SCHAUMBURG, Ill.—One day after Convergint Technologies acquired New York-based systems integrator Total Recall, Total Recall president Jordan Heilweil was boarding a plane to meet a new customer in Savannah, Ga.
THOROFARE, N.J.—In a transaction valued at $443 million, Checkpoint Systems, a supplier of retail security and asset management solutions, today announced that it has agreed to be acquired by CCL Industries, a specialty packaging solutions company, for $10.15 per share in cash.
STOCKHOLM—Network video provider Axis Communications on Feb. 1 announced the acquisition of Citilog, a provider of intelligent real-time video monitoring for traffic and transportation security and safety.
NORTH CANTON, Ohio—Securitas has agreed to buy Diebold’s North America-based electronic security division for $350 million. The divestiture by Diebold is aimed to better position it to pursue growth in the self-service industry, it said.
YARMOUTH, Maine—Google, in March of this year, acquired patents relating to residential security. Twelve months earlier, Google acquired the smart home thermostat Nest. Is Google planning a big move into the security space? Should the industry be nervous? Security Systems News readers were evenly divided among those who are worried, those who are not worried, and those who plan to worry about Google if and when it gets seriously involved in the industry.
NEW YORK—Apollo Global Management, a $163 billion private equity group, is in talks to acquire Protection 1 and ASG, with the goal of combining the two companies, a source close to the deal told Security Systems News.
TOKYO—In a bid that industry analysts told Security Systems News is intended to get Canon to increase its $2.8 billion offer for Axis Communications, Elliott Management, a New York hedge fund, increased its stake in Axis to 10.91 percent and has not yet sold those shares to Canon.
AUSTIN, Texas—Secure identity provider HID Global has acquired Quantum Secure, a provider of identity management software. Denis Hebert, HID Global CEO, told Security Systems News that the deal brings an important new capability to HID.
YARMOUTH, Maine—Google’s venture into home security and automation may turn out to be a very good thing for traditional resi companies, according to providers interviewed by Security Systems News.
