Milestone Systems announces new Chief Technology Officer

Milestone Systems, the open platform company in video management software (VMS), announced that Bjørn Skou Eilertsen, former Vice President Business Unit Corporate Products, will take on a new role as Milestone’s Chief Technology Officer (CTO). At the MIPS 2016 partner conference, Mi

Hanwha Techwin forges global partnership with ImmerVision

Hanwha Techwin (formerly Samsung Techwin) signed a global technology partnership agreement on August 30th with ImmerVision, the inventor of the 360-degree panomorph lens and worldwide expert in immersive optical technology. ImmerVision is a company based in Montreal, Canada. With this partnership

Johnson Controls and Tyco complete merger

With a vision to create a safe, comfortable and sustainable world, a newly formed Johnson Controls begins operations following the successful completion of its merger with Tyco, marking a historic turning point for both companies. By uniting Johnson Controls, the number one provider of building e

Assa Abloy sees strong growth in mature markets

Second quarter Net sales increased by 5% to SEK 17,894 M (17,082), of which 4% (4) was organic growth and 4% (3) was acquired growth Strong growth in Americas, EMEA and Global Technologies and good growth in Entrance Systems Negative growth in Asia Pacific owing to weak demand in China C

Magal awarded large contract to secure the city of Holon in Israel

Magal Security Systems announced that it signed a framework agreement to supply a safe city turnkey solution for the city of Holon in Israel. The project will be implemented over a five-year timeframe and, if fully implemented, the scope will reach US$5 million. The portion to be delivered in 2016 i

FLIR Systems announces Q2 2016 financial results

FLIR Systems announced financial results for the second quarter ended June 30, 2016. Second quarter 2016 revenue was $402.7 million, up 2 percent compared to second quarter 2015 revenue of US$393 million. Year-to-date revenue of $782 million was 6 percent above the prior year. Operating in

Mobotix wins patent challenge again

Following a request from Mobotix to review the validity of U.S. Patent No. 6,975,220, the U.S. Patent & Trademark Office (USPTO) ruled that the main claims of the patent are invalid and will be canceled. Back in 2013, the digital video surveillance patent had been asserted in lawsuits filed b

Tyco integrates SG-System 5 with Manitou central station software

Tyco Security Products is announcing an enhanced integration between its SG-System 5 receiver and Bold Technologies' Manitou central station software. The enhanced integration means that Manitou now supports visual alarm verification provided through SG-System 5 to provide central stations with

Assa Abloy acquires Nassau in Denmark

Assa Abloy has signed an agreement to acquire Nassau in Denmark, an important European supplier of industrial overhead sectional doors. "I am very pleased that Nassau is joining the Assa Abloy Group. I welcome this addition that further reinforces the Assa Abloy Group's leadership in ent

Axis acquires Cognimatics to strengthen retail offering

Axis Communications announced the acquisition of Cognimatics, a leading company of store optimization solutions targeting the retail sector. Cognimatics’ technology is for example used for people counting, queue measurement and occupancy estimation. The addition of Cognimatics’ knowledge