WESTFORD, Mass.—Tyco completed its separation transaction today, forming the world’s largest dedicated fire protection and security company as measured by market share, according to a company statement.
It’s been a busy two days for Amy Canfield (the new lead editor for our sister publication Security Director News) and I here in Philly at the ASIS show.
RESTON, Va.—Video analytics provider Object Video announced in June that it has signed a patent licensing agreement with Vivotek. Meanwhile, its patent battle with major video surveillance providers Samsung and Bosch will continue, with an International Trade Commission trial scheduled to begin this week.
LAS VEGAS—At the National Fire Protection Association’s annual Conference & Expo, held here in June, SimplexGrinnell President Bob Chauvin said Tyco International’s pending split into three publicly traded companies on Oct. 1 will benefit SimplexGrinnell.
DALLAS—When AT&T announced on Monday that it will begin trials this summer of Digital Life, its home security/home automation service, here and in Atlanta, mainstream newspapers reported that the company was looking to potentially grow the service into a $1 billion business.
Taking another step toward independence, ADT on April 10 announced the post-split management line-up, highlighting the appointment of Kathryn Mikells and laying out ADT North America’s financials, key performance metrics, strategic priorities and more in a Form 10 registration with the Securities
Here’s Part II (I posted Part I yesterday) of a blog with some Tyco post-split details, which I found in the process of reviewing the Tyco International Conference Call.
Will ADT grow its dealer or internal sales groups post split? How will Tyco save $400 million to $500 million mostly from the new Commercial Fire and Security division?
YARMOUTH, Maine—The security industry bodies that have stepped forward to advocate for a standardized future for physical security have all made moves and issued press releases recently that tout progress being made. SIA, PSIA and ONVIF all say that in the short time since ISC West, more and more compliant products have been released and have been demonstrated to work seamlessly together.
