Hikvision Corporate recently announced a $1.49 billion investment plan to construct four new R&D centers and two new industrial bases to expand surveillance equipment manufacturing and general R&D in various Chinese cities.
Vector Security, ranked No. 5 on the SDM 100, will award $5,000 to a local fire department in October in recognition of fire safety month. This campaign was created to drive awareness of local fire fighters and the important work done every day to protect the communities they serve.
Best Buy, which announced a strategic partnership with Vivint Smart Home in May, has announced it will be expanding its smart home offerings by the end of October 2017.
Honeywell announced the results of its comprehensive portfolio review, including its intention to separately spin off its Homes product portfolio and ADI global distribution business, as well as its Transportation Systems business, into two stand-alone, publicly-traded companies.
New research in an IHS Markit article explores the increasing number of security industry startups in the security industry, attributing this growth to the entrance of several multi-system operators such as Comcast, easy access to OEMs, increased interoperability, and easier access to funding.
Former Commissioner of the NYPD Ray Kelly will deliver this year’s keynote address at ISC East, sponsored by the Security Industry Association. ISC East, the Northeast’s largest converged security tradeshow, will be taking place at the Javits Center in New York on November 15 & 16. The keynote will take place on Wednesday, November 15 at 2:00 p.m. and is sponsored by Altronix Corporation.
During the first half of 2017, Midstate Security Company employees raised more than $6,000 through 442 hours of volunteer work running concessions at various Van Andel Arena events. All the money raised through their efforts went directly to Family Promise of Grand Rapids to fight homelessness.
Campus Martius, a park in downtown Detroit, has just received a network of security cameras that will be monitored by Detroit police and the security operations of some downtown businesses, according to an article in the Detroit Free Press.