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  • Kratos Defense & Security Solutions' Q2 revenue falls 21.4 percent
    For the second quarter ended June 28, 2015, Kratos generated revenue and adjusted EBITDA from continuing operations of $160.5 million and $12.1 million, respectively. GAAP EPS was a loss of $0.25.
    Editor / Provider: Kratos Defense & Security Solutions | 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
  • Dorma and Kaba announce merger plans
    Kaba Holding AG, headquartered in Rümlang (Switzerland), and family-owned Dorma Holding GmbH + Co. KGaA, headquartered in Ennepetal (Germany), plan to merge to become the dorma+kaba group. A corresponding transaction agreement was signed on April 29th evening.
    Editor / Provider: Kaba | Updated: 5 / 4 / 2015
  • Hikvision releases iVMS-5200 professional software
    Comprehensive video management system answers demands for enhanced and robust security, dramatically simplified operation and optimized security management through complete vertical-market solutions, smart features and open architecture.
    Editor / Provider: Hikvision | Updated: 4 / 1 / 2015