This week in our Fire & Security industry news round-up we cover the major acquisition of Avigilon by Motorola Solutions, a growth of sensors within security surveillance market and more…
We’d love to take our news round-up to the next level this year and provide something for the whole of the security and fire industry, as well as throwing some of our own insight and expert advice. Do let us know your comments on the news round-ups and anything you’d like to read in the coming weeks.
Motorola Solutions acquiring Avigilon
Motorola Solutions has entered into a definitive agreement to acquire Avigilon. It will enhance Motorola Solutions’ portfolio of mission-critical communications technologies.” Motorola Solutions will acquire all of Avigilon’s outstanding shares for CAD$27.00 per share. The enterprise value of the transaction is approximately US$1.0 billion including Avigilon’s net debt. This acquisition will bring Avigilon’s advanced video surveillance and analytics platform into public safety, while expanding our portfolio with new products and technologies for commercial customers” says Motorola Solutions chairman.
(Security World Market, 02/02/2018)
Sensors market is booming
According to the latest report from research company, Frost & Sullivan, the total sensors market in security and surveillance applications was worth $6,267.9 million in 2016, is expected to reach $12,012.1 million by 2023. Image sensors holding the largest market share at 23%. The Internet of Things (IoT) is bringing numerous opportunities for sensor participants through security technologies required for remote services and enhanced accessibility of devices. North America and EMEA dominate the market, driven by aging infrastructures, but APAC is the fastest growing due to rapid infrastructure development.
(Security World Market, 30/01/2018)
Limitations in Supply Chain weakens Physical Security Business
The demand for integrating all 3 physical security functions has slowly but surely gown over the last decade and this is now being enhanced through integrating other Building Automation Services which together with IT Convergence has further contributed to reducing the Total Cost of Ownership of such systems. There is now sufficient evidence to show that growth is not being limited by demand but is being restricted by limitations in the capability of the supply chain to deliver and service reliable systems. The physical security supply chain will naturally target integration and connectivity within its domain and indeed there are still significant opportunities to integrate functionalities within each category of the physical security business.
Online fitness tracker and security threats?
Security concerns have been raised after an online fitness tracker Strava has published a “heatmap” showing the paths its users log as they run or cycle. It appears to show the structure of foreign military bases in countries including Syria and Afghanistan as soldiers move around them. The app is far more popular in the West than elsewhere and major cities are aglow with jogging routines, but in remote areas foreign military bases stand out as isolated “hotspots” and the activities of a single jogger can be illuminated on dark backgrounds. Exercise activities stand out in such countries as Syria, Yemen, Niger, Afghanistan and Djibouti, among others.
(BBC News, 29/01/2018)
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