Last month, UTC Climate, Controls & Security announced the sale of its security integration business to private equity firm, Comvest Investment Partners.
Things are changing at Kissimee, Fla.-based Micro Key Solutions. And yet the company’s mission to support its clients’ businesses through focused and continuous development hasn’t wavered. The provider of central station and back-end management software held its 19th annual Users Conference at the Rosen Plaza Hotel in Orlando, Florida, February 7 to 10, 2012.
While varying regulations implemented by local authorities can be counter-intuitive and cumbersome to keep up with as well as result in fines and extra expenses for integrators, more widespread regulations can also drive business for systems integrators.
A series of acquisitions, new branch openings and increase in staffing that ASG, Beltsville, Md., describes as “explosive growth” can be further characterized as an extraordinarily controlled and calculated explosion. In the past year, not only did ASG acquire two companies, grow its RMR base by 16 percent, set a “300 strong” sales force goal and open two new branches; the company managed that growth with a level head, putting its customers first and always keeping the big picture in mind.
In past years, the end of a calendar year signaled “acquisitions season.” As the year ends and companies endeavor to take advantage of much needed tax breaks, the industry typically is flooded with news of mergers and acquisitions (M&A). In recent recession years, this seemed an indication of the security industry’s resilience and ability to thrive while other industries faltered. However, 2011 seemed quieter than others and we set out to find out why, while the industry continues to do well, merger and acquisition activity is down.
Verizon’s new Home Monitoring and Control service is being touted by the company as the gateway to a smart home that puts technology in the hands of customers, freeing them to access and control their homes from anywhere.