HUNTSVILLE, Ala.—Octave, the potential software spin-off from Hexagon AB, has unveiled its new brand identity, marking a major step toward its transition into an independent company. Comprised of ...

ATLANTA—Pye-Barker Fire & Safety has acquired AFA, Inc. dba AAA Fire Extinguisher Co., joining Pye-Barker's integrated services team in West Texas. The transaction adds to Pye-Barker's immediate ...

MELVILLE, N.Y.—Intellicene, a provider of intelligent software platforms that empower organizations to better understand and respond to mission-critical events, announced the close of its acquisition ...

SAN ANTONIO, Texas—Economic uncertainty may dominate boardroom discussions, but Pro-Vigil’s sixth annual Physical Security Report shows that crime - not tariffs, inflation or interest rates - remains ...

SAN ANTONIO, Texas—Pro-Vigil Founder Jeremy White can sum up in one word why businesses aren't more quickly adopting artificial intelligence (AI) as part of their physical security strategy – ...

STUTTGART, Germany—Bosch’s sale of its security and communications technology product business to investment firm Triton was a strategic move designed to focus on the company’s systems integration ...

SAN MATEO, Calif. and CHICAGO — Verkada has announced a range of product enhancements during its annual customer conference, VerkadaOne. More than 2,000 IT and physical security leaders gathered in ...

CUPERTINO, Calif.—Alcatraz AI is positioning facial authentication as the next evolution of access control - and its investors appear to agree. The Cupertino, Calif.-based company recently closed a ...

SCOTTSDALE, Ariz.—Resideo Technologies has announced its intention to separate its ADI Global Distribution business (ADI) through a tax-free spin-off to Resideo shareholders. Following the completion ...

CHARLOTTE, N.C.—Honeywell CEO Vimal Kapur credited the Building Automation segment as the catalyst for the company’s $10.4 billion in sales in the second quarter, an 8% increase year over year. "With ...

CHARLOTTE, N.C.—Honeywell has announced the completion of a comprehensive business portfolio evaluation launched a year ago by Chairman and CEO Vimal Kapur and intends to pursue a full separation of ...

CORK, Ireland – Johnson Controls International (JCI) plc has reported its fiscal second quarter (Q2) 2024 results, and the company may be looking to divest itself of one of its non-core businesses.