This week in our Fire & Security industry news round-up we cover the first commercial contactless biometric payment card, prisons as smart buildings, cameras in vehicle market and more…
Honeywell & ADI’s separation
Honeywell’s comprehensive portfolio review shows that intends to separately spin off its Homes product portfolio and ADI global distribution business, as well as its Transportation Systems business, into two stand-alone, publicly-traded companies. “The spun businesses will be better positioned to maximize shareowner value through focused strategic decision making and capital allocation tailored for their end markets”. The planned separation transactions are intended to be tax-free spins to Honeywell shareowners for U.S. federal income tax purposes and are expected to be completed by the end of 2018.
(Security World Market, 11/10/2017)
Johnson Controls’ Scott Safety sold to 3M
Johnson Controls has completed the sale of its Scott Safety business to 3M for approximately $2.0 billion. Scott Safety is a leader in high performance respiratory protection, gas and flame detection, thermal imaging and other critical products and is expected to generate sales of approximately $575 million and earnings before interest, taxes, depreciation and amortisation (EBITDA) of approximately $160 million in fiscal 2017.
(Security World Market, 11/10/2017)
Video Surveillance: Aggregation, Automation & Augmentation
Industry specialist answers questions about the future of video surveillance and video management software & why he believes that in 5 years, 50% of streams managed by video management systems will be from mobile recording devices and explains his mantra of Aggregation, Automation & Augmentation.
Minimum you need to do before GDPR
As GDPR approaches, organisations need to recognise that there are four stages to becoming compliant. Rob Perry, Vice President of Product Management at ASG Technologies offers these four stages to compliance for the upcoming General Data Protection Regulation (GDPR) that goes live on May 25 2018. These stages are preparation, production, governance and reporting, to read how about to implement these, click the link below.
(Professional Security, 06/10/2017)
NHS needs more than estimates
The Chronic under-investment in security in many areas across the NHS means increased vulnerability to an ever-growing range of security and crime threats. Traditionally in the NHS, expenditure on ‘security’ has been regarded by most NHS Trust Board members as an unwelcome expense rather than a ‘necessary’ investment. A problem for ‘number crunchers’ is that no established methodology exists to enumerate the full extent of the impact of crime and security breaches in the NHS.
(Professional Security, 11/10/2017)
Our weekly fire and security news round-up regularly feature supplier news, product launches, events, our own articles, and much more. Check back each week to catch up on the industry news affecting the fire & security sector collated by our team of fire & security recruiters.
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