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Latest Bosch Building Technologies news & announcements

Bosch & Alibaba expand AI partnership in cloud services

Bosch, a pioneering supplier of technology and services, and Alibaba Group, a global technology company focused on e-commerce and cloud computing, announced an expanded strategic partnership to accelerate digital transformation through advanced cloud computing and AI technologies. The enhanced collaboration will focus on cloud-based enterprise operations, AI-driven business innovations, and e-commerce expansion. Alibaba’s advanced cloud infrastructure “Our partnership opens up exciting opportunities for both Bosch and Alibaba to expand our offerings in the global market,” said Dr. Tanja Rückert, member of the Bosch board of management and Chief Digital Officer. “By joining forces, we combine Alibaba’s advanced cloud infrastructure, AI capabilities and e-commerce market reach with Bosch’s deep technological expertise in mobility, industrial technology and consumer goods to drive greater efficiency and innovation worldwide." "AI has been an innovation booster for Bosch across all business sectors, and cooperation with strong partners like Alibaba is essential for Bosch realising its full potential and creating greater value.” Alibaba’s strengths in AI and cloud computing “This partnership with Bosch demonstrates our commitment to empowering global businesses with world-class technologies and highlights Alibaba’s strengths in AI and cloud computing,” said Joe Tsai, Chairman of Alibaba Group. “Bosch’s pioneering expertise in advanced automotive solutions and household appliances, combined with Alibaba’s innovations in cloud, AI and e-commerce, will enable both our companies to bring compelling value propositions to customers worldwide.” Powering innovation through cloud services and AI The collaboration between the two groups covers multiple business areas, like corporate operations The expanded partnership – focusing on cloud migration and AI cooperation - marks a significant step further in bolstering Bosch’s digital operations and fostering industrial innovation.  As part of Bosch Group’s cloud hyperscalers strategy, the collaboration between the two companies covers multiple business areas, such as corporate operations, home appliances and commercial vehicles, to enhance operational efficiency and enable smarter business processes. In addition, the two companies intend to collaborate on exploring the potential of running Bosch’s intelligent driving environment on Alibaba Cloud’s AI infrastructure.  Qwen’s visual language model The partnership will leverage Alibaba’s AI capabilities to support Bosch’s businesses, boosting operational efficiency and enhancing product intelligence.  Qwen-based multimodal models to elevate the smart cockpit experience with more intuitive In the automotive sector, for instance, the two companies plan to evaluate Qwen-based multimodal models to elevate the smart cockpit experience with more intuitive in-vehicle interactions. The two companies also intend to explore the possibility of the development of next-generation automated driving solutions powered by Qwen’s visual language model to enhance scene recognition accuracy.  Driving global E-commerce growth Bosch and Alibaba will also drive growth and innovation in e-commerce via an expanded product portfolio As a key pillar of the expanded partnership, Bosch and Alibaba will further drive growth and innovation in e-commerce through an expanded product portfolio, enhanced customer engagement, and optimised brand experience.  In 2025, Bosch plans to launch new product categories in China with consumer insights from Alibaba’s e-commerce platform. Alibaba will also support Bosch in reaching a broader consumer base in China through comprehensive omni-channel digital marketing. Bosch and Alibaba’s collaboration in e-commerce Based on the framework of collaboration in China, Bosch will extend its e-commerce footprint to Southeast Asia, Spain, and Latin America through Alibaba’s global e-commerce platforms, including Lazada, Miravia, and AliExpress, to better serve local consumers with innovative, high-quality products. Bosch and Alibaba’s collaboration in e-commerce began in 2017. Bosch has since established a strong presence on Alibaba’s Tmall platform, offering a wide range of consumer-focused products, including home appliances, power tools, heating systems, and automotive aftermarket parts. Joint efforts across marketing, sales, membership programs and online-to-offline services have significantly strengthened Bosch’s digital ecosystem and customer engagement in China.

