IHS Markit reported in a press release that semiconductor industry achieved near record growth in the second quarter of 2017, posting a 6.1 percent growth from the previous quarter. Global revenue came in at $101.4 billion, up from $95.6 billion in the first quarter of 2017. This is the highest growth the industry has seen in the second quarter since 2014.
Honeywell, a provider of products, software and technologies for connected buildings and homes, has named Richard (Rich) Lattanzi as the president of Honeywell’s global security business and Dino Koutrouki as the president of Honeywell’s global fire business.
Future Fibre Technologies Limited (FFT), a global provider of fiber optic perimeter intrusion detection systems, has announced it intends to make an off-market takeover bid for all of the shares it does not hold in ASX listed security company MaxSec Group Limited. FFT currently holds 65,000,000 MaxSec shares (or approximately 13.7 percent). The board of MaxSec has indicated it currently intends to recommend the offer, in the absence of a superior proposal.
CBS 12, a local CBS affiliate in West Palm Beach, Fla., reported that a 20-year-old man was arrested over the weekend in connection with the burglary of an evacuee’s home in Stuart, Fla.
The City of Sandy Springs, a suburb of metro Atlanta, passed an ordinance that became effective as of Sept. 1, 2017, which will force alarm companies to pay false alarm fees and fines, regardless of reason and without establishing culpability.
As more and more people are reporting package thefts off their porches, many are turning to doorbell cameras and other forms of video surveillance to help ward off would-be thieves.
Certain industries seem to attract people who are naturally dedicated to serving and protecting others. In my time covering the security industry, especially a time such as this, I am pleased to say that there seems to be common thread among the people I meet at tradeshows, conferences, and in interviews: These are people devoted to helping others.
Red Hawk Fire & Security, a provider of fire, life safety and security services, is providing resources and integrated systems expertise as a charter donor for the command and control center at the new National Sport Security Laboratory (NSSL) at the National Center for Spectator Sports Safety and Security (NCS4).
ipDatatel and Resolution Products today announced a merger of the two companies. As part of the transaction, Robin Pederson will become chairman of the combined company.
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