If this past year told us anything, it’s that remote services and consumer-friendly features hit home for the security industry. While the initial buzz that 2010 brought with IP video seemed to wear off a bit, the year made up for it with developments in biometrics, PSIM, thermal imaging, remote services and apps. Here’s a glance back at some of the news that hit the streets this past year:
• ADT’s commercial business acquires Proximex
• ASSA ABLOY acquired identity credentials provider LaserCard
• Avigilon goes public with IPO
• Chemguard bought out and to be integrated into Tyco’s Fire Protection Products business unit
• GVI Security—which lost its distribution agreement with Samsung Techwin America in January and partnered with LG in March—officially closed its doors August 26
• Infinova goes public with Chinese IPO
• Morpho Detection acquired Syagen Technology
• NYMPC goes up for sale
• ObjectVideo sues Bosch, Sony and Samsung on patent issues
• Optelecom-NKF merged with Netherland-based TKH Group and rebranded as TKH Security Solutions USA
• Stanley Convergent Security Solutions (Stanley CSS) acquired systems integrator Niscayah; and purchased another Sonitrol franchise, Electronic Protection Network
• Tyco split results in a three-way division of its residential/small business security business (driven by ADT North America); a commercial fire and security business; and a flow control products business
• Tyco International acquired Visonic Ltd
• UTC Fire & Security relaunched the Interlogix brand
• Verint Systems bought PSIM company Rontal Engineering Applications Ltd.
• Xtralis acquired HeiTel Digital Video
For more industry news, stay tuned for our December issue.
Natalia Kosk
Security Dealer & Integrator
About the Author
Natalia KoskNatalia Kosk
Assistant Editor
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In 2017, M&A in the physical security industry was valued at $6.213 billion, according to UK-based market research Memoori. The structure of the industry is still very fragmented with hundreds of small companies finding it increasingly difficult to compete. It looks inevitable that the general trend line of value and volume of M&A will continue upwards over the next five years.