Integrated video surveillance at Secutech Vietnam

Secutech Vietnam returns to the Saigon Exhibition and Convention Centre (SECC), reaffirming its position as a cornerstone event for Vietnam’s security and fire safety sectors. Running 14–16 August, 480 exhibiting brands from 17 countries and regions are showcasing the latest innovations across 13,000 sqm, including five featured pavilions and three specialised zones. Meanwhile, the show’s fringe programme presents insights and cutting-edge solutions linked directly to Vietnam’s future economic ambitions. Latest integrated video surveillance Secutech Vietnam cements its pivotal role in driving emerging growth industries Backed by strong government support, and with some 15,600 trade visitors expected to attend, Secutech Vietnam cements its pivotal role in driving emerging growth industries, while maintaining its core focus on security and fire safety. The show brings together a diverse group of exhibitors presenting the latest integrated video surveillance, intelligent key and asset control, fire detection and suppression, personal protective equipment, and cutting-edge unmanned aerial vehicles (UAVs) and robotics for disaster prevention. Goals in smart manufacturing Ms. Regina Tsai, General Manager of Messe Frankfurt (HK) Ltd – Taiwan Branch, explained: “These innovations are perfectly aligned with Vietnam’s strategic goals in smart manufacturing, digital infrastructure, and enhanced urban safety – sectors that are pivotal to the country’s future development." "This is proven by the fact we have outstanding exhibitor participation for the second year in a row, thanks in no small part to strong support by major government bodies such as the Vietnam Fire and Rescue Police Department and the Ministry of Public Security." Vietnam’s key public sectors Two display areas, namely the Fire Truck Display Area and the Police Equipment Zone, spotlight applications Tsai added: "Their attendance underscores the strategic significance of the fair as a platform for advancing national safety and technological growth.” Two display areas, namely the Fire Truck Display Area and the Police Equipment Zone, spotlight applications for some of Vietnam’s key public sectors, while the show’s pavilions and zones give buyers convenient access to several of the industry’s most well-known international suppliers. Featured pavilions and zones Japan Pavilion Korea Pavilion MIT (Made in Taiwan) Innovation Zone Singapore Pavilion UL Solutions Pavilion Special zones include: Disaster Prevention Zone Occupational Safety / PPE Zone Urban Safety Zone The show’s VIP business matching service and buyer delegations are set to increase opportunities for innovation exchange, which is a topic also brought to the fore at several of the show’s fringe events. Integral to Vietnam’s economic initiatives and growth strategy Smart Factory & Automation Seminar focuses on industrial efficiency, a priority for Vietnam’s Industry 4.0 initiative The Smart Factory & Automation Seminar focuses on driving industrial efficiency, a key priority for Vietnam’s Industry 4.0 initiative, which aims to make Vietnam one of the leading smart manufacturing and innovation hubs in Asia. This one-day seminar, co-organised by the Ho Chi Minh City Automation Association (HAuA), brings together industry experts who share practical solutions, case studies, and strategies for integrating automation, electronics, security, and fire safety technologies into smart factories.  Confirmed speakers include representatives from Advantech, ESTEC Digital, Honeywell, KGS Fire & Security Singapore, M.Tech, NORD Gear, rexroth A Bosch Company, Schmersal Vietnam, TNT Technologies, and VdS. Vietnam’s Digital Infrastructure Strategy Meanwhile, the ICT & Smart Building Infrastructure Forum 2025, jointly arranged with the Ho Chi Minh Computer Association (HCA), addresses the convergence of smart building, security, automation, and ICT technologies, which aligns directly with Vietnam’s Digital Infrastructure Strategy. ICT & Smart Building Infrastructure Forum 2025, jointly arranged with the HCA, handles the convergence of Security This forum presents real-world applications demonstrating how security and fire system integrators, building management system providers, ICT vendors, and telecom operators collaborate to deliver integrated digital infrastructure. Speakers from 3ONEDATA, CAD, Dahua Technology, Hanwha Vision, KEENFINITY, Phuc Binh, Seagate Technology, Silver Sea, VNG Corporation, and VNPT will share expert insights on infrastructure intelligence, a key driver supporting Vietnam’s digital economy vision, which aims for the digital economy to account for 30% of GDP by 2030. Vietnam’s government-backed Industry 4.0 initiative Secutech Vietnam 2025’s Tech Stage further facilitates discussions on the key technologies aligned with Vietnam’s government-backed Industry 4.0 initiative, Digital Infrastructure Strategy, and digital economy goals. The stage is split into three sessions: 1. Security Session This session will showcase advanced security technologies that are essential for the growth of smart infrastructure across Vietnam. It features AI-powered video management, integrated enterprise security platforms, intelligent access and key management, as well as electric perimeter security solutions designed to enhance safety and operational efficiency. The following companies will share their unique insights: 3S System Technology, ASIS Technologies, AxxonSoft Asia, Morse Watchmans, Shanghai Gato IT, Servo Dynamics, and VIVOTEK. 2. Smart Fire Technology Session Focused on intelligent fire safety solutions for both urban and industrial environments, this session highlights technologies such as fire pumps, linear heat detection systems, modular fire and life safety platforms, and smoke/heat exhaust fans. These innovations aim to deliver early fire detection, effective emergency ventilation, and enhanced compliance with Vietnam’s safety regulations. Featured companies include: KGS Fire & Security Singapore, LGM Products, NM FIRE (S), and Phương Linh Group. 3. PPE/Disaster Prevention Session With an emphasis on the latest safety and disaster readiness products, this session is set to feature explosion-proof firefighting robots, high-endurance UAVs for surveillance and emergency response, emergency escape equipment, and premium safety footwear designed to improve workplace safety and rapid disaster response. The following companies will participate: Beijing Topsky Intelligent Equipment Group, Durasafe, Mallcom India, and VTFCTech. Held concurrently with Secutech Vietnam 2025, Fire & Safety Vietnam highlights innovations in fire prevention, rescue, and industrial safety, with SMABuilding spotlighting advancements in building automation, IoT integration, and energy efficiency. Together, these dedicated events broaden the scope of the platform, offering specialised solutions for safety, security, and smart building professionals.

