Guardian Protection was declared the Monitoring Center of the Year in the 14th annual TMA Excellence Awards, sponsored by SDM. The award was announced last night at the ESX opening celebration, held at the Indiana State Museum in the charming city of Indianapolis.
Per Mar Security Services, a provider of total security solutions for residential and commercial clients based in Davenport, Iowa, has acquired Stearns Sound & Security of Waupaca, Wis.
ADT, a provider of monitored security and interactive home and business automation solutions in the United States and Canada, today announced that the company was awarded $3 million in compensatory damages and $1 million in punitive damages against Alder Holdings LLC, a Utah-based company.
Vector Security (No. 4 on the SDM 100) announced the acquisition of ADS Security (No. 15 on the SDM 100). The transaction officially closed today. Collectively both companies will have close to $20 million in recurring monthly revenue and a customer base of nearly 400,000 subscribers.
Panasonic announced that it will establish a new company to operate its security systems business in Japan and overseas, and that it has reached an agreement for strategic co-investment with Polaris Capital Group.
Open Supervised Device Protocol (OSDP) is an access control communications standard developed by SIA to improve interoperability among access control and security products. With the protocol now in wide use by many top product developers, including Cypress Technologies, HID Global, LenelS2, Mercury, WaveLynx and others, knowledge of how to design, specify and configure OSDP systems is becoming vital for security systems integrators, government security teams, corporate security practitioners and specifying consultants.
Hogue will address fostering innovation and public-private partnerships in cyber defense at the second annual cybersecurity educational summit for the security industry July 29-31 in Dallas.
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