home Strategy
BCE acquired all of the approximately 11.4 million common shares of AlarmForce for $182 million, paid in a combination of cash and BCE common shares.
BCE acquired all of the approximately 11.4 million common shares of AlarmForce for $182 million, paid in a combination of cash and BCE common shares.
The deal will allow Control4 to combine two industry-leading network and device management solutions into one unified service platform.
The acquisition also enhances Kastle Systems’ small commercial and NICET-certified fire & life-safety services portfolio.
Mass Notification Systems (MNS) is a growing field with revenue opportunities in the corporate, healthcare and education markets.
SSI rounds up the security industry’s most notable mergers and acquisitions of the year.
Blink will help Amazon compete with Google’s Nest, which began offering its own security system earlier this year.
Potter Electric, a venerable brand in the fire/life-safety marketplace, was previously held by Two Rivers Associates and Dobbs Management Service.
The merger will help the new company serve its customers in the residential and commercial control, security, entertainment and access markets.
Maryland-based Genesis specializes in design, installation, service and monitoring of access control, IP video and UL-2050 intrusion detection systems.
Privately held SCAME, based in Italy, will be integrated into the Fire business within Honeywell Home and Building Technologies.