Security Systems News

JAN 2019

Security Systems News is a monthly business newspaper that reaches 25,100 security installers, product distributors, central stations, engineers & architects, and security consultants. Our editorial coverage focuses on breaking news in all major se

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Page 5 of 36

he emphasized that each offer- ing fits a variety of different companies in the market. Coles said that the deal ben- efits SIMS customers by making their software invest- m e n t m o r e s e c u r e . "Not only will their c u r re n t p ro d u c t b e secure, but, if they're interested in looking at other products or expanding what they do, we've got addi- tional products they can look at," he said. The purchase of SIMS fits in with Bold's plan for expanding its offerings. "That's why we merged with Perennial, so that we can provide the accounting software, the service software, and now we've got another volume 22, number 1 january 2019 n $7.00 Commer C ial & Sy S tem S i ntegrator S n Convergint acquires on the West coast page 12 n ADT completes Red Hawk deal for $317.5 million page 12 n ADS makes its eighth acquisition of the year page 12 m onitoring n EMERgency24 makes key executive hire page 16 n Pro-Vigil and Lydia partner page 16 r e S idential Sy S tem S n Integration of smart devices a key RMR driver page 18 n Industry veterans launch IoT consulting group page 18 Supplier S n JCI to sell Power Solutions business for $13.2 billion page 20 n ONVIF celebrates 10th anniversary at annual meeting. page 20 galaxy see page 20 bold see page 16 ka S tle see page 14 STATS Study looks at rising value of enterprise video See page 2 produc TS See the latest in PSIM and SOC products See page 22 Kastle Systems International names Haniel Lynn new CEO Bold Perennial buys software company By Spencer Ives COLORADO SPRINGS, Colo.— B o l d P e re n n i a l , a p ro v i d e r of central station software, announced on Dec. 3 that it acquired fellow soft- ware provider Secu- r i t y I n f o r m a t i o n & Management Systems Inc. Financial terms of the deal were not disclosed. Rod Coles, president of Bold Perennial, told Security Systems News that SIMS is a complementary purchase that "allows us to extend our product line." There is crossover between the Bold Perennial and SIMS product lines, according to C o l e s , i n c l u d i n g t h a t b o t h companies offer central station automation software; however, By Paul Ragusa FALLS CHURCH, Va.—Kastle Systems International, an inte- gration company that special- izes in managed security solu- tions and services based here, re c e n t l y a n n o u n c e d t h e a p p o i n t m e n t o f Haniel Lynn as chief executive officer, effec- tive immediately. Ly n n w i l l a s s u m e the new role of CEO across KSI's family of five security compa- nies, including Kastle Systems, Mutual Security, Stat Land Security, Urban Alarm and CheckVideo. Former CEO Piy- ush Sodha will continue to be By Paul Ragusa WALKERSVILLE, Md..—The Board of Directors of Digital Systems Corporation, the parent company of Galaxy Control Sys- tems, a leading provider of inte- grated access control and secu- rity solutions, announced the appointment of Rick Caruthers to the posi- tion of presi- dent at Gal- axy Control S y s t e m s . E f f e c t i v e immediately, this appoint- ment reflects t h e c o m - pany's long-term planning and succession strategies. "Rick has essentially been working in the capacity as presi- dent of Galaxy Control Systems for the past several years, and with this appointment will be able to execute his vision and goals for the company," Robert Laughlin, chairman of Digital Systems Corporation, said in the announcement. "After 17 years of proven service and dedication to Galaxy Control Systems, we are most confident that Rick is the person best suited to be at the helm of this organization moving forward." Caruthers' extensive experi- ence and proven track record in the professional security industry spans over 28 years, where his career was initiated on the inte- gration side of the business then migrated into the manufactur- ing space. Over 17 years to date, Caruthers has risen through the ranks in positions ranging from regional sales manager, govern- ment sales director, vice president actively involved in the busi- ness, serving as co-chairman and co-owner, alongside chair- man and majority owner, Mark Ein. "I can think of no one bet- ter than Haniel to lead Kastle in our next stage of growth and advance- m e n t , " E i n s a i d i n t h e a n n o u n c e m e n t . "We've selected a very strong leader at a time when Kastle is in a very strong position. Today's pace of change is exponential and Kastle's role in the transformation of the security industry has never been more important. Haniel is By SSN Staff FARMINGTON, Conn.—UTC this week announced that it will be separating its business into three different companies: United Technologies, which will be comprised of the com- pany's aerospace business; Carrier, which will be the new name for the Climate, Controls and Security business; and Otis Elevator Company. "Our decision to separate unique in his ability to trans- late vision and strategy into world-class execution, bringing together teams and partners to drive results while inspiring a culture of teamwork. His exten- sive experience combined with his strong core values makes him the perfect choice to lead Kastle as we embark on this important next phase of our journey." Sodha added, "Beyond his experience serving as a global operating executive at one of the world's most respected B2B companies, Haniel embodies a set of values that aligns with our culture of innovation, service, ut C see page 20 Caruthers appointed president for Galaxy stats .......................................2 H o W I use my system ..........4 ne W s poll .............................4 spe CIFIC ally spea KI ng .......6 ed I tor I al .............................10 FI ve quest I ons ...................23 databan K .............................23 UTC now three companies Rod Coles Rick Caruthers Haniel Lynn Company president Rod Coles pleased with the talent gained through the acquisition

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