According to a Capital One survey, the majority of security system professionals (66 percent) expect to complete at least one acquisition in the next year, and 16 percent expect at least three acquisitions.
FLIR Systems Inc. has acquired DVTEL Inc., a manufacturer of software and hardware technologies for advanced video surveillance, for approximately $92 million.
Tech Systems Inc. (TSI) has appointed Wayne Smith president. He assumed responsibilities on November 11, 2015, following the official announcement to TSI’s employee-owners by Darryl Keeler, company founder who now serves as CEO and chairman.
SDM 100 45th ranked Doyle Security Systems Inc., a regional provider of residential and commercial security, fire and medical monitoring systems, has acquired the accounts of Alert Protective Systems Inc.
The National Sheriffs’ Association (NSA) has named Stan Martin, executive director of the Security Industry Alarm Coalition, for membership in its outreach committee.
On October 24, 2015, at the annual Honeywell Connect Conference in Scottsdale, Ariz., Honeywell hosted a dinner and awards ceremony during which Per Mar Security Services CEO Michael Duffy was honored with a lifetime achievement award.
Stanley Security Solutions, a global provider of electronic security services and products, has acquired SentryNet, a wholesale monitoring company, which will continue to operate under its own name.
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