Access Control Technology News
One of the biggest recent security divestitures in the news was the sale of Mercury Security to HID Global, which occurred around a year ago. The seller in that transaction was ACRE (Access Control Related Enterprises), also the parent company of Vanderbilt and ComNet. We recently spoke to founder and CEO Joe Grillo, a 30-year industry veteran, about the mergers and acquisitions (M&A) market, ACRE’s future, and new opportunities opened up by the Mercury sale. Q: What’s new wit...
Convergint Technologies has announced the acquisition of New Jersey-based Access Control Technologies (ACT), bringing further electronic security systems experience to Convergint's deep breadth of service capabilities. Convergint Controls ACT’s Security Solutions Headquartered in Clifton, NJ, ACT provides integrated security solutions involving access control, video surveillance, identity management and alarm monitoring to over 1,000 customers in New York, New Jersey, Connecticut, Delaw...
The year of 2016 ended with Vanderbilt finalizing the acquisition of Access Control Technology Ltd., which strengthened the company’s product portfolio and introduced an entirely new market segment to partners and customers in Ireland and the United Kingdom. ACT brings an existing cloud-based access control solution to Vanderbilt, thereby complementing the existing product mix. This new technology adds significant value to our customers in Europe, and we plan to deliver it to our customer...
Merger and acquisition activity has become a familiar topic in the physical security market. In 2016, SourceSecurity.com covered M&A news involving some of the industry’s largest companies, including high-profile names such as Tyco, Honeywell, Hikvision, ADT, and Ingram Micro. Here’s a look at the top 10 M&A stories in 2016, as covered by SourceSecurity.com: 1. Johnson Control And Tyco merge Johnson Controls and Tyco announced their merger into one comp...
Vanderbilt’s acquisition of ACT will expand their reach with cloud-based access control system and VMS Vanderbilt, a global provider of state-of-the-art security systems, announced it has entered into a definitive agreement to acquire Access Control Technology Ltd (ACT), based in Dublin, Ireland. This purchase will enhance Vanderbilt’s strategic expansion plans for strengthening its access control business and product portfolio. This is the latest M&A activ...
Dozens of suppliers, dealers, installers and industry organisations participated in our First Annual Security Market Review and Forecast 2014 was a great time to be in the security industry, and 2015 will be even better. This is the optimistic view shared among industry leaders contacted by SourceSecurity.com and asked to reflect on the market in 2014 and to look ahead to the New Year. Dozens of suppliers, dealers, installers and industry organizations participated in our...
A return to quality and service will transcend the overall desire for price in the marketplace in 2015 ACT 2014/2015 Review and Forecast: 2014 has proved to be a positive year that displayed an increase in activity. The perception of an expanding U.S. economy has provided the impetus for corporate America to release capital security projects that have been held in abeyance for an exceedingly long time. Also, large-scale capital expenditures have become available for the first...
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