Anixter International Inc. News

Quantum expands video surveillance and physical security portfolio

Quantum Corporation today announced new product lines and capabilities which significantly expand its video surveillance and physical security product portfolio. The expanded portfolio includes:   A new line of network video recording servers A new line of servers for building management systems and GPU-based video analytics New capabilities for the VS-HCI Series, which the company launched in 2019 to provide hyperconverged infrastructure (HCI) for surveillance recording, video manag...

Anixter agrees to the new revised offer from WESCO after its Superior Company Proposal

Anixter International Inc. announces that the Anixter Board of Directors (the ‘Anixter Board’) determined that an offer from WESCO International, Inc. (‘WESCO’) constitutes a ‘Superior Company Proposal’ as defined in Anixter’s previously announced definitive agreement and plan of merger with an affiliate of Clayton, Dubilier & Rice, LLC (‘CD&R’). Under the terms of WESCO’s revised offer, WESCO would acquire Anixter for nominal...

Anixter International Inc. agrees to amend and restate Merger Agreement with Clayton, Dubilier & Rice LLC

Anixter International Inc., a global distributor of Network & Security Solutions, Electrical & Electronic Solutions and Utility Power Solutions, has agreed to a further amendment and restatement of the Amended Merger Agreement, the “Second Amended Merger Agreement,” with Clayton, Dubilier & Rice LLC (“CD&R”) to increase the per-share consideration payable to Anixter’s shareholders to $93.50 per share in cash, from $86.00 per share in cash and a $2.50...

Top ten security industry mergers and acquisitions of 2019

Two of the most familiar names in the physical security market – Pelco and Panasonic – underwent ownership changes during 2019. Consolidation continued on multiple other fronts. Security service companies, video companies and access control companies were all among the entities involved in merger and acquisition (M&A) activity during the last 12 months. In short, the industry landscape continues to transform in response to a changing market. Here's a look at the Top 10 M&A s...

Anixter enters into a definitive agreement to be acquired by Clayton, Dubilier & Rice

Anixter International Inc., a distributor of network & security solutions, electrical & electronic solutions and utility power solutions, enters into a definitive agreement with an affiliate of Clayton, Dubilier & Rice (‘CD&R’) to be acquired in an all cash transaction valued at approximately $3.8 billion. The transaction will result in Anixter becoming a private company and is expected to close by the end of the first quarter of 2020. Under the terms of the merger a...

Camden promotes David Price to Vice President, Communications and Corporate Development

Camden Door Controls, global provider of door activation, control and locking products, is pleased to announce the promotion of David Price to the position of Vice President, Communications and Corporate Development. David joined Camden Door Controls as Marketing Manager in 2010 and has been instrumental in the rapid growth of the company since that time. Door solutions expert In his new position, Price will continue to manage all internal and external corporate communications, Camden’s...

OSSA creating an app-based platform to disrupt the security industry

In today’s technology-driven markets, a platform is a business model that connects producers and consumers in an interactive ecosystem. Some examples of platforms are Uber and Airbnb, which have disrupted and transformed traditional markets. Isn’t it time to deploy the platform model in the physical security industry? That’s the goal of the Open Security & Safety Alliance (OSSA), a non-profit organisation. Interactions and exchange The book ‘Platform Revolution&rsqu...

SIA announced its 2019 executive committee and appointed five new members to its Board of Directors

The Security Industry Association (SIA) announced its 2019 executive committee and welcomed five new members to the SIA Board of Directors at The Advance, SIA’s annual membership meeting, during ISC West 2019 in Las Vegas, Nevada. New voting members At The Advance – held Tuesday, April 9, at the Sands Expo Center – the SIA Board of Directors ratified the selection of five new voting members of the Board of Directors to serve two-year terms from 2019 to 2021: Greg Hill, dir...

Senstar unveils Symphony Access Control and FiberPatrol FP400 intrusion detection system at ISC West 2019

Senstar, global provider of video management and perimeter intrusion detection solutions, is pleased to introduce two new products at ISC West - Senstar Symphony Access Control (AC) and the FiberPatrol FP400 zone-based intrusion detection system for fence applications. Symphony AC is an open software solution designed to support the industry’s most trusted brands of access control and intrusion hardware. Available as an extension to the Symphony Video Management Software (VMS), the module...

The Open Security & Safety Alliance membership doubles within six months; attracts players from different sectors

The newly established Open Security & Safety Alliance (OSSA or 'the Alliance'), a non-profit, non-stock corporation formed to outline specifications for a common standardised platform for security and safety solutions, announced that since its formation in Fall 2018, the organisation has grown by 50% and initiatives are in full-swing. The Alliance is quickly attracting players ranging from device manufacturers, software developers and system integrators to distributors and system on a chip (...

Open Security & Safety Alliance member companies to showcase innovative security solutions at ISC West 2019

The newly established Open Security & Safety Alliance (OSSA), a non-profit, non-stock corporation formed to outline specifications for a common standardised platform for security and safety solutions, will have a significant presence at ISC West 2019 next month as nearly a dozen member companies showcase innovative security and safety solutions to propel the industry forward. Alongside founding members Bosch Building Technologies, Hanwha Techwin, Milestone Systems, Pelco by Schneider Electr...

ONVIF to showcase access control solutions in Smart Building Environment at ISC West 2019

ONVIF, renowned global standardisation initiative for IP-based physical security products, announced that it will again be participating in ISC West 2019, April 10-12, at the Sands Expo in Las Vegas, Nev., with a presence in the exhibition as well as a speaker in the educational programming. ONVIF will host the ONVIF Lounge, Booth L0, in the lobby of the Sand Expo, where attendees can catch up with ONVIF for latest updates and also relax and recharge their mobile devices. In addition, ONVIF wil...