The new tax law, H.R. 1, the Tax Cuts and Jobs Act, P.L. 115-97, was signed into law Dec. 22, 2017. SIA applauded key provisions of that law, but what impact do experts say the new law will have on the security industry?
Hikvision USA Inc., a leading provider of artificial intelligence, machine learning, robotics and other emerging technologies, and the world’s largest manufacturer of video surveillance products and solutions, today announced that its U.S. Cybersecurity Road Show will kick off Tuesday, March 27, 2018 in Los Angeles, and travel to select U.S. cities over the next several months.
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.”