Stanley Convergent Security Solutions Completes Acquisition of Niscayah

  • Sep 13, 2011

Stanley Convergent Security Solutions (Stanley CSS) announces Stanley Black & Decker’s acquisition of Niscayah, one of the largest global security firms in Europe and the United States. Niscayah, based in Stockholm, Sweden, had sales of SEK 6.6 billion in 2010 and provides integrated security solutions, video surveillance and access control systems, fire and security systems and monitoring services to commercial, industrial, government, local, national and global customers throughout Europe and the United States.

“We are excited to welcome Niscayah’s customers and associates to Stanley,” said Brett Bontrager, Senior Vice President and Group Executive, Stanley Security Solutions. “This acquisition demonstrates Stanley's continued pursuit of its stated strategic goals to continue expanding and developing our global Security platform.   Niscayah will add scale to our North American business as well as expand our presence into 12+ countries/regions where we currently do not have a Security Solutions presence.”

The acquisition comes after Stanley Black & Decker offered to purchase Niscayah for $1.2 billion in cash on June 27, 2011.  Shortly after Stanley announced its intent to purchase Niscayah, the Independent Committee of the Board of Directors of Niscayah released a statement that unanimously recommended that shareholders and warrant holders accept the public offer made by Stanley Black & Decker.

Niscayah employs more than 5,000 associates in Europe and the United States and services both residential and commercial customers. Niscayah’s current commercial customer markets include banks, retail, gas stations, utilities, transport and lodging and public sector companies.

“Niscayah will be a perfect fit for Stanley in that its strategic vision is very similar to ours, and their operations offer both recurring revenue opportunity and a complementary geographical fit,” continued Bontrager. “The addition of Niscayah to the Security Solutions platform will benefit our customers tremendously by our expanded ability to serve their needs in multiple regions as a truly global provider of security solutions. The addition also creates exciting new growth opportunities for our employees and broadens our experience in the security arena.”

Following the completion of the acquisition, Stanley and Niscayah’s leadership will develop the best structure going forward in order to maintain the company’s commitment to being the industry’s gold standard.

Featured

  • Achieving Clear Audio

    In today’s ever-changing world of security and risk management, effective communication via an intercom and door entry communication system is a critical communication tool to keep a facility’s staff, visitors and vendors safe. Read Now

  • Beyond Apps: Access Control for Today’s Residents

    The modern resident lives in an app-saturated world. From banking to grocery delivery, fitness tracking to ridesharing, nearly every service demands another download. But when it comes to accessing the place you live, most people do not want to clutter their phone with yet another app, especially if its only purpose is to open a door. Read Now

  • Survey: 48 Percent of Worshippers Feel Less Safe Attending In-Person Services

    Almost half (48%) of those who attend religious services say they feel less safe attending in-person due to rising acts of violence at places of worship. In fact, 39% report these safety concerns have led them to change how often they attend in-person services, according to new research from Verkada conducted online by The Harris Poll among 1,123 U.S. adults who attend a religious service or event at least once a month. Read Now

  • AI Used as Part of Sophisticated Espionage Campaign

    A cybersecurity inflection point has been reached in which AI models has become genuinely useful in cybersecurity operation. But to no surprise, they can used for both good works and ill will. Systemic evaluations show cyber capabilities double in six months, and they have been tracking real-world cyberattacks showing how malicious actors were using AI capabilities. These capabilities were predicted and are expected to evolve, but what stood out for researchers was how quickly they have done so, at scale. Read Now

  • Why the Future of Video Security Is Happening Outside the Cloud

    For years, the cloud has captivated the physical security industry. And for good reasons. Remote access, elastic scalability and simplified maintenance reshaped how we think about deploying and managing systems. Read Now

Most   Popular

New Products

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols.

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening.