Titan Alarm Inc., ranked No. 100 on the SDM 100, acquired the accounts and customer bases of Post Security and CCS Systems. The deal with Post Security was closed May 8, and CCS Systems was closed June 30.
Hikvision USA Inc., a North American provider of video surveillance products and solutions, received the Koorsen Fire & Security Circle of Excellence Award.
Globally in 2016, safety and security was the largest category of devices shipped into the smart home, representing 29 percent of the 78 million devices shipped.
Six private alarm companies have filed suit against the Village of Schaumburg, Tyco Integrated Security, and the Northwest Central Dispatch for what the Illinois Electronic Security Association (IESA) said amounted to the city confiscating customers from private alarm companies.
Johnson Controls, which completed its merger with Tyco in September 2016, announced to customers their plans to transition the brand identity of Tyco businesses, including Tyco Integrated Security and SimplexGrinnell, to Johnson Controls. Johnson Controls now designs, manufactures and sells the products under the Tyco brand, including ANSUL, Grinnell, Simplex, Tyco and many more.
Securitas Electronic Security Inc. (SES) unveiled its new Canada Headquarters during a ribbon cutting ceremony and open house on June 27, 2017. The grand opening event included an official ribbon cutting, luncheon and VIP facility tour for more than 70 guests, including customers, business partners and associates.
Camcloud, a provider of cloud video surveillance, has announced that its service and partner program has been awarded the 2016 Partner of the Year Award from Hanwha Techwin America. The award was presented during ICS West, held in Las Vegas in April.
Capital One provided a senior revolving line of credit to Owen Security Solutions, ranked No. 99 on the SDM 100. Owen plans to use the facility to support both organic growth and M&A, the company reported.
On June 28, 2017, the corporate headquarters for BEST Access Solutions in Indianapolis was officially dedicated, commemorating dormakaba’s recent acquisition of certain mechanical security businesses from Stanley Black & Decker.
The FBI Internet Crime Complaint Center (IC3), established in 2000 to receive complaints of Internet crime, released its annual report, revealing the organization received an average of 800 complaints a day and that Americans lost $1.33 billion in 2016.
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