Security Systems News

FEB 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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briefs www.securitysystemsnews.com february 2019 S e C ur IT y S y ST e MS N e WS suppliers 18 Hikvision raises money for Mission 500 during Puerto Rico service trip LOS ANGELES—Employees from Hikvision USA Inc., a provider of security hardware equipment and software solu- tions, raised funds and helped a family make much-needed repairs to their home in Puerto Rico as part of a Mission 500 security industry service project and trip. Hikvision raised $2,790 for the project, and three Hikvision employees joined 18 other security industry professionals on the November service trip to Ponce, Puerto Rico. For three days, the group worked alongside family members to repair their home, which was severely damaged more than one year ago dur- ing Hurricane Maria. The group replaced a roof and exterior walls, repaired plumb- ing, cut and removed downed trees, and also provided cleaning supplies, grocer- ies, as well as toys for the family's chil- dren. "Hikvision employees found it extremely rewarding to work with Mission 500 and other security industry profes- sionals to contribute to a new beginning for this family," Alex Asnovich, Hikvision senior director, Global Public Affairs, and head of Marketing for North America, said in the announcement. "Corporate social responsibility is a company value at Hikvision." ASSA ABLOY's preferred installer program starts NEW HAVEN, Conn.—ASSA ABLOY recently announced the launch of ASSA ABLOY Academy, a consolidation of its robust training programs that enable security professionals to be more effec- tive at their job of protecting both people and places. The program offerings are highlighted on a new website at www.assaabloy- academy.com/americas, which features an upgraded learning management sys- tem to streamline coursework through an enhanced user interface. The Academy features all of the exist- ing content from ASSA ABLOY Americas University including online courses, onsite classes at learning centers, and a Mobile Installation Training Vehicle that provides hands-on training at any location. 2N announces new CEO CHELMSFORD, Mass.—2N, an IP inter- com manufacturer that was acquired by Axis Communications in 2016, announced that Michal Kratochvíl has been appointed as new CEO for the company, effective Jan. 1. Former 2N CEO Oldrich Stejskal has been elected as a member of the Board of Directors at 2N starting Jan. 1, where he will move on from the day-to-day operation and focus on long-term strategic tasks instead, working on the board together with Peter Lindström, director, New Business, and Fredrik Sjöstrand, CFO, at AXIS. Gorilla Technology receives $15m funding from SBI ACRE makes purchase CHICAGO—Motorola Solutions Inc. announced recently that it has acquired VaaS International Holdings Inc. (VaaS), a data and image analytics company, for $445 million in a combination of cash and equity. VaaS, a "video analysis as a service" company, is a global provider of data and image analytics for vehicle location. The company's image-capture and analysis platform, which includes fixed and mobile license plate reader cameras driven by machine learning and artificial intelligence, provides vehicle location data to public safety and commercial custom- ers. Its subsidiaries include Vigilant Solutions for law enforcement users and Digital Recognition Network (DRN) for commercial customers. The company's 2019 revenues are expected to be approximately $100 million. "Automated license plate recognition is an increasingly powerful tool for law enforce- ment," Greg Brown, chairman and CEO, Motorola Solutions, said in the announcement. "With this acquisition, VaaS will expand our command center software portfolio with the largest shareable database of vehicle location information that can help shorten response times and improve the speed and accuracy of investigations." VaaS' platform enables con- trollable, audited data-sharing across multiple law enforce- ment agencies. Vehicle location information can help accelerate time to resolution and improve outcomes for public safety agen- cies, particularly when com- bined with police records. For example, law enforcement has used VaaS' solutions to quickly apprehend dangerous suspects and find missing persons. "We are very excited to be joining Motorola Solutions," Shawn Smith, co-founder of VaaS and president of Vigilant Solutions, said in the press release. "This acquisition enables us to continue to serve our existing customers and expand our foot- print globally, while at the same time supporting a company with a commitment to innova- tion and growth, guided by a common purpose that aligns with our