Tyco International Ltd., Schaffhausen, Switzerland, announced that it reached an agreement to acquire Visonic Ltd., a global developer and manufacturer of electronic security systems and components, for approximately $100 million in cash. The acquisition will strengthen the wireless product and technology portfolio and market presence of the Tyco Security Products business in the intrusion security market, according to Tyco in a press release.
Vector Security’s 2011 Technical Service Partners (TSP) golf outing, held at the Bristow Manor Golf Club in Bristow, Va., helped emphasize the needs of missing and exploited children.
Stanley Black & Decker Inc. announced last week that all of the conditions for completion of its recommended all-cash offer to acquire all shares and warrants in Niscayah Group AB, for SEK 18.00 per share and SEK 0.05 per warrant in cash, have been satisfied.
Vision Security Technologies, a regional security systems integrator headquartered in Birmingham, Ala., joined Security-Net, a global provider of security integration services, as its eighteenth member.
ASIS International selected its 2011 ASIS Accolades winners. ASIS Accolades is an awards competition that recognizes innovative new products, services, and/or solutions in the security industry.
SecurityXchange has come a long way since it was founded shortly after 9/11. Every year the event gathers together integrators and manufacturers for targeted meetings focused on relationships, both establishing new ones and fortifying existing relationships, as well as finding new technology solutions. This year, more than 325 scheduled meetings occurred during the event — in addition to the impromptu meetings over lunch, dinner and drinks.