Stanley Black & Decker Inc., New Britain, Conn., announced on July 18 the expiration of the mandatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its previously announced offer to acquire all of the class A and class B shares and warrants of Niscayah Group AB, Stockholm, Sweden, for SEK 18 per share and SEK 0.05 per warrant in cash. All U.S. antitrust conditions to the offer were satisfied. EU approval was still pending at the time of writing.
Monitronics International, Dallas, an alarm monitoring company that works through a network of nationwide, independent authorized dealers, began participating in a program aimed at reducing emergency response time and saving lives.
Ackerman Security Systems, Atlanta, moved from its 11,000-square-foot headquarters into a new 32,000-square-foot facility to accommodate its rapid expansion and provide new jobs for the city.
The Electronic Security Association (ESA) is seeking standard change proposals. In 2007, the ESA received approval for its first standard, ANSI/ESA SRSS-01-2007, for remote supervising station. This standard, developed by ESA, provided a guide for the monitoring of fire alarm systems at a remote station as identified in NFPA 72.
Pittsburgh-based Vector Security Inc. may have completed a new credit facility valued at $225 million, which includes $75 million in new financing, but it is certainly not going to go spend it all in one place.
The all-new Alvarado website is now up and running. The company has added dozens of new features, improved product information and better resources to help dealers find the right product.
Honeywell and integration software maker Tridium Inc. introduced a software tool that allows integrators and security dealers to more easily incorporate digital video surveillance capabilities into larger building control systems. The Rapid Eye™ Driver enables Tridium’s Niagara Framework to communicate with Honeywell’s flagship line of Rapid Eye digital video recorders.
This week at ASIS Int’l 57th Annual Seminar & Exhibits, 3VR – a video intelligence company – introduced its 3VR VIP Alliance Program. This is an expanded channel program with new benefits and resources designed to enhance the 3VR sales process and maximize partner revenue.
UTC Fire & Security held a press conference yesterday at ASIS Int’l 57th Annual Seminar & Exhibits, where it introduced to the market several new solutions from its brands, and announcements about new Lenel partnerships.
Here at ASIS Int’l 2011 Seminar & Exhibits in Orlando, Fla., PlaSec, a provider of physical access control solutions, announced a new name — RedCloud — and a new brand identity. The bold, new name combines the urgency and necessity for powerful on-premise security with the performance and efficiency of its private-cloud-ready technology.
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