Security Systems News

APR 2018

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 26 of 54 april 2018 SECU ri TY SYSTEMS NEWS Commer C ial & systems integrators 20 Securitas to acquire Kratos' security division Visit us at ISC West | Las Vegas, NV | Booth 5077 | April 11-13 ComNet is Your Solution for Fiber Optic, Copper and Wireless Transmission The transmission products you choose today will affect how well your network performs tomorrow. ComNet offers the most comprehensive line of products designed to solve every transmission challenge. Your Transmission Challenge has always been Getting Your Audio, Video, Data and Ethernet Signals from Here to There. The Shortest Distance Between Two Points View the Full Product Line at and Identify the Fiber Optic, Copper or Wireless Connectivity Solution for your Application Contact the ComNet Design Center Now for Free Design Assistance. Call 1-888-678-9427 or 1-203-796-5300 or email designcenter@comnet. net Visit Email Phone 1-203-796-5300 Toll Free 1-888-678-9427 that the deal is expected to "sig- nificantly improve" the com- pany's overall financial position, while allowing them to develop "transformative, affordable tech- nology" for the Department of Defense and commercial cus- tomers. "The sale of PSS virtually com- pletes the successful execution of Kratos' strategy to be a pure play defense high technology, prod- uct and systems provider," Eric DeMarco, Kratos president and CEO, said in Kartos' announce- ment. "This divestiture will allow us even greater focus on our high growth core businesses including unmanned aerial drones, satellite communications, missile defense, training systems and microwave electronics." For Securitas ES, Byerly said this acquisition is also "about growth, strengthening our core capabilities, expanding our port- folio of security solutions, enter- ing new markets and exploring new technologies to best serve our customers. The addition of KPSS continues our mission to be best in class in our industry." He continued, "It's a great time to be part of Securitas as we build something special in the industry. We're looking forward to wel- coming the KPSS associates and customers into the SES family. We are excited about the next chapter in our journey." Canaccord Genuity is serving as exclusive financial advisor to Kratos in connection with the transaction; Paul Hastings LLP is serving as legal counsel. SSN KPSS with SES creates a truly dynamic systems integrator in North America, and as part of Securitas' dynamic protective services portfolio we are well positioned in the market," he said. Kratos said in its press release By SSN Staff BOCA RATON, Fla.—ADT announced recently the complet- ed acquisition of Acme Security Systems. Acme will join forces with recently acquired Aronson Security Group (ASG) to fur- ther drive commercial growth and expansion, ADT said in its announcement. H e a d q u a r t e r e d i n S a n Francisco and founded in 1974, Acme is among the largest pri- vately held security systems integrators in the Bay Area, ADT said. Acme focuses on electronic security systems, access control, video networks and more. "ADT and Acme have a shared vision for exceptional service, and this alliance not only enhances our leadership in the market, but substantially extends our service capabilities for our valued customers," ADT president Jim DeVries said in the announcement. "We're thrilled to welcome the talented Acme team members as contributors in a significant chapter of ADT's history." "For our employees to unite with one of the most successful and recognizable security brands in history is a true honor," Steve Harris, founder of Acme Security Systems, said in a prepared state- ment. "ADT believes in their ability to provide unparalleled service to the commercial and national account market, and their enthusiasm is infectious. Together, we'll be able to provide significant value for current and future customers." SSN ADT buys another comm'l company Continued from page 1

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