Showing posts with label acquisition. Show all posts
Showing posts with label acquisition. Show all posts

Wednesday, October 6, 2021

Nice strengthens Global Smart Home & Building Automation Leadership Position


#Nice strengthens Global Smart Home & Building Automation Leadership Position with #Nortek Security & Control LLC #Acquisition | #TpromoCom #SmartHome #BuildingAutomation | Nice announced today it has acquired Nortek Security & Control, LLC from Melrose Industries. https://bit.ly/3Af1E5R

Nortek Security & Control is a leading developer of technology for security, home automation, control, power, AV and entertainment, access control, health, and artificial intelligence (AI) systems for residential and commercial markets.

With this acquisition and addition of strategic award-winning brands - including 2GIG®, ELAN®, Linear®, MightyMule®, Proficient®, SpeakerCraft®, Gefen®, Xantech®, Panamax®, Furman®, numera®, and IntelliVision® - Nice expands its portfolio to provide a full suite of integrated solutions for residential, commercial, industrial, and government customers, from consumer DIY to custom and professionally-installed specialized products and high-security applications.

The move substantially strengthens the presence of Nice in the North American market and doubles its R&D capacity to further accelerate innovation and expansion of platform-based integrated solutions, considerably enlarging the Nice customer base globally in a fast-growing market. The partners of Nice and Nortek Security & Control will experience an enhancement of their current relationships through a larger organization with an even stronger commitment to the channel. Nice is a global company with a regional presence to focus on its local markets and partners.  

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Thursday, June 17, 2021

AlarmQuest Acquires 360 Security & Sound

AlarmQuest Acquires 360 Security & Sound | #TpromoCom #Security #AlarmQuest #Acquisition | North Carolina-based AlarmQuest has purchased the client accounts of 360 Security & Sound. Founded in 2005 and based in Winston-Salem, North Carolina, 360 provides both residential and commercial security (sdmmag). https://bit.ly/2TGUkRb

With offices in Winston-Salem and Statesville, North Carolina, AlarmQuest is an independently owned commercial and residential security alarm business servicing customers throughout the southeast.

To read the remainder of this news story, click here.





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Friday, May 21, 2021

Wayne Alarm Systems Acquires North Shore Protection

Wayne Alarm Systems Acquires North Shore Protection
| #TpromoCom #WayneAlarm #Security #Acquisition | Established more than 35 years ago by Jim Wiswall and Richard Colangelo, North Shore Protection serves over 700 customers in the Boston area (SSI). https://bit.ly/3444PzQ

The purchase further increases Wayne Alarm’s footprint in the greater Boston area as the company continues to grow and expand.

“The combination of North Shore Protection with our company increases our market share, adds to our geographic presence and provides our new clients with even greater access to new security technologies including video, access control, fire and intrusion,” says Ralph Sevinor, president and founder of Wayne Alarm Systems. 

To read the remainder of this news release: 


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Tuesday, January 5, 2021

FLIR Systems to Be Acquired by Teledyne for $8B


FLIR Systems to Be Acquired by Teledyne for $8B
 
| #TpromoCom #Flir #Acquisition #Business | FLIR’s CEO says together the companies will “offer a uniquely complementary end-to-end portfolio of sensory technologies for all key domains and applications.” (securitysales.com) http://bit.ly/3nh6WYb
Under the terms of the agreement, FLIR stockholders will receive $28.00 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share, which implies a total purchase price of $56.00 per FLIR share based on Teledyne’s 5-day volume weighted average price as of Dec. 31, 2020.
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