Keenfinity expands in security tech market

New owner, new company name: the sale of Bosch Group’s security and communications technology product business to European investment firm Triton has been successfully completed. With all necessary clearances secured, KEENFINITY Group will operate as an independent company within the Triton portfolio, effective now. Quality, reliability, and innovation “We are excited about our future as a standalone company and convinced that the partnership with Triton brings us the opportunity to realise our full potential,” says Peter Loeffler, CEO of Keenfinity. “Our renowned brands exemplify our dedication to quality, reliability, and innovation, laying a solid foundation for future growth. With a global presence, excellent products, and a dedicated team we will continue to focus on customer expectations and evolving market requirements.“ New opportunities in the security and communications Keenfinity is the powerhouse behind globally recognised, industry-pioneering brands, ready to harness Keenfinity is the powerhouse behind globally recognised, industry-pioneering brands, ready to harness their legacy of quality, reliability, and technological excellence to explore new opportunities in the global security and communications technology markets. The company’s offerings include cutting-edge intelligent video systems, advanced access control and intrusion alarm technology, as well as communication systems from the prestigious Bosch, Electro-Voice, Dynacord, RTS, and Telex brands. All products are developed and manufactured by Keenfinity. The four manufacturing facilities and adjacent distribution centres in Straubing in Germany, Ovar in Portugal, Hermosillo in Mexico, and Zhuhai in China provide global production flexibility across Europe, the Americas, and China. Security and broader building technologies “Keenfinity is at the core of our investment strategy to further develop market-pioneering companies. We see significant untapped potential and want to support by investing in the company’s brands, technology, sales force, and go-to-market strategies, providing our know-how from having owned and successfully developed other businesses in the security and broader building technologies space," says Sachin Jivanji, Investment Advisory Professional at Triton. Some of the international legal entities of the company will initiate the renaming process to Keenfinity after July 1st, 2025. This is a change in name only, not affecting ownership or operations in the respective country.

