Corporate news

Securitas acquires Tepe Güvenlik to enhance sales of their security solutions and electronic security products by 2023

Securitas, an intelligent protective services partner, has agreed to acquire Tepe Güvenlik A.S., an electronic security company in Turkey. Through this acquisition, Securitas becomes number two in the monitoring market in Turkey, and the acquisition is in line with the group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 10 (MSEK 100) on a debt-free basis. Electronic security solutions In 2020, Tepe G&uu...

PPA's new technologies reduce energy use in gate operators

Large companies and condominiums with an intense flow of vehicles need to keep strict control of energy bills, by checking if there are sources of waste or excessive spending. To help this public, PPA has developed a new line of gate operators that significantly reduce energy consumption. Responsible for the patented JetFlex technology, which achieved a worldwide reputation for its speed and performance, PPA currently exports its products to more than 30 countries and is a leader in the gate an...

Securitas acquires Protection One in Germany

Securitas, an intelligent protective services partner, has agreed to acquire Protection One, the German company specialising in remote technology-driven security solutions and electronic security. The acquisition will enhance Securitas’ protective services capabilities in Germany and is in line with the Group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 72 (MSEK 735) on a debt-free basis.  Remote...

SLRI releases new benchmark offers detailed comparison data for security programs

The Security Leadership Research Institute (SLRI) has released the results of its 2021 corporate security organisational structures, cost of services, and staffing benchmark. Highlights 41% of respondents operated at the Director level The average security budget reported was $13,254,850 On average, respondents reported one security employee for every 93 employees Security leaders have used the budget, title, and reporting data provided by this benchmark to avoid budget reductions and s...

Security and Safety Things GmbH collaborates with Prosegur for the development of a new Security Operations Centre environment

Security and Safety Things GmbH and Prosegur, one of the largest security companies in the world, have announced their collaboration on the development of a new Security Operations Centre (SOC) environment, leveraging the intelligence of innovative Artificial Intelligence infused video analytics and the expertise of Prosegur human operators to improve security services for customers around the globe. Prosegur will incorporate innovative, AI-infused video analytic applications from the Security...

SureCloud launches a go-to-market approach for their customers to de-risk their investment in IT GRC

SureCloud, a provider of IT governance, risk, and compliance (IT GRC) cloud-based solutions, has launched an innovative go-to-market approach for its customers to help simplify and de-risk their investment in IT GRC. The new approach has been devised as a response to typical industry pain points, such as failed implementations and additional, unforeseen services costs, that make investments in GRC technology risk for customers who find it almost impossible to ‘futureproof’ their sol...

HENSOLDT wins contract for German airspace surveillance

Sensor solutions provider HENSOLDT is supplying new radars to the German Armed Forces to modernise their airspace surveillance and build up Ballistic Missile Defence (BMD) capabilities. The Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) has placed an order for the delivery and installation of four long-range radars as part of the "Hughes Air Defence Radar Nachfolgesystem" (HADR NF) programme. For this purpose, Hensoldt has entered into cooperati...

APi Group Corporation announces agreement to acquire Chubb Fire & Security Business for US$ 3.1 billion

APi Group Corporation (APi Group) is pleased to announce that it has entered into a definitive agreement to acquire the Chubb Fire & Security Business (Chubb) from Carrier Global Corporation for an enterprise value of US$ 3.1 billion, which is comprised of US$ 2.9 billion cash and approximately US$ 200 million of assumed liabilities and other adjustments. Chubb Fire & Security Headquartered in the United Kingdom, Chubb has approximately 13,000 employees globally and a sales and service...

CloudSense deepens focus on innovation with the appointment of Brian McCann as the company’s new Chief Product Officer

CloudSense, the renowned provider of the world's most powerful Configure, Price, Quote, (CPQ) engine, has announced the appointment of Brian McCann as the new Chief Product Officer (CPO). Brian's addition to the team underlines the company's focus on product innovation across end-to-end revenue operations. AI, security and core network expert Brian McCann joins from Nokia Software, where he worked as the Chief Product Officer and Chief Technology Officer Brian McCann joins from Nokia Software...

MSA Safety announces investment and collaboration agreement with Perspective Robotics AG to enhance fire service offerings

MSA Safety Incorporated, the global pioneer in the development, manufacture, and supply of safety products that protect people and facility infrastructures announced it has established a joint development agreement with Perspective Robotics AG of Zurich, Switzerland. Established in 2014, Perspective Robotics AG develops advanced situational awareness tools that utilise tethered drone technology for first responder applications under the brand name Fotokite.   The two companies will co...

ASSA ABLOY welcomes new Building Safety Bill

ASSA ABLOY Opening Solutions UK & Ireland has welcomed the new Building Safety Bill, which will drastically overhaul building regulations in England and Wales. Introduced in the House of Commons on 5 July, the bill is the next step in ground-breaking reforms that will create lasting generational change and set out a clear pathway for how high-rise residential buildings should be constructed, maintained and made safe. Considerations such as inclusive design and fire door safety maintenance...

Vector Flow receives LenelS2 factory certification and joins the LenelS2 OpenAccess Alliance Program (OAAP)

Vector Flow has announced that it has received LenelS2 factory certification and joined the LenelS2 OpenAccess Alliance Program (OAAP). Vector Flow’s AI-enabled physical security automation platform interfaces with the OnGuard access control system, to strengthen customers’ security programmes, with integrated identity governance and improved compliance, across their entire cyber-physical security infrastructure. LenelS2 factory certification  “Vector Flow has completed...

Related videos

Video Management Systems: 5 Minutes With Exacq's Steve Donovan

Frictionless access control: 5 minutes with Rick Focke Tyco Software House

Cybersecurity - Nedap Security Management