Featuring supplier news, product launches, events, our own articles, and more, read our Fire & Security industry news round-up for the week ending 02/09/16
Fire & Security industry news round-up for the week ending 02 September 2016
Flir Systems, Inc buys Armasight
Armasight, Inc., a global leader in night vision, thermal, and daylight imaging products, has been bought by Flir for approximately $41 million in cash. “The addition of Armasight to our existing scopes and sights business provides us with meaningful additional scale and injects additional market expertise to better serve the growing hunting and military scopes markets,”
(Security World Hotel, 31/08/2016)
Vanderbilt acquires Access Control Technology
Dublin-based designer and manufacturer of electronic access control, video management & door entry systems, ACT Ltd, is being acquired by Vanderbilt, an international supplier of innovative security products and systems. “The acquisition of ACT boosts Vanderbilt’s reach in the access control market and enhances our product portfolio with the addition of a cloud-based access control system and a tightly integrated VMS.”.
(Security World Hotel, 02/09/2016)
The growth of the Electronic Security Market
Specialists at Technavio predicts that the market will grow at a CAGR of over 14% between 2016-2020. Increased adoption of security solutions by commercial sector, decline in prices of security products & development of smart cities are 3 main reasons of this trend. Technavio also presents a list of market leaders identified based on their product features, geographical presence, customer base, and product portfolio.
(Business Wire, 01/09/2016)
Drone air space management solution
V-TAL Aerospace (Australia) and Relmatech (UK) worked side by side to conduct the world’s first commercial flight operations of a remotely piloted airborne system (RPAS) supported by an Unmanned Aircraft System Traffic Management (UTM) system. “It was our first commercial operations using SIAM under standard operating conditions – an event we and Relmatech believe to be a world first.”
(Security World Hotel, 30/082016)