Matrix Systems - Experts & Thought Leaders

ACRE, a global pioneer providing state-of-the-art security systems, announced the strategic acquisitions of Feenics and Matrix Systems. Cloud and integrated security The acquisition of Feenics brings cloud-based access control solutions to ACRE’s rapidly growing network of global customers while also expanding its portfolio to support the growing demand for cloud-based security solutions. Matrix enables ACRE to expand the addressable market for the company’s technology portfolio, offering customers a broader breadth of reliable, integrated access control and video surveillance technologies designed to meet evolving business and security requirements. Cloud-hosted platform Keep integrates native visitor management and a RESTful API that allows integration of complementary systems Feenics develops Keep, a cloud-hosted platform that provides extreme scalability, unprecedented flexibility, and advanced security with its ACaaS applications. It integrates native visitor management and a RESTful API that allows simple integration of complementary systems and devices, resulting in a lower total cost of ownership.  “We are extremely excited about joining forces with the ACRE organization,” said Sam Shalaby, Founder and CEO, Feenics. “ACRE has positioned itself as the technology leader in the delivery of trusted and reliable global security solutions. We share a common mission of constantly seeking new ways to best support the evolving needs of today’s mission-critical security environments.” Access control and security management For more than 40 years, Matrix Systems has been committed to protecting people, property, and assets through the delivery of security solutions and services tailored to the unique needs of its customers. It provides comprehensive access control and security management technologies to well-known organizations, such as Miami International Airport, The Ohio State University, Cleveland Clinic, and General Electric.  “ACRE was an ideal fit for our business because we share a commitment to making sure our customers receive excellent service and support,” said Bruce Rogoff, CEO, Matrix.  “Additionally, our clients gain access to an innovative and compelling roadmap that builds on the proven Matrix product line with ACRE’s expertise in security.” Integration of brands “Our goal is to bring the industry’s best technology innovators into our network of brands,” said Joe Grillo, CEO, ACRE. “Feenics’ cloud architecture and Matrix’s simplified approach to integration have helped both brands build significant loyalty from a wide range of customers in rapidly growing markets, and we look forward to supporting both brands’ continued growth.” Shalaby will remain with Feenics as its CEO, and Matrix management will join the ACRE team. Imperial Capital served as a financial advisor to Feenics. The financial details of the respective transactions were not released. 

The New DICE Corporation announces Calipsa’s false alarm filtering solution is integrated with Matrix Interactive. While the two companies both offer video analytics, the integration provides central stations and integrators that are already using Calipsa’s solution with the option to add advanced interactive and video services from Matrix Interactive. It will also allow DICE users to benefit from Calipsa’s pioneering AI technology. An open and generic platform With an open and generic platform developed by the New DICE, the integration works with any monitoring automation software and is an opportunity to add value for monitoring stations or command centers in a corporate, education, or healthcare venue. Calipsa’s analytics software for video surveillance uses deep learning algorithms to filter out false alarms Calipsa’s analytics software for video surveillance uses deep learning algorithms to filter out false alarms caused by anything from a change in lighting to a spider’s web across a lens, with a false alarm reduction rate of 95%. Central monitoring solution Matrix Interactive offers central stations and command centers a video event monitoring, surveillance, and alarm notification suite for any video system that is accessible from any location, at any time. The unified platform provides services such as video verification, remote guarding, virtual guard tours, and virtual doorman; all using advanced video analytics, artificial intelligence, and cloud recording of events. With an overabundance of cameras and recorded video, the security industry is seeing a greater rise in video monitoring. By integrating Matrix Interactive with Calipsa, monitoring stations and command centers will have the opportunity to add new levels of security into their monitoring operations. Real-time video streaming For instance, with Matrix Interactive’s verified automated scheduled video tours, the platform analyses understand and prioritize the video stream in real-time. If nothing is detected during the tour, there is no need for operator intervention. The priority level determines if the video is sent to an end-user, a central station operator, and/or is recorded. Matrix platform offers a multi-camera video quick search feature that can instantly search through multiple cameras The Matrix platform also offers a unique new multi-camera video quick search feature that can instantly search through multiple cameras for an event rather than camera by the camera. Central stations and command centers can begin with an entry-level package at a minimal investment that provides fast ROI, and then add more cameras, services, and modules when ready. Enhanced security standards "The New DICE is a fantastic partner and integrating Calipsa’s analytics into the Matrix platform offers us great potential in all the markets we serve,” said Brian Baker, Chief Revenue Officer at Calipsa. “Matrix Interactive will allow Calipsa users to not only benefit from our 95% false alarm reduction but will also add its additional features to further enhance security standards. This partnership is a significant step in defining our footprint in the central station and command center market.”  “DICE is continuing to partner and integrate with the top industry solutions, and we are proud to partner with Calipsa,” said The New DICE Corporation Co-President Avi Lupo. “We spoke with many Calipsa customers who are very happy with Calipsa but were looking for a seamless integration with Matrix Interactive to take advantage of its advanced video features and services, in addition to the Calipsa analytics.” 

