Dormakaba News

Top 10 mergers and acquisitions in the security industry for 2017

Rapid changes in the physical security market this year have largely overshadowed one arena where change has slowed down in 2017 – mergers and acquisitions (M&A). Although there were no “mega-mergers” as in years past (such as Axis-Canon and Johnson Controls-Tyco, M&A activity still made headlines last year on SourceSecurity.com. In 2017, we wrote about M&A news involving companies such as HID Global, Eagle Eye Networks, ADT, and Honeywell.   ...

dormakaba sponsors All-over-IP 2017 in Moscow

dormakaba Group, a provider of access and security solutions, has committed to be a sponsor of All-over-IP 2017 in Moscow, 22-24 November. All-over-IP is a premier networking event that drives business through lead generation, knowledge sharing and highlighting leadership practices across all segments of the IP-enabled world. "These days, when security has become an integral part of IT infrastructure and the corporate strategy that improves business operations and adds value, All-over-IP gives...

Touchless Biometrics Systems technology protects medical research at Celgene

Celgene’s business field is very sensitive. Researching, developing and marketing new therapies for treating hitherto incurable diseases requires security and know-how protection. In addition to the American headquarters in New Jersey, protection was also needed for the company’s European headquarters in Boudry, Switzerland. Biometric focus Celgene is an innovative high-tech company, and has equally high expectations for its security. It quickly became apparent that the focus shoul...

Intersec Saudi Arabia 2017 - Exhibition space nears full capacity

The event will focus on fire safety, access control, intrusion detection systems, and video surveillance Global players are counting down for the inaugural edition of Saudi Arabia’s foremost security, safety, and fire protection trade show in Jeddah, as exhibition space reaches full capacity ahead of opening in May 2017. Largest commercial security and fire safety market The inaugural edition of Intersec Saudi Arabia will feature more than 130 exhibitors from 25 countr...

dormakaba access management products and solutions to be showcased at Intersec Dubai 2017

dormakaba Virtual Design Centre is designed to provide an immersive experience, in a virtual environment dormakaba with over 150 years of experience and millions of installed products and solutions worldwide is participating at Intersec 2017, the largest safety and security event held in the Middle East. The company will be exhibiting its comprehensive and innovative range of access management products, solutions, and services, from a simple mechanical hardware, to physical ac...

Stanley Black & Decker to sell majority of mechanical security businesses to dormakaba for $725 million cash

The sale includes the commercial hardware brands of BEST Access, phi Precision and GMT Stanley Black & Decker, an S&P 500 global diversified industrial company, announced that it has entered into a definitive agreement to sell the majority of its Mechanical Security businesses to dormakaba for $725 million in cash. The sale includes the commercial hardware brands of BEST Access, phi Precision and GMT, which together represented LTM revenues and EBITDA of approximately...