Arecont Vision, provider of IP-based megapixel camera and video surveillance solutions, announced the acquisition of its assets by Costar Technologies Inc. has been approved by the bankruptcy court. Arecont said in a press release it anticipates the sale will close on July 13, 2018.
Bold Technologies, a provider of alarm monitoring software, is pleased to announce it has completed a long-planned merger with Perennial Software, a provider of management software in the security industry. The companies will become one, with Bold bringing Perennial’s line of products, including SedonaOffice and AlarmBiller, under its umbrella.
Red Hawk Fire & Security LLC., ranked No. 7 on SDM’s Top Systems Integrators Report, acquired Security and Data Technologies Inc. (SDT), to continue extending its reach to customers in Philadelphia, and the tri-state area of Eastern Pennsylvania, Central and Southern New Jersey and Delaware.
SimpliSafe, a provider of DIY home security, announced that funds affiliated with Hellman & Friedman LLC have entered into an agreement to join forces with SimpliSafe CEO and Founder Chad Laurans to accelerate the company’s growth and expansion of the home security market.
Allegion plc, a global security products and solutions provider, has agreed to acquire ISONAS through one of its subsidiaries. The transaction is expected to close early in the third quarter of 2018, subject to customary closing conditions.
Regionally based Priority One Security, ranked No. 42 on the SDM 100, has successfully executed the acquisition and merger of Fleetwood Security. Fleetwood Security is based in Cartersville, Ga. It has been operated by Billy Fleetwood and the Fleetwood family members. For more than 20 years Fleetwood Security has provided residential and commercial integrated security solutions to the Atlanta metropolitan areas.
The Bosch Building Technologies division is partnering with AnyVision Interactive Technologies Ltd. and acquiring a 9 percent stake in the Israeli AI-based person- and object-recognition start-up.
Doyle Security Systems Inc., ranked No. 41 on the SDM 100, acquired the alarm accounts from Wolfe Safe & Lock Co Inc., also known as Wolfe Security. Founded in 1933, Wolfe Safe & Lock began as safe and lock specialists before adding burglary protection, fire detection, access control and close circuit TV to their offerings.
Convergint Technologies, ranked No. 2 on SDM’s Top Systems Integrators Report, acquired Integrators Australia, a systems integrator based in Port Melbourne, Victoria, Australia.