SDM Newswire - Articles - Page 502

In Memory of John Aiken

May 6, 2013

Aiken, age 59, passed away suddenly on the last day of this year’s ISC West show in Las Vegas.

Matrix Systems Appoints New CEO

May 6, 2013

Veteran industry executive to lead access control and security solutions provider into next phase of growth.

Avista Capital Partners to Buy Telular for $253 Million

May 6, 2013

Telular Corporation and Avista Capital Partners entered into a definitive agreement providing for the acquisition of Telular for $12.61 per share net in cash and approximately $18.5 million in assumed net debt, or approximately $253 million in total consideration.

Security Equity Partners Establishes Funding Program for Videofied Dealers

May 3, 2013

Security Equity Partners will pay the installer a 24 multiple on a 36 month contract or a 31 multiple on a 48 month contract.

CheckVideo Acquired by Managed Security Solutions Provider

May 1, 2013

CheckVideo will become a wholly owned subsidiary of Kastle Systems International and remain an independently operating business unit.

Hybrid Intrusion Detection

April 30, 2013

DSC, part of the Security Products business unit of Tyco, introduced the PowerSeries Neo hybrid intrusion detection platform.

AT&T Security Solution Now Commercially Available; Company Reveals Launch Markets & Pricing

April 26, 2013

After a nearly one-year-long pilot program, AT&T Digital Life^SM is available today for the first time in 15 markets.

Three Students Receive Bert Briscoe Memorial Scholarship

April 24, 2013

Briscoe Protective Systems Inc., Centereach, N.Y., announced the winners of the Bert Briscoe Memorial Scholarship. The recipients are three students related to members of the Suffolk County Fire District Managers Association (S.C.F.D.M.A.).

CapitalSource Leads Increase to ASG Security’s $270 Million Loan Facility

April 22, 2013

CapitalSource, a commercial lender to small- and mid-sized businesses, closed a $20 million increase to its revolving credit facility with ASG Security. The company plans to utilize the additional capacity to continue executing on its growth plans over the next several years.

SIA & ASIS Sign MOU Supporting Collaboration

April 19, 2013

Senior leadership of ASIS International (ASIS) and the Security Industry Association (SIA) formally announced the signing of a Memorandum of Understanding (MOU) on Thursday, April 11, 2013 at ISC West.