Convergint Technologies, a global leader in service-based systems integration, today has acquired MTS Security in Dublin, Ireland. MTS is Ireland’s largest independently owned security systems company, supplying a single-source solution to clients in the U.K. and Europe. MTS Security brings Convergint 87 experienced colleagues, all of whom will be joining the Convergint organisation. With a
Videonetics, World’s first AI & DL powered Unified Video Computing platform development company, has announced that it ranked 107th on the Deloitte Technology Fast 500 Asia Pacific 2018, a ranking of the 500 fastest growing technology companies in the Asia Pacific region. AI-driven security platform firm Commenting on the achievement, Dr. Tinku Acharya, Fellow IEEE, Founder
In the convergence between IoT technologies and home security systems, the result has been the emergence of a new class of smarter intruder alarms—mechanisms boasting improved accuracy in detecting intrusion into the home while reducing the chance of false alarms. However, IHS Markit analysts believe that AI is just skimming the surface with home intruder
The latest report on the Smart Cities Market to 2023 by Marketsandmarket cites that the sector is expected to grow from USD 308.0 billion in 2018 to USD 717.2 billion by 2023, at a compound annual growth rate of 18.4% during the forecast period. The adoption rate of smart cities solutions is expected to grow
Assa Abloy has signed an agreement to acquire Keyper Systems, a leading supplier of electronic and mechanical key management systems in the US with a strong presence in the automotive segment. “I am very pleased to welcome Keyper Systems into the Assa Abloy Group. The acquisition of Keyper Systems enhances our global product offering in
Crossword Cybersecurity plc, the cyber security technology commercialisation company, releases insights from its global review of academic cyber security research. The new database looked at nearly 1,200 current and past research projects from academic institutions in the United Kingdom, United States, Europe, Australia, and Africa. It reaffirmed the value of the cyber security research market,
ADT Inc., a provider of monitored security and interactive home and business automation solutions in the United States and Canada, announced the acquisition of Advanced Cabling Systems, one of the leading technology integration companies in the mid-south. Advanced Cabling Systems will join forces with Red Hawk Fire & Security. Headquartered in North Little Rock, Arkansas,
BrainChip Holdings Ltd, global developer of software and hardware accelerated solutions for advanced artificial intelligence (AI) and machine learning applications, has signed a strategic partnership agreement with SoftCryptum to sell BrainChip’s AI-powered video analytics solutions to government agencies in France, Belgium, and Switzerland. BrainChip-SoftCryptum strategic partnership SoftCryptum sells security and data analytical solutions around the
Motorola Solutions, Inc. announced it has acquired VaaS International Holdings, Inc. (VaaS), a data and image analytics company based in Livermore, California and Fort Worth, Texas. Motorola Solutions paid a purchase price of $445 million in a combination of cash and equity. VaaS, a ‘video analysis as a service’ company, is a global provider of
The latest report on the Identity Analytics Market with global forecast to 2023, projects the market to reach USD 1,093 million by 2023, at a CAGR of 30.3% from 2018 to 2023. This is according to Marketsandmarkets, whose analysts predict that identity analytics is the next evolution of the Identity, Governance, and Administration (IGA) sector.
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