Matrix SATATYA HVR1624P is a 24 channel enterprise-grade Hybrid Video Recorder which offers the benefits of a highly mature Analog solution and security enhancements of IP solution. Organizations already using analog video surveillance can protect their existing investment in cameras and wiring and add IP cameras at new or critical points. For new video surveillance projects, Matrix SATATYA HVR allows mixed use of analog cameras and IP cameras depending on various factors like image quality, distance, wiring-feasibility and cost. Key Features: Video Channels: 16 Analog + 24 IP and Total 24 Channels Monitoring: 2 HDMI, 1 VGA, 1 CVBS Main, 1 CVBS Spot, 16 Channel Loop Output Audio: 16 Audio Loop Input, 1 Audio Output Inbuilt Storage: 4 Slots for 16TB Storage Alarm: 8 Alarm Inputs, 3 Alarm Outputs Management: Local CMS to Monitor Cameras from 5 HVRs on a Screen Recording: Camera wise Motion and Scheduled Centralised Recording Playback and Search: Timeline and Event based Search Backup: Scheduled and Manual backup to NAS/FTP and USB Notification: Calling a Responsible Person in case of any Event from the Mobile Application Network: 2 Gigabit Ethernet Ports for 130Mbps Throughput Connectivity: Free Matrix DNS and 3G/LTE Support Bandwidth Optimization:  Dual Streaming for Viewing and Recording Integration: Ethernet based Integration with Matrix Access Control Interoperability: Onvif 2.0 and Above

Consolidation is a dominant trend in the security marketplace. Large companies typically swallow up smaller companies as a means of expanding both their technology portfolios and their geographic reach. Sometimes a big fish is swallowed up by an even bigger fish.   Despite the pandemic and resulting economic challenges, the security market has continued to be a desirable environment for both big players and startups, which then provide abundant acquisition targets for the larger companies. Acquisitions of Motorola Motorola Solutions has been among the most acquisitive of the larger players, recently adding several smaller companies to their growing portfolio. Just this year, Motorola has acquired Ava Security, a video security and analytics company; Calipsa, another analytics company; and Videotec, an Italian provider of ruggedized video solutions for critical infrastructure applications. Video solutions that help to enhance safety and streamline operations while supporting customers In one announcement, Motorola chairman and CEO Greg Brown stated the goal of acquisitions is “to support our customers’ evolving security needs by expanding our portfolio of intelligent video solutions that help to enhance safety and streamline operations.” Previously, Motorola Solutions acquired Envysion, a video analytics company for the retail market. On the access control side, Motorola acquired Openpath Security, a cloud-based, mobile access control provider, in 2021. Motorola entered the video surveillance business back in 2018 with the acquisition of Avigilon for around $1 billion. Also now a part of Motorola are IndigoVision and Pelco, among others. ACRE's mergers and acquisition Another company active in the mergers and acquisition market has been ACRE (Access Control Related Enterprises). The company began with a spinoff from Ingersoll Rand in 2012 to become Vanderbilt Industries. As ACRE, the parent company has been active both in acquisitions and divestitures over the next decade. Vanderbilt grew with the acquisition of Siemens’ Security Products in 2015. ACRE owned Mercury Security, a manufacturer of OEM hardware used by access control companies, from 2013 until it was sold to HID Global in 2017. The acquisition of Razberi enhances the ComNet portfolio while providing complementary technologies ACRE’s more recent access control acquisitions are RS2 Technologies (in 2019), Open Options (2018), Feenics (2021), and Matrix Systems (2021). They acquired ComNet, a manufacturer of video and data transmission equipment, in 2016. The acquisition of Razberi (in 2020) enhances the ComNet portfolio and provides complementary