- In September 2022, Honeywell International, Inc., introduced the Pro-Watch Integrated Security Suite, a software platform developed to enhance the protection of people and property, boost operational productivity, and support compliance with regulatory standards. This scalable software solution offers unified visibility into all connected systems, making it ideal for businesses adapting to evolving security needs. This launch underscores Honeywell’s commitment to digital transformation in the security landscape
- In April 2022, Resideo Technologies completed the acquisition of First Alert, Inc., broadening its range of detection and suppression devices. The expanded portfolio now includes carbon monoxide (CO) alarms, smoke alarms, combination alarms, connected CO and fire devices, and various suppression systems. This acquisition strengthens Resideo’s market position and enhances its capabilities in safety and emergency response technologies
- In September 2021, ASSA ABLOY acquired the hardware and home improvement segment of Spectrum Brands, Inc., a leading provider of residential security solutions in the U.S. This strategic acquisition is set to enhance ASSA ABLOY’s residential product offerings and solidify its foothold in the North American market. The move reflects ASSA ABLOY’s strategic focus on expanding its leadership in the global residential security space
- In July 2021, Securitas AB announced the acquisition of Tepe Security, a renowned electronic security company in Turkey. This acquisition elevated Securitas to the number two position in Turkey's monitoring market, aligning with its broader vision of boosting electronic security and solutions-based revenues. This deal significantly enhances Securitas’ regional presence and electronic security service offerings
- In April 2021, Siemens Smart Infrastructure launched an upgraded version of its Cerberus FIT fire protection system, targeting small to medium-sized buildings. The system offers enhanced functionality and cost-effective fire safety solutions tailored for this segment. This launch reinforces Siemens’ commitment to scalable and efficient fire safety solutions for diverse infrastructure sizes
