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

  • From Surveillance to Intelligence

    Years ago, it would have been significantly more expensive to run an analytic like that — requiring a custom-built solution with burdensome infrastructure demands — but modern edge devices have made it accessible to everyone. It also saves time, which is a critical factor if a missing child is involved. Video compression technology has played a critical role as well. Over the years, significant advancements have been made in video coding standards — including H.263, MPEG formats, and H.264—alongside compression optimization technologies developed by IP video manufacturers to improve efficiency without sacrificing quality. The open-source AV1 codec developed by the Alliance for Open Media—a consortium including Google, Netflix, Microsoft, Amazon and others — is already the preferred decoder for cloud-based applications, and is quickly becoming the standard for video compression of all types. Read Now

  • Cost: Reactive vs. Proactive Security

    Security breaches often happen despite the availability of tools to prevent them. To combat this problem, the industry is shifting from reactive correction to proactive protection. This article will examine why so many security leaders have realized they must “lead before the breach” – not after. Read Now

  • 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

Most   Popular

New Products

  • 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.

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.

  • 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.