FLIR Systems, Wilsonville, Ore., a supplier of thermal imaging technology, acquired Lorex Technology, and its subsidiary company Digimerge Technologies for $1.32 per share, representing an aggregate purchase price of $60 million.
Last year, the industry’s eyes took a second look at Michigan as new bills were introduced and backed by some new entrants to the industry — showing promise of spreading to other states. The bills were introduced on Sept. 19 and moved through the legislature at high speed. Despite the security alarm industry, law enforcement and Michigan’s Department of Licensing and Regulation speaking out against them, on Jan. 2, 2013, Senate Bills 1291 and 1292 were signed into state law as Public Acts PA 580 and PA 581.
When it comes to video surveillance, reducing failure rates can sometimes be the most critical (and puzzling) part of the job. HDSTOR, Phoenix, Ariz., a specialized hard drive distributor, started doing business in the security industry four years ago with the goal of increasing the reliability of these systems.
Pinnacle Security, Orem, Utah, has been in the news lately with several sales of various assets. Signs point to the dissolution of this company. And with rumors that parent company Golden Gate Capital is looking for a buyer for Devcon Security, this could mean Golden Gate is bowing out of the security industry. A spokesperson for Golden Gate Capital declined to comment.
AT&T announced plans to commercially launch AT&T Digital Life in eight markets this March. The company began testing out its all-digital, wireless-based home security and automation service in Atlanta and Dallas during the summer of 2012 and is now getting ready to roll it out nationwide.
In the midst of one of the most unpredictable winters in recent memory, SedonaOffice users got a chance to enjoy the temperate weather and quiet luxury of Marco Island, Fla., during the 2013 SedonaOffice Users Conference.
According to the 2011 edition of the FBI’s annual report Crime in the United States, part of the FBI’s Uniform Crime Reporting (UCR) program, that was released in Oct. 2012, the estimated number of property crimes in 2011 declined for the fifth consecutive year
In our August issue, we present "State of the Market: Smart Home". Check out the winners of "The 14th Annual Monitoring Center Excellence Awards" and "3 Recommendations for Making the Most of Today’s Intercoms". Also, check out the "5 Critical Factors for Video Power & Transmission Success".