Cemtrex Inc., a technology and manufacturing company, entered into an agreement to acquire ownership of approximately 46 percent of the outstanding common stock of Vicon Industries Inc., a New York-based provider of mission critical security and video surveillance systems.
Following SIA’s research to develop the Security Megatrends — an annual research project that reports on the top trends reshaping the security industry — SIA and ISC West worked together to make sure those themes would be addressed at the 2018 event, particularly as part of the SIA Education@ISC lineup. The trends range from the booming growth of the IoT to more efficient ways to manage big data, and are described here.
Perennial Software confirmed it has been acquired by EverCommerce, a company out of Denver with a number of field service management companies in its portfolio.
Prince George’s County, Md., is the latest municipality to implement Automated Secure Alarm Protocol (ASAP), a technology designed to automate communication between alarm monitoring central stations and public safety dispatch/911 centers.
Milestone Systems, an open platform company in networked video management software (VMS), concluded a series of regional partner and customers events for 2018 with MIPS (Milestone Integration Platform Symposium) in Las Vegas on February 21. The three events gathered 1,509 attendees and 90 exhibitors, and the theme was how Artificial Intelligence (AI) will be the next market disruption for video technology. Milestone Systems also took the opportunity to award partners for their contributions to the community over the past year.
News sources reported the Austin bomber, Mark Anthony Conditt, is confirmed to be dead after authorities were able to use surveillance video of Conditt to track and corner him before he detonated an explosion that took his own life.
From longstanding VCR tapes to network-connected solutions to the cloud, storage always has been a primary component of any video surveillance deployments. As technologies continue to change, so too do the approaches security integrators use when working within this space.
According to Reuters, Panasonic Corp. is considering selling a plant in Suzhou, a city in southeast China’s Jiangsu province, that makes security cameras in a deal it hopes will fetch more than $450 million.
Communications Electronics launched a new subsidiary, Communications Electronics Systems LLC (CES). CES will provide Electronic Security Integration to commercial businesses and government customers throughout the Mid-Atlantic region and be a division of Communications Electronics Inc.
ADT Inc., SDM’s 2017 Dealer of the Year, recently announced the completed acquisitions of Aronson Security Group Inc. (ASG) and Acme Security Systems. ADT says these acquisitions will help it bolster commercial growth and expansion.