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  • Allegion to divest Bocom Wincent
    Allegion, a leading global provider of security products and solutions, has signed, through two of its subsidiaries, a definitive agreement to sell a majority stake in Bocom Wincent Technologies Co., Ltd. (Bocom Wincent). American Industrial Acquisition Corporation (AIAC), through an affiliate, is p
    Editor / Provider: Allegion | Updated: 9 / 8 / 2015
  • Q&A with Battery Ventures on NICE physical security acquisition
    In early August, NICE Systems announced it will be selling its physical security business unit (PSBU) to Battery Ventures, an American venture capital and private equity firm for a sum of up to US$100 million. The new company will become a standalone company headquartered in New Jersey, U.S. — with
    Editor / Provider: Israel Gogol, Freelancer | Updated: 8 / 20 / 2015
  • Allegion finalizes acquisition of Milre Systek
    Allegion has completed the previously announced acquisition of Milre Systek Co. through one of its subsidiaries, the comppany announced.
    Editor / Provider: Allegion | Updated: 8 / 11 / 2015
  • McDonald's turns to Hikvision for security in Malaysia
    Hikvision Digital Technology and their Malaysian partner, AAC Distribution, have recently completed a mass scale CCTV installation for McDonald's Corporation in Malaysia.
    Editor / Provider: Hikvision Digital Technology | Updated: 8 / 7 / 2015
  • Nice Systems to sell physical security unit to Battery Ventures
    NICE Systems has entered into an agreement to sell its physical security business unit to Battery Ventures, a technology investment firm, for a total consideration of up to $100 million, comprising of $85 million in cash and up to additional $15 million based on future performance.
    Editor / Provider: Nice Systems | Updated: 8 / 4 / 2015
  • SCATI provides centralized security in 300 ATMs in Colombia
    SCATI CASH is a specific solution used to reduce fraud in branch and remote ATMs by associating transactions with video and improving transaction traceability. SCATI CASH makes it easier to detect frauds in real time, checks good practices in users and their cards and improves preventive security by
    Editor / Provider: SCATI | Updated: 7 / 1 / 2015
  • Allegion to acquire electronic lock company SimonsVoss
    Allegion, a leading global security products and solutions provider, has agreed, through its subsidiary Allegion Luxembourg Holding & Financing S.à r.l, to acquire SimonsVoss Technologies GmbH from HgCapital. The transaction is expected to close in the third quarter of this year, subject to regulato
    Editor / Provider: SimonsVoss | Updated: 6 / 30 / 2015
  • LILIN surveillance for high-risk banking environments
    Financial institutions and/or banks need dependable backup system. LILIN new NVR series (NVR1400/2400) with RAID storage solutions provide redundant recording and access to IP video data. RAID redundant storage function ensures video data is never lost in the event of a hard drive failure. LILIN 16-
    Editor / Provider: Sponsored by LILIN | Updated: 5 / 25 / 2015 provides weekly and monthly e-Newsletters which include the latest security industry news, vertical solution case studies and product information.

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