mission and culture: 'To help people be their best in the moments that matter.' It doesn't get any better than that." SSN different markets, but each one expands our reach geo- graphically or in vertical markets." She continued, "So with the acquisition of ACT, it brought us a cloud-based access control platform, which we didn't have before, and O p e n O p t i o n s clearly brings us that open archi- tecture that is very much in demand i n t h e i n d u s t r y today and builds our strength with Mercury." F o r 2 0 y e a r s , O p e n O p t i o n s h a s d e v e l o p e d access control solutions that connect to leading security technologies to deliver a full-scale solution based on each customer's unique needs. Open Options has been a Mercury Security partner since 1997 and is dedicated to delivering the most advanced open-plat- form access control solution available on the market. "We are pleased to join the ACRE organization with its strong global reach which will open new opportuni- ties for the Open Options product range," Steve Fisher, Open Options Founder and CEO, said in the announce- ment. This is the latest M&A activity since ACRE com- pleted the acquisi- tions of ComNet (Danbury, Conn.) and Access Control Technologies "ACT" (Dublin, Ireland) businesses in 2016. Looking to 2019, Grillo said, "We will continue to expand our market penetration, which makes us a larger part- ner to Mercury as a technol- ogy partner and provider, as well as to the lock companies that we spend a lot of time working with—Allegion and ASSA ABLOY. And we will continue to try and get big- ger organically and through other opportunities, such as through acquisition." Founded in 2012, ACRE's Vanderbilt and ComNet brands employ more than 325 employees in more than 20 countries. SSN Motorola acquires By Ginger Schlueter TA I P E I , Ta i w a n — G o r i l l a Technology Group, an edge AI and computer visions solu- tions provider, has secured $15 million in D-round fund- ing from SBI Investment, a financial services company in Japan. The funding came before Gorilla's announcement to participate in the upcoming Consumer Electronics Show (CES), which was held January 8-11, 2019 in Las Vegas. This is SBI's first investment in a Ta i w a n e s e , A I - f o c u s e d company and will give SBI m i n o r i t y s t a k e i n G o r i l l a Technology. Gorilla reached out to SBI, highlighting its work in creat- ing viable solutions for Edge AI. The company's solutions process priority AI algorithms locally for real-time, intelli- gent results, while cloud and server-based AI is coordinated over a smart, optimized net- work connection. In addition, Gorilla recently certified on Intel's OpenVINO IoT toolkit. The funds will help the company amplify their mes- sage of a complete scalable solution, now. "Video ana- lytics applications have been hot top- ics and in strong demand in the secu- rity industry; how- ever, the deploy- ment has been slow due to lack of knowledge, or immature, underdeveloped solutions," Dr. Spincer Koh, C E O , G o r i l l a Te c h n o l o g y Group, told Security Systems News. "With this funding Gorilla will be able to pro- mote their ready-to-market, end-to-end solution to the entire AI ecosystem, including hardware manufacturers, sys- tem integrators and end users across multiple verticals." When asked specifically how Gorilla plans to use the $15 million, Koh responded: 1 . E x p a n s i o n o f r e g i o n a l o f f i c e s i n Japan and other key markets to reach more end users; 2. Further develop G o r i l l a 's A I - b a s e d video analytics solu- tion; and 3. Integrate Gorilla's solution with Fintech and robotics industries in Japan to generate more AI-based applications. "The main, initial impact [for the security industry] will be in the support Gorilla can offer," Koh continued. "From t r a i n i n g re g i o n a l s e c u r i t y manufacturers on hardware requirements to demonstrat- ing ease of use and event management to end users, Gorilla will grow their teams in North America, Europe, Australia, Southeast Asia and Japan to offer a more complete support system for each step of their end-to-end solution." Gorilla Technology suc- cessfully completed A and B investment rounds in 2007 and 2009, respectively, by tapping EMC, and for round C in 2015, Telstra Ventures and Acer. Gorilla will continue to deepen their relationships with SBI Group, Intel and other partners to bring Edge AI and computer vision to the next level in system inte- gration. " We c a n 't w a i t t o s e e what the future holds," Koh concluded." SSN Continued from page 1 By SSN Staff Spinder Koh D-round funding opens doors to boost message of complete scalable solution Kim Loy

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