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.
The Alarm Industry Research & Educational Foundation serves as the research arm of the electronic life safety, security and systems industry, but what exactly does it do and how can the industry benefit from its projects?
The Alarm Industry Research & Educational Foundation (AIREF) represents the electronic life safety, security and systems industry, under the auspices of the Electronic Security Association (ESA). Since AIREF’s beginnings in 1977, foundation members have been focused on improving education in the alarm industry as well as conducting research that public safety officials can use to better protect and serve the community, and dealers, distributors, manufacturers and monitoring stations can use to increase acceptance of their products and improve public relations.
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.
Digital Monitoring Products (DMP), Springfield, Mo., a privately held independent manufacturer of innovative intrusion, fire, access control, network and cellular communication products, and Protection 1, Romeville, Ill., a provider of installation, maintenance, and monitoring of single-family home security systems, business security systems and multifamily security systems entered into a new business partnership.
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.
Congratulations are in order for Art Niedosik, SDM Associate Publisher and Eastern Regional Manager, who announced his retirement effective September 30th after an unparalleled 40 year career in business-to-business media.
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.
Being in the spotlight has its advantages, in addition to obvious challenges. There are certain security integration assignments that, because of location, public accessibility, or homeland security profile, carry more weight in design, installation, and stature.
Custom Alarm, Rochester, Minn., has been honored with the 2011 Alfred P. Sloan Award for Business Excellence in Workplace Flexibility for its use of flexibility as an effective workplace strategy to increase business and employee success. This prestigious award, part of the national When Work Works project, recognizes employers of all sizes and types in the greater Rochester area and across the country.