Also in the news this week, Tech Data Corporation announced that it was further expanding its distribution of IP video solutions. The company has primarily been a distributor of IT products for the VAR community, but as security technology has become networkable, the company has expanded into what were traditionally physical security products.
Honeywell has agreed to acquire Metrologic Instruments, a manufacturer of bar code readers and related technologies. The bar code company will fit into Honeywell Security. If I had to speculate on why this was a fit for Honeywell Security, I'd guess it's the fact that EAS deactivation can be tied into handheld bar code scanners, or that the company has offered a software system that converts data on military IDs and most state driver's licenses. Bar codes aren't just for retail checkouts and warehouse inventories; they've become a vital part of security-related identification and authentication. The purchase price was a cool $720 million.
And if the gas price increases have put you in a pinch, you know that criminals are working to get around them. In Orlando, police reported that a team of criminals were using a computer device to hack gas pumps, allowing them to bypass the credit card reader/pre-pay requirement.
Finally, we close with a look at the most read articles of the week: