Easy to set-up, the Lyric Gateway installs quickly with either Ethernet or Wi-Fi connectivity Honeywell, a provider of connected homes solutions, announced a new addition to its Lyric Security and Home Control platform that seamlessly allows consumers to control their home security and automation systems on their personal devices. The Lyric Gateway is designed for the mobile lifestyle and opens up new markets—including renters, condo and second home owners, and those who frequently move—to security dealers and integrators. Honeywell Total Connect Remote Services app The Lyric Gateway, which can be placed anywhere in the home using the included desk stand, serves as the central hub for controlling the entire Lyric wireless connected platform. Through the Honeywell Total Connect Remote Services app, consumers can control all aspects of their Lyric connected home system including the Lyric Round Wi-Fi Thermostat, Total Connect video cameras and Z-Wave enabled devices. "Many people prefer to manage their lives through their mobile device—and controlling their home is no different" “Many people prefer to manage their lives through their mobile device—and controlling their home is no different,” said David Paja, President of Security and Fire, Honeywell Home and Building Technologies. “The Lyric Gateway provides these customers with a wireless, flexible and connected system that’s ideal for life on the move. It gives consumers, such as renters and condo owners, the opportunity to have a professionally installed and monitored security system without the need to drill holes and snake wires.” Lyric Gateway installation Easy to set-up, the Lyric Gateway installs quickly with either Ethernet or Wi-Fi connectivity. It also uses radio communications as a backup, which removes the need for an urgent dealer response to communication protocol changes. The radio is user-replaceable, which puts more power in the hands of the consumer and therefore helps reduce the need for a dealer to dispatch a service technician. “Security solutions are evolving quickly, particularly in the residential market,” said Paja. “The Lyric Gateway will enhance dealers’ business models by enabling them to reach new customers, increase their RMR, and provide a great customer experience while reducing their operational costs.” The entire Lyric Security and Home Control platform, including the encrypted Honeywell SiX Two-Way wireless sensors, is supported by the AlarmNet 360 online dealer platform, which simplifies business management for systems integrators and dealers.
Xtralis will be integrated into Honeywell’s Automation and Control Solution strategic business group Honeywell announced that it has completed its acquisition of Xtralis, a leading global provider of aspirating smoke detection, advanced perimeter security technologies, and video analytics software for $480 million. Fire verification and perimeter security technologies “The acquisition of Xtralis is a good strategic fit to our current fire detection portfolio and will bring unique capabilities and customer solutions in remote visual verification of fire and intrusion risks, advanced perimeter security technologies, and video analytics software,” said David Paja, President, Honeywell Security and Fire. “This acquisition helps us expand our Critical Infrastructure Protection (CIP) business and will help enable strong growth in the coming years.” Xtralis aspirating smoke detection solutions protect many Fortune 500 companies, iconic sites, and critical infrastructures worldwide to provide very early warning and verification of threats to speed response time and minimise facility damages and potential injuries. The company will be integrated into Honeywell’s Automation and Control Solution strategic business group.
In a year of mega-deals impacting the security marketplace, one of the big news stories recently was a deal that did not happen – between giants Honeywell and United Technologies (UTC). Financial news pages have been full of the back-and-forth between these two companies. It seems Honeywell wanted to merge with UTC, but UTC declined because of “insurmountable regulatory obstacles and strong customer opposition.” So the deal is off, at least for now. Impact on the security market The deal, which could have resulted in a $160 billion conglomerate, involves many more business units than security, of course. United Technologies and Honeywell both operate in a long list of business categories. Some of them compete, which is the reason for possible antitrust (regulatory) concerns. The security part of the puzzle isn’t even the largest, and yet such a merger could have a big impact on our industry, which has already been rocked by the Johnson Controls-Tyco and ADT-Protection 1 deals announced in the last month or so. Although the merger is officially off, one wonders if some other scenario could surface. There are often questions in our industry about whether a large conglomerate is the best environment for security manufacturing and distribution businesses to thrive, or if they might better succeed in a different situation. The question becomes even bigger if the conglomerate doubles in size (and starts looking for ways to cut expenses to justify the merger to shareholders). Honeywell emerged as a topic on the business pages in another context, too. The company is looking to sell its building-solutions business (which includes some of its security market presence), worth between $3 billion and $4 billion, according to one report. So at the same time they are trying to accomplish a megamerger (with UTC), Honeywell is looking to sell off one of its business units. The sprawling conglomerate is looking to become either bigger or smaller. This narrative, too, could play out any number of ways. We need a scorecard to keep up with what’s going on among some of the security industry’s largest players. Who knows what will come next or when? Stay tuned. Other acquisitions by Honeywell Amid all this non-news are also some actual events: Honeywell announced the acquisition of RSI Video Technologies, a provider of intrusion detection with video verification sold under the Videofied product line. About a month ago, Honeywell acquired Xtralis, a provider of early fire and intrusion detection technologies. Both these businesses fit well with their security and fire portfolio and appear to build on their value to the market. David Paja, President, Honeywell Security and Fire, said the Xtralis acquisition “strengthens our offering for critical infrastructure and high-value assets." It’s good to know they are building their security presence even as broader questions and corporate machinations grab the headlines.
The acquisition of RSI enhances Honeywell’s ability to meet increasingglobal customer need for video verification Honeywell announced that it has acquired privately held RSI Video Technologies (RSI), a leading global provider of intrusion detection systems for commercial and residential security applications under the brand Videofied®, for approximately $123 million (€113 million). $123 million deal RSI’s wireless battery-powered motion detectors with built-in cameras deliver live, high-quality video over the cloud to central monitoring stations and end-users. The acquisition enhances Honeywell’s ability to meet the increasing global customer need for video verification, and it also brings a unique do-it-yourself (DIY) offering combined with professional monitoring. “RSI complements Honeywell’s industry-leading security portfolio, and brings significant new technology and software that provides added value to our security dealers and channel partners,” said Alex Ismail, President and CEO, Honeywell Automation and Control Solutions. “The industry has been looking for ways to reduce the burden on local law enforcement resources responding to false alarms,” said David Paja, President of Honeywell Security and Fire. “RSI helps reduce false alarms by providing cost-effective indoor and outdoor video verification solutions to dealers and central monitoring stations.” Founded in 2000 and based in Strasbourg, France, with key operations in Minnesota, RSI has one of the largest installed bases of video-verified alarm systems in the world, with more than 1 million installations in more than 60 countries. It has approximately 110 employees in France and the U.S. Videofied teams wireless alarm systems & video verification In 2001, RSI concentrated its efforts on developing a wireless alarm system with video verification: the Videofied product range. The first generation of Videofied product was introduced to the market in late 2002. RSI Video Technologies offers a solution to the issue of false alarms and unnecessary dispatch, through video verification. Today, the Videofied offering integrates cameras, illumination and motion sensors in a single device (MotionViewers®); with a full complement of accessories including sirens, arming devices and sensors that work together seamlessly as a complete security solution. Multi-path transmission of events over Ethernet/IP and the cellular network provides reporting flexibility. All system components are self-powered and operate on batteries, allowing for completely wireless video alarm security – detection, illumination, video capture and transmission. RSI will become part of Honeywell Security and Fire, a business unit of Honeywell Automation and Control Solutions. Honeywell Security and Fire is a leading global manufacturer of electronic security and life safety technologies for commercial buildings, industrial sites and homes worldwide. With systems installed in millions of buildings and homes worldwide, RSI will benefit from Honeywell’s global scale and channels and end-to-end security and fire offerings.
Honeywell has entered into a definitive agreement to acquire Xtralis, a leading global provider of aspirating smoke detection along with advanced perimeter security technologies and video analytics software, for $480 million from funds advised by Pacific Equity Partners and Blum Capital Partners. Xtralis smoke detection solutions for facility security and incident management Xtralis aspirating smoke detection solutions protect many Fortune 500 companies, iconic sites and critical infrastructures worldwide. They are used in data centres, historical buildings, airports, industrial sites and manufacturing facilities to provide very early warning and verification of threats to speed response time and minimise facility damages and potential injuries. Honeywell fire and security business expansion "This acquisition fits perfectly with Honeywell's technology innovation and leadership," said Alex Ismail, President and CEO of Honeywell Automation and Control Solutions. "Xtralis' early smoke detection and advanced security technologies and video analytics software complement our growing Security and Fire business, and show our commitment to making the world safer and more secure.” The transaction is expected to close in the second quarter of 2016 subject to customary closing conditions, including regulatory approvals The company is headquartered in Dublin, Ireland, with approximately 500 employees across Europe, Middle East, Africa, Asia Pacific and the Americas, and has more than 30 years of fire and security experience. The transaction is expected to close in the second quarter of 2016 subject to customary closing conditions, including regulatory approvals. Critical infrastructure security and asset protection "Xtralis is a fantastic addition to the Honeywell portfolio that strengthens our offering for critical infrastructure and high-value assets," said David Paja, President, Honeywell Security and Fire. "Eliminating downtime for an IT data centre is mission critical considering that the average revenue loss due to a fire or smoke is more than $5 million a week. The addition of Xtralis to our portfolio enhances our ability to meet the needs of our customers for early and reliable smoke detection." The company pioneered the development of very early warning technology that can detect smoke in a facility at an early stage of a fire, which gives emergency responders precious additional time to help prevent or minimise physical damage and injury. Upon completion of the acquisition, Xtralis will become part of Honeywell Security and Fire, a business unit of Honeywell Automation and Control Solutions. Honeywell Security and Fire is a leading global manufacturer of electronic security and life safety technologies for commercial buildings, industrial sites and homes worldwide.
Paja joined Honeywell in 2003 and most recently served as vice president and general manager for Honeywell in India Honeywell recently announced the appointment of David Paja, 45, as president of Honeywell Security Group, effective January 19. Paja succeeds Ron Rothman, who is retiring from Honeywell to spend more time with family. In his new role, Paja will lead Honeywell’s nearly $3-billion global security business, which includes a broad portfolio of leading security products and technologies, as well as ADI, a distributor of security and low-voltage products. Paja will be based in Melville, N.Y. and will report to Alex Ismail, president and CEO of Honeywell Automation and Control Solutions. Paja joined Honeywell in 2003 and most recently served as vice president and general manager for Honeywell Transportation Systems in China and India, where he led a team that drove significant growth for the business, securing long-term contracts with domestic and global OEMs. Prior to that, he served as vice president of global marketing for Honeywell Turbo Technologies, where he led strategic planning, product strategy and business development worldwide. While in that role, he helped secure Honeywell’s position as the preeminent leader in the global turbocharger industry, expanding into new segments, driving growth in key European markets and expanding the company’s position in high-growth regions. “David is an accomplished leader, who will build on Honeywell Security Group’s strong industry position at the forefront of technology for the Connected Home and the Connected Building,” said Ismail. “David’s diverse background builds on generations of leadership in the security industry in dynamic new ways. He has broad experience in understanding the needs of customers in both developed markets and high-growth regions, and has a proven track record of driving new product introductions and innovation that result in expanded growth for the company.” “I would like to thank Ron Rothman for his leadership and significant contributions to both Honeywell and the industry, and I wish him and his family the best,” said Ismail. “Ron has been a strong and passionate leader. In his more than 30 years in the security industry and at Honeywell, he built lasting customer relationships and drove the development of innovative products and solutions that helped transform the market. He has been a driving force in making Honeywell a security industry leader and positioning the organisation for ongoing growth and success.” Rothman has served as president of Honeywell Security Group since January 2010 and will remain with Honeywell through June to assist with the transition.