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Milestone names Thomas Jensen as new CEO

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08/18/2020

COPENHAGEN—After an extensive search for the right candidate, the Milestone Systems’ Board of Directors announced Thomas Jensen has accepted the role as new company CEO.

HID Global acquires Access-IS

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08/17/2020

AUSTIN, Texas—HID Global announced that it has acquired Access-IS, a provider of miniaturized reader devices that combine a number of key technologies ideal for mission-critical environments. 

Genetec breaks silence on patent trolls

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08/11/2020

MONTRÉAL—“We don’t negotiate payment with patent trolls,” Pierre Racz, president of Genetec Inc., said, as the company announced that a patent infringement lawsuit initiated by a non-practicing entity (NPE) was withdrawn by the NPE at an early stage in the proceedings.

Motorola Solutions buys Pelco for $110m in cash

SSN talks with company about its plans to keep and grow the Pelco brand
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08/05/2020

CHICAGO—Motorola Solutions announced it has completed the acquisition of video security solutions provider Pelco Inc. based in Fresno, Calif. for $110 million in cash.

Johnson Controls acquires Qolsys

Companies hope to create a global force in the converging intrusion and smart building markets
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08/05/2020

CORK, Ireland—Johnson Controls acquired the remaining stake of Qolsys Inc., a residential and commercial security and smart-home manufacturer, after owning a majority since 2014.

STANLEY Security partners with Evolv Technology

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08/04/2020

INDIANAPOLIS—Today, STANLEY Security announced its investment in Evolv Technology, a leader in artificial intelligence (AI)-based touchless security screening.

LenelS2 and FLIR Systems announce strategic collaboration

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08/03/2020

PITTSFORD, N.Y.—LenelS2 and FLIR Systems signed an agreement to integrate select FLIR thermal cameras with LenelS2’s OnGuard access control system.

Brivo launches financing program

New program reduces upfront investment for cloud-based solutions
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07/29/2020

BETHESDA, Md.—Brivo, a global leader in cloud-based access control and smart apartment automation, launched its financing program, allowing customers to implement access control, multifamily, or video surveillance projects with little to no upfront investment.

NAPCO hires senior VP of sales

Industry veteran Stephen Spinelli, formerly with Nortek, IEI, joins team
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07/28/2020

AMITYVILLE, N.Y.—NAPCO Security Technologies, Inc., announced the recent appointment of Stephen Spinelli as NAPCO senior vice president of sales, for all its corporate divisions — NAPCO Security, Alarm Lock, Marks USA & Continental Access.

Johnson Controls launches contactless skin temperature scanning solution

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07/27/2020

MILWAUKEE—Johnson Controls announced the launch of its smart elevated skin temperature scanning solution, the Tyco Illustra Pro Thermal EST.

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Poll

SSN News Poll October 2020

With the flurry of activity in partnerships and acquisitions recently — ADT partnering with Google to take on the smart home market; Motorola buying Pelco; Johnson Controls acquiring Qolsys; and S3 expanding into Western Virginia — this month’s News Poll looks to gauge the M&A market.