Stanley Black & Decker, New Britain, Conn., parent company of Stanley Convergent Security Solutions, finalized its acquisition of Niscayah, Stockholm, Sweden. Following the completion of the acquisition on Sept. 9, 2011, Stanley and Niscayah’s leadership began work on assimilating Niscayah’s security business, which included residential customers and commercial markets including banks, retail, gas stations, utilities, transport and lodging and public sector companies to which it provides integrated security solutions, video surveillance and access control systems, fire and security systems and monitoring services.
Smith & Wesson Holding Corporation announced that the company made the decision to divest its perimeter security business in order to focus on its core firearm business, also pointing out "significantly reduced government spending" and a "deteriorated" environment in the space as contributing factors. The company is currently exploring strategic alternatives to accomplish the divestiture.
Honeywell, Melville, N.Y., launched a new application for Android devices, letting users control their security systems and view live, streaming video from any remote location.
Michael Keegan, vice president of Magnasphere Corporation, was chosen as the new president for Security America Risk Retention Group (SARRG), a business insurance program tailored specifically to the electronic security industry. Keegan, who is a security professional with more than 27 years of experience, takes the reins from Cecil Hogan, president of Security Consultants, who has served as SARRG president for the past eight years.
With the 20th anniversary of the inception of Vector Security’s National Accounts Division approaching, the division commemorated this milestone with a move into a new, greatly expanded National Service Center located in Northern Virginia. The facility was designed from the ground floor up to serve Vector’s growing list of national customers, which today numbers 44,000 locations throughout North America.
Security professionals from the Northeast who are attending ISC Solutions this Nov. 2-3, at the Jacob Javits Center in New York can take advantage of many new features and benefits to make the most of their experience.
Verizon's new Home Monitoring and Control service is being touted by the company as the gateway to a smart home that puts technology in the hands of customers freeing them to access and control their homes from anywhere.
PSA Security Network (PSA), an electronic security cooperative representing security system integratorsand working to promote training and credentialing for the electronic safety and security systems industry has partnered with BICSI, the association supporting the information technology systems (ITS) industry with information, education and knowledge assessment.
Tri-Ed / Northern Video, Woodbury, N.Y., an independent security distributor, announced its acquisition of Video Security Specialists (VSS), a west coast CCTV distributor.
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