technologies to the access control brands. Acquisition of ACRE ACRE itself was acquired by European investment firm Triton in 2021, and Joseph Grillo, the company’s founder, and CEO, announced his retirement in 2022. His knowledge of the security and access control markets helped to drive the company’s growth, including 11 successful acquisitions in all. Securitas acquiring Stanley Security  The acquisition of Stanley Security is transformational for both Securitas and the security industryStanley Security has also made headlines. In December 2021, Securitas signed an agreement to acquire the Electronic Security Business from Stanley Black & Decker for $3.2 billion in cash. Securitas President and CEO Magnus Ahlqvist says “the acquisition of Stanley Security is transformational for both Securitas and the security industry.” Allegion plc, global security products, and solutions provider, later signed an agreement to acquire Stanley Access Technologies and assets related to the automatic entrance solutions business from Stanley Black & Decker, Inc. for $900 million. Acquisition by HID Global, ADT Inc., & Allied Universal HID Global has acquired Vizinex RFID, thus increasing its presence and relevance in key vertical markets, including healthcare/medical, manufacturing, oil and gas, data centers, etc., and adding a key technology to HID Global’s RFID tag portfolio. ADT Inc. recently expanded its geographic reach with the acquisition of Key-Rite Security, a locally owned and operated security provider specializing in access control, surveillance, intrusion, and intercom systems in Colorado and for customers across the United States. Allied Universal continues its strategic growth with the acquisition of Attenti Group, an electronic monitoring company Allied Universal has acquired Star Protection Agency, the largest Hawaiian-owned and veteran-owned security company in the state. Although Star is primarily a guard patrol service, with workers at 125 sites throughout the state, it provides a range of security technology and consulting services. Internationally, Allied Universal continues its strategic growth with the acquisition of Attenti Group, an electronic monitoring company. Allied Universal will integrate Attenti Group with G4S Monitoring Technologies, to create Allied Universal Electronic Monitoring Services. SALTO Systems making acquisition news Also internationally, SALTO Systems has made acquisition news by investing in Bluefield Smart Access, thus strengthening its portfolio of access control solutions. SALTO Systems is a manufacturer of electronic access control and operating system solutions, designed to provide a seamless, keyless, and mobile experience for modern buildings. Also joining the SALTO Group is Cognitec Systems, a face recognition company. The goal is to strengthen their research, development, and market reach while working with SALTO on new technologies for expanding biometric markets. SALTO strategically selected Cognitec Systems to meet market requests for adding face recognition and artificial intelligence (AI) technologies to the company’s electronic access control and ticketing solutions. Acquisitions by MOBOTIX and Resideo Technologies  Resideo Technologies, Inc. entered into an agreement to acquire First Alert, Inc., a provider of home safety products Further, on the international scene, MOBOTIX has reached an agreement to acquire Vaxtor Group, Tres Cantos, Spain, an artificial intelligence (AI) based video analytics provider, specializing in Optical Character Recognition (OCR) and Deep Learning technologies. On the residential system's front, Resideo Technologies, Inc. entered into an agreement to acquire First Alert, Inc., a provider of home safety products, from Newell Brands Inc. for $593 million in an all-cash transaction. Established in 1969 and based in Aurora, Illinois, First Alert offers a strong omnichannel presence serving end-users directly through retail and e-commerce channels and professional contractors through relationships with distributors and home builders.