Honeywell has acquired privately held RSI Video Technologies (RSI), a global provider of intrusion detection systems for commercial and residential security applications under the brand Videofied, for approximately $123 million.
Monitronics Security and Consolidated Communications Inc. (CCI) have announced a partnership that will help grow Monitronics’ customer base while allowing CCI to officially launch security and automation services to its entire base of residential and business clients.
Security Equipment Inc. (SEi), a full-service security firm founded in 1969 in Omaha, Neb., recently completed a move to their new corporate headquarters at 2238 South 156 Circle in Omaha, Nebraska.
Security-Net, a global provider of security integration services, elected its new Board of Directors at its Annual Shareholders Meeting in late January at the Alsol Tiara Cap Cana Resort in Cap Cana, Dominican Republic.
Telular Corporation, a global provider of Internet of Things (IoT) solutions for commercial telematics and security, and Jasper, a global IoT service platform provider, announced a partnership to deliver IoT services to the commercial telematics and security markets.
Monitronics’ 2016 dealer council is a “think tank” comprising three security company owners. The council, which had its first in-person meeting at Monitronics’ Dallas headquarters on Feb. 16, 2016, will meet in person and via teleconference several times during the year.
Eagle Security Systems of Chico, Calif., was acquired by Mountain Acquisition Company (MAC) of Denver. This is the second major acquisition of MAC within the last six months, and MAC reports it will increase the company’s revenues by $2 million annually.
Honeywell and United Technologies Corp. (UTC) have made several merger overtures since last year, but the most recent one happened in the last several weeks, according to The Wall Street Journal, and was rebuffed by UTC because of antitrust concerns.
Milestone Systems announced strategic initiatives to greatly enhance Milestone partner community engagement. The news was revealed at the annual Milestone Integration Platform Symposium, held this year in Scottsdale, Ariz.