ADS Security, a regional electronic security and automation company headquartered in Nashville, Tenn., and ranked No. 20 on the SDM 100, has acquired the accounts of ERMC Security Solutions in Chattanooga, Tenn. This purchase makes the Chattanooga branch the third largest out of ADS Security’s 22 branches.
Interface Security Systems, ranked No. 40 on SDM's Top Systems Integrators Report, announced the completion of a refinancing for a new capital structure that will facilitate strategic growth and expansion, with substantial contributions of new growth equity capital of $125 million from SunTx Capital Partners and Prudential Capital Partners.
CEDIA has announced that a series of hands-on networking workshops will be hosted at the Manhattan-based Institute of Audio Research. Two of the workshops will cover introductory networking topics and one will cover advanced concepts.
NorthStar Home, a security and automation provider ranked No. 24 on the SDM 100, launched its Authorized Affiliate Funding Program. Through this new channel, NorthStar will fund qualified security and automation systems originated and installed by independent companies.
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.
According to the Fall River, Mass., newspaper The Herald News, the city’s police department announced it would no longer be using the gunshot detection system ShotSpotter, which covered about three square miles in the Fall River.
Speco Technologies announced that they are proactively working with Underwriters Laboratories (UL) to obtain a UL 2900 certification for all of their video surveillance products and software.
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