Securtity Products and Technology News June July 2014

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Security Products and Technology News

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2014-02-1

Canon acquires Milestone Systems

Deal provides platform for Japanese firm to make its mark in surveillance p. 8

Space station

How monitoring facilities are stepping up their game to meet customer expectations p. 22

Q&A with FLIR’s CEO

Andy Teich on the consumerization of thermal technology p. 30

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ADT and Protectron put the pieces together Through a $555-million acquisition of Reliance Protectron, the home alarm giant effectively doubles its presence in Canada By Neil Sutton

A

DT’s acquisition of Montreal-based Reliance Protectron for $555 million will essentially double the company’s capacity in Canada and provide a springboard for an independent presence here, according to executives. The deal, first announced in April, is expected to close sometime this summer, pending regulatory approvals. Numerous decisions about the future of both brands in

Canada have yet to be made or announced, says Lee Jackson, regional vice-president, Canada, ADT, and will be deferred until after the deal has closed, but the expectation is that ADT will establish a business unit in Canada that will have a greater degree of independence from its U.S. corporate parent. “We’re business as usual from the beginning of the acquisition, once we close on it. But our objective would be to have more Canadian management and control from Continued on p.6

p.27

Product Previews

The latest in security technology

p.28

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2014-04-24 9:53 AM


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