Dormakaba News

Security Industry Association Announces The Winners Of The 2020 SIA New Product Showcase Awards

The Security Industry Association (SIA) has announced the 2020 winners of the SIA New Product Showcase Awards, the flagship awards program in partnership with ISC West recognizing innovative security products, services and solutions. Top among the winners – who were recognized July 9 during a virtual awards show – was Leica Geosystems, part of Hexagon, receiving the 2020 Best New Product Award. Since its inception in 1979, the SIA New Product Showcase has been the security industry&...

Dormakaba UK & Ireland Acquires 1st Access Group Ltd

With immediate effect, Dormakaba UK & Ireland has acquired 1st Access Group Ltd, an award-winning company specialized in premise security and redesigning shopfronts including aluminum shopfronts, windows, roller shutter, and automatic door requirements. Paul Wright, Managing Director of Dormakaba UK and Ireland Ltd, comments “We are delighted to welcome the team from 1st Access Group and through the synergies of our businesses driving further sustainable growth and service excellence...

dormakaba Acquires Action Doors Ltd., As Part Of Its Business Expansion Plan

dormakaba acquired Action Doors Ltd. on the 6th January 2020, a business move that will see dormakaba UK further expand its service and maintenance offering. Automatic and manual doors Action Doors Ltd., based in Hertfordshire, United Kingdom, has been in operation since 1996 and is a long-standing service provider of 24/7 maintenance and installation of automatic and manual doors, predominantly working on a commercial client base comprised of local authorities, education, care and retail sect...

STANLEY Drives IT-Centric Solutions For Security And Greater Business Value

As security embraces IT-centric solutions, it can provide business value over and above security. Now in charge of managing a variety of data – e.g., from video platforms – a company’s security function has access to a range of new metrics. While security may use video to analyze a security event, machine learning can analyze the same data for other business capabilities, such as quality control or when a policy has been breached. “It’s the same camera, but with d...

Security Industry Association Announces Winners Of The 2019 Legislator Of The Year Award

The Security Industry Association (SIA) has named Sen. Amy Klobuchar (D-Minn.), Sen. Deb Fischer (R-Neb.) and Rep. Donald Payne, Jr. (D-N.J.) as the 2019 recipients of the SIA Legislator of the Year Award. The awardees will be honored at the upcoming SIA GovSummit, taking place June 26-27 in Washington, D.C. The SIA Legislator of the Year Award is presented annually to members of Congress and other elected officials who have demonstrated extraordinary leadership in advancing legislation and pol...

IFSEC International 2019: Packed With Technologies And Opportunities To Learn

The focus of the global security industry will shift to London this month for IFSEC International, Europe’s ‘integrated’ security event focusing on the latest technologies and the opportunity to learn from the industry’s top leaders and experts. IFSEC will be held from 18-20 June, 2019, at ExCel London, welcoming 27,000 security directors and managers, installers, integrators and distributors. The exhibition at IFSEC may not be as large as previous years, and several bi...

Top 10 Mergers And Acquisitions In The Security Industry For 2017

Rapid changes in the physical security market this year have largely overshadowed one arena where change has slowed down in 2017 – mergers and acquisitions (M&A). Although there were no “mega-mergers” as in years past (such as Axis-Canon and Johnson Controls-Tyco, M&A activity still made headlines last year on SourceSecurity.com. In 2017, we wrote about M&A news involving companies such as HID Global, Eagle Eye Networks, ADT, and Honeywell. ...

Stanley Black & Decker To Sell Majority Of Mechanical Security Businesses To dormakaba For $725 Million Cash

The sale includes the commercial hardware brands of BEST Access, phi Precision and GMT Stanley Black & Decker, an S&P 500 global diversified industrial company, announced that it has entered into a definitive agreement to sell the majority of its Mechanical Security businesses to dormakaba for $725 million in cash. The sale includes the commercial hardware brands of BEST Access, phi Precision and GMT, which together represented LTM revenues and EBITDA of approximately...