Anixter International Inc. News

Anixter and MasTec Network Solutions announce building neutral host networks for improved coverage

Anixter and MasTec Network Solutions have teamed up to help build and manage neutral host networks for improved coverage and capacity across in-building and outdoor wireless systems. By providing a single distributed antenna system (DAS) or small cell network that multiple mobile network operators (MNOs) can connect to, these systems enable greater flexibility and reliability for building/venue users, as well as simplified network management, agility and cost benefits for building/venue owners....

WESCO International Announces Completion Of Merger With Anixter International

WESCO International, Inc., a provider of business-to-business (B2B) distribution, logistics services and supply chain solutions, announced it has completed its merger with Anixter International Inc., creating a premier, global B2B distribution and supply chain solutions company. Upon completion of the merger, Anixter became a wholly owned subsidiary of WESCO International. Anixter’s shares ceased trading prior to the market open on June 22, 2020, and each share of Anixter common stock has...

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 provides supporting relief efforts to Hurricane Dorian-hit customers in the Bahamas

Over Labour Day weekend 2019, Category 5 Hurricane Dorian hit the Bahamas head on, devastating the islands and destroying homes, infrastructure, communications and power. Anixter’s customers -LLA, Cable Bahamas and BTC - who supply voice, video, data and wireless services to the Bahamas, reached out to Anixter for help in supporting relief efforts for their employees and customers, while helping them get the islands’ communications infrastructure back up and running quickly. The Ani...

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...

Interlogix announces the closing down of its operations in North America by the end of 2019

Interlogix has recently announced that they will be winding down their operations in North America by the end of 2019. Anixter’s goal is to ensure that the customers have access to the solutions they need to operate their business effectively. They have a wide array of world-class technology partners and products including intrusion, video, access control and connectivity, that provide excellent alternative options to Interlogix products and solutions.

Anixter Inc. announces a new facility at Roseville in California

Anixter Inc. celebrated the opening of its new location in Roseville, California, with a ribbon-cutting ceremony and open house. Anixter executives, employees, customers, supplier partners and representatives from the Roseville Area Chamber of Commerce were all in attendance for networking, product demonstrations and tours. The new Roseville office, which replaces Anixter’s office in Sacramento, is part of Anixter’s plan to enhance customer experience and improve efficiency by conso...

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...