Delta Electronics Inc., a global provider of power and thermal management solutions, announced its board of directors has approved a proposal for a cash tender offer to acquire approximately 35 percent to 55 percent of the outstanding common shares of VIVOTEK Inc.
Vector Security Inc., ranked No. 5 on the SDM 100, has acquired Security Associates LLC, a local provider of professional security services in Baltimore and the surrounding area.
In July the Pentagon released a classified policy for disabling or destroying unmanned aircraft that violate military airspace, and on August 4, officials sent additional public information to bases around the country to allow installations to alert communities about the restrictions and the actions military officials are authorized to take, according to an article on Military.com.
According to a report by the market research company Reportbuyer, the North America video surveillance market is expected to grow at a CAGR of 17.1 percent for the forecast years of 2017-2025 and is estimated to be worth $35 billion by 2025.
On Augst 1, 2017, a group of U.S. senators plans to introduce legislation designed to address vulnerabilities in Internet-connected devices, or Internet of Things (IoT) devices, according to Reuters.
The city of Albuquerque, N.M., announced it would be launching a program that would network existing security cameras at homes and businesses in an initiative called SCAN, or Security Camera Analytical Network, according to the Albuquerque Journal.
According to a report by the market research company IHS Markit, while 41 percent of the 68 million wireless intruder alarm sensors sold across the globe in 2016 were wireless, only 4 percent of those wireless sensors were used in the large commercial sector.
With approximately 20 percent penetration into homes, professionally monitored security systems that are now interactive and connected have a lot of room to grow — but many others also seek this opportunity. Market players from all sides agree there is room for everyone in the rapidly expanding connected home space, but will that change?
August 1, 2017
Many describe 2016 as a “pivot point” in the connected home space. While not yet out of the tall weeds, there are signs of organization and cooperation all around.
Intercoms have been around for decades with little variation in technology. Recently, however, technological advances, coupled with a drive to secure perimeters in light of terrorism and workplace violence, have made intercoms a key part of a complete security system.
Having all the most sophisticated security technology inside a building is important; but a more ideal situation is controlling who enters, and thereby eliminating threats before they even get on premises.