Eagle Eye Networks, provider of cloud video surveillance, released its “2023 Trends in Video Surveillance” ebook, identifying five trends that will have the largest impact on businesses around the globe in 2023.
Toronto-based Xtract One Technologies Inc., a technology-driven threat detection and patron screening solutions company, has changed its name from “Patriot One Technologies Inc.” to “Xtract One Technologies Inc.”
The all-cash $800 million deal is contingent upon the successful closing of the acquisition by ASSA ABLOY from Spectrum Brands of its Hardware and Home Improvement business.
Fortis plans to invest in building its corporate infrastructure to support future growth, with plans to deploy a multi-pronged growth strategy focused on acquisitions and partnerships.
The restructuring — in which Cemtrex has divested its Smartdesk and VR subsidiaries — is the culmination of a previously announced strategic shift toward prioritizing its core businesses.