Securitas, No. 4 on SDM’s Top Systems Integrators Report, has agreed to acquire the division Kratos Public Safety and Security, No. 5 on the Top Systems Integrators Report, from Kratos Defense & Security Solutions Inc. The purchase price is approximately $69 million on a cash and debt-free basis. The acquisition is expected to be neutral to Securitas earnings per share in 2018 and 2019, and accretive as of 2020.
SIA and a number of education and law enforcement groups will be supporting the school security bill being introduced in the Senate March 1. This will be the primary response to Parkland being put forward on the Senate side, in addition to a separate measure on NICS/background checks, SIA reported.
Amazon has agreed to purchase video doorbell manufacturer Ring for $1 billion, according to Reuters, leading some to believe the online retail giant is poised to enter home security, if not also more easily enter homes to deliver packages.
MONI Smart Security, a subsidiary of Ascent Capital Group Inc., announced an exclusive, long-term, trademark licensing agreement with The Brink’s Company, which will result in a complete rebranding of MONI and LiveWatch as BRINKS Home Security.
Tech Systems Inc., ranked No. 18 on SDM’s Top Systems Integrators Report, achieved ISO 27001 certification. This certification applies to the international standard that describes the best practices for an information security management system (ISMS).
Michael McDade, founder and CEO of Galaxy Integrated Technologies, announced that Galaxy Integrated Technologies will provide complimentary, no-charge security assessments for all schools — elementary, junior high, high school and higher education.”
PSA announced that Glenn Bill, speaker, author, serial entrepreneur and world-class coach, will be featured at PSA TEC as the keynote presenter. His presentation, “Amplify Your Attitude,” will take place on Tuesday, March 13, 2018, at 8:00 a.m. during breakfast. All TEC attendees are invited to attend this general session.
3xLOGIC Inc. announced the schedule for the company’s rollout of an extensive online training program targeted at 3xLOGIC end users, integrators and employees. The first course commences March 12, 2018.
For the 10th year in a row, Vector Security Inc. is accepting applications for its Loss Prevention Foundation (LPF) scholarship program from now through March 31, 2018.
The National Council of Investigation and Security Services (NCISS) announced U.S. Capitol Police Special Agents Crystal Griner and David Bailey are this year’s recipients of the 2017 John J. Duffy Memorial Award.