Financial
Written by SP&T Staff
According to recent research published by IHS Markit, the global market for professional video surveillance grew by 3.9 per cent last year. “This is a higher rate of growth than in 2015 (1.9 percent), but still low by historical standards,” states the report written by Jon Cropley, principal analyst for video surveillance at IHS Markit.
Written by SP&T Staff
OnSSI announced the completion of a US$16-million private placement by Seacoast Capital, an institutional investor, with Imperial Capital acting as financial advisor and placement agent.  
Written by SP&T Staff
ViewSonic Corp., a global provider of visual solution products, says it has completed its first full calendar quarter with a “realigned” Canadian organization under the leadership of Deidre Deacon, general manager.
Written by SP&T Staff
3M says it has completed the sale of its identity management business to Gemalto.
Written by SP&T Staff
2016 was a year of “solid growth”, says Hikvision, after releasing its official 2016 financial results. Highlights of the report include revenue of $4.6 billion, a 26 per cent increase in net profits, as well as plans to establish an R&D Centre in Montreal and a Research Institute in Silicon Valley, Calif.
Written by SP&T Staff
Johnson Controls has signed a “definitive agreement” to sell its Scott Safety business to 3M in a cash transaction valued at about $2.0 billion, the company announced on Thursday.
Written by SP&T Staff
Total revenues for AlarmForce’s first three months of 2017 were $13.9 million vs. $14.2 million over the same period in 2016, the company has reported, which is also a decrease of 3 per cent (2 per cent in constant currency).
Written by SP&T Staff
Avigilon Corporation has reported financial results for the three and twelve months ended December 31, 2016.
Written by SP&T Staff
Huronia Alarm & Fire Security Inc. will be providing the installation of a security system, multiple security cameras and lock products all free of charge to Home Horizon Transitional Housing Services, as part of the new Barbara Weider House being constructed in Collingwood, Ont.  
Written by SP&T Staff
TOA Canada Corporation, manufacturer of commercial audio and intercom products, says it broke its sales record for the second year in a row during 2016.
Written by SP&T Staff
AlarmForce Industries has issued its 2016 financial report and restated results for previous periods following a review of its prior handling of service cancellations for some of its customers.
Written by SP&T Staff
Legrand North America’s Red Cross disaster relief fundraiser has collected $112,540, which will provide assistance to the people and regions affected by natural disasters throughout the country, according to the company.
Written by SP&T Staff
3M says it has entered into agreements to sell the identity management business within its Traffic Safety and Security Division to Gemalto for $850 million, subject to closing and other adjustments.
Written by SP&T Staff
Resolver has finalized the acquisition of Wynyard’s Risk Management suite of products and says it has “re-engaged a significant portion of the original WRM team,” including Bob Adderley, Scott James, Clint Walker and Adam Belfield.  
Written by SP&T Staff
Avigilon Corp. has engaged CBRE Ltd. to market the company's nine-storey office tower located in downtown Vancouver for a sale and leaseback.
Written by SP&T Staff
A private investment firm with an interest in Toronto’s UCIT Online Security has also made an investment in Stealth Monitoring Inc., a Dallas-based video surveillance business focused on designing, installing and providing remote video monitoring solutions to multi-family residential, commercial and industrial businesses in the United States.
Written by SP&T Staff
After a strong first half of 2016, the growth rate and level of activity for Axis Communications in the third quarter was slightly weaker. The company reports a net sales increase of 5 per cent in the third quarter of 2016, and an even greater increase, 9 per cent, for the January to September period.
Written by SP&T Staff
A Toronto-based provider of identity and authentication solutions has raised $27 million in growth capital to fund the commercial rollout of a privacy-enhancing digital identity network. Teaming up with SecureKey Technologies Inc. on this initiative and participating in the funding round are: BMO Bank of Montreal, Bank of Nova Scotia, CIBC, Desjardins, Royal Bank of Canada and TD.
Written by SP&T Staff
A Chinese webcam manufacturer is recalling some of its products after they were identified as a contributor to the massive Internet attack last Friday that affected Reddit, Twitter and other popular sites.
Written by SP&T Staff
Tyco has signed a definitive agreement to sell its security business in South Africa, which operates locally under the ADT brand, to Fidelity Security Group for approximately ZAR 1.9 billion (US$140 million).
Page 1 of 3