Insights & Opinions from thought leaders at Bosch Building Technologies

Speaking the language of ISC West: A guide to jargon and buzzwords

Anyone who has been in a proverbial cave for the last couple of years faced a language barrier at this year’s ISC West 2025 trade show. The industry’s latest wave of innovation has brought with it a new bounty of jargon and buzzwords, some of which I heard at ISC West for the first time. As a public service, we are happy to provide the following partial glossary to promote better understanding of the newer terms. (Some are new to the security industry but have been around in the IT world for years.) Obviously, if we can’t understand the meaning of the industry’s lexicon (and agree on the meaning of terms!), we will struggle to embrace the full benefits of the latest industry innovation. Not to mention, we will struggle to communicate. Generative AI Generative AI can identify an object in an image based on its understanding of previous objects This was perhaps the most common new(ish) term I heard bouncing around at ISC West. While the term artificial intelligence (AI) now rolls off everyone’s tongue, the generative “version” of the term is catching up. Generative AI uses what it has learned to create something new. The name comes from the core function of this type of artificial intelligence: it can generate (or create) new content. It doesn’t just copy and paste; it understands the underlying patterns and creates something original based on that understanding. In the case of video, for example, generative AI can identify an object in an image based on its understanding of previous objects it has seen. Video and security Generative AI can tell you something digitally about what is happening in an environment. There is no longer a need to write “rules;” the system can take in data, contextualise it, and understand it, even if it does not exactly match something it has seen before. In the case of video and security, generative AI offers more flexibility and better understanding. From 2014 to 2024, the emphasis was on detecting and classifying things; today AI is expanding to allow new ways to handle data, not so prescriptive and no more rules engines. Agentic AI Agentic AI refers to artificial intelligence systems that can operate autonomously to achieve specific goals Agentic AI refers to artificial intelligence systems that can operate autonomously to achieve specific goals, with minimal to no direct human intervention. In addition to the capabilities of generative AI, agentic AI can take action based on what it detects and understands. Use of agentic AI typically revolves around an if/then scenario. That is, if action A occurs, then the system should proceed with action B. For example, if an AI system “sees” a fire, then it will shut down that part of the building automatically without a human having to initiate the shutdown. There is a lot of discussion in the industry about the need to keep humans involved in the decision-making loop, so the use of truly autonomous systems will likely be limited in the foreseeable future. However, the ability of agentic AI to act on critical information in a timely manner, in effect to serve as an “agent” in place of a human decision-maker, will find its place in physical security as we move forward. Inference Inference is another common term related to AI. It refers to the process by which an AI model uses the knowledge it gained during its training phase to make predictions, classifications, or generate outputs on new, unseen data. The direct relationship of this term to physical security and video is obvious. In the simplest terms, an AI system is “trained” by learning patterns, relationships, and features from a large dataset. During inference, the trained model is presented with new questions (data it hasn't seen before), and it applies what it learned during training to provide answers or make decisions. Simply put, inference is what makes AI systems intelligent. Containerisation Dividing a massive security management system into several separate containers enables management of the various parts In IT, containerisation is a form of operating system-level virtualisation that allows you to package an application and all its dependencies (libraries, binaries, configuration files) into a single, portable image called a container. This container can then be run consistently across any infrastructure that supports containerisation, such as a developer's laptop, a testing environment, or a server in the cloud. In the physical security industry, you hear “containerisation” used in the context of separating out the various components of a larger system. Dividing a massive security management system into several independent containers enables the various parts to be managed, updated, and enhanced without impacting the larger whole. Genetec’s SecurityCentre cloud platform Think of it like shipping containers in the real world. Each container holds everything an application needs to run, isolated from other applications and from the underlying system. This ensures that the application will work the same way regardless of the environment it is deployed in.   “It took us five years to containerise Genetec’s SecurityCentre cloud platform, but containerisation now simplifies delivering updates to products whenever we want,” says Andrew Elvish, Genetec’s VP Marketing. Among other benefits, containerisation enables Genetec to provide more frequent updates--every 12 days. Headless appliance Headless appliance is a device that is managed and controlled remotely through a network or web interface A headless appliance is a device that is managed and controlled remotely through a network or web interface. The device is like a “body without a head” in the traditional sense of computer interaction: It performs its intended function, but without any visual output or input device for local interaction. In physical security, such devices are increasingly part of cloud-based systems in which the centralised software manages and operates all the disparate “headless” devices. A headless appliance does not have a Windows management system. “The whole thing is managed through the as-a-service cloud system,” says Elvish. With a headless device, you just plug it into the network, and it is managed by your system. You manage the Linux-based device remotely, so configuring and deploying it is easy. Democratising AI You hear the term democratising AI used by camera manufacturers who are looking to expand AI capabilities throughout their camera lines, including value-priced models. For example, even i-PRO’s value-priced cameras (U series) now have AI – fulfilling their promise to democratise AI. Another approach is to connect non-AI-equipped cameras to the network by way of an AI-equipped camera, a process known as “AI-relay.” For instance, i-PRO can incorporate non-AI cameras into a system by routing/connecting them through an X-series camera to provide AI functionality. Bosch is also embracing AI throughout its video camera line and enabling customers to choose application-specific analytics for each use case, in effect, tailoring each camera to the application, and providing AI to everyone. Context Cloud system also enables users to ask open-ended queries that involve context, in addition to detection Context refers to an AI system that can understand the “why” of a situation. For example, if someone stops in an area and triggers a video “loitering” analytic, the event might trigger an alarm involving an operator. However, if an AI system can provide “context” (e.g., he stopped to tie his shoe), then the event can be easily dismissed by the automated system without involving an operator. Bosch’s IVA-Pro Context product is a service-based model that adds context to edge detection. The cloud system also enables users to ask open-ended questions that involve context in addition to detection. For example, rather than asking "do you see a gas can?" you can ask "do you see any safety hazards in this scene?" The pre-trained model understands most common objects, and understands correlations, such as "a gas can could be a safety hazard.” A scaled-down on-premise version of the IVA Context product will be available in 2026. Bosch showed a prototype at ISC West. Most video data is never viewed by an operator. Context allows a system to look at all the video with "almost human eyes." Cameras are essentially watching themselves, and understanding why something happened and what we can do. All that previously unwatched video is now being watched by the system itself, boosted by the ability to add “context” to the system. Any meaningful information based on context can trigger a response by an operator. Data lake A data lake is a centralised repository that allows one to store vast amounts of structured, semi-structured, and unstructured data in its native format. In the case of the physical security marketplace, a data lake includes data generated by systems outside the physical security infrastructure, from inventory and logistics systems, for example. A data lake is where an enterprise can accumulate all their data, from the weather to Point-of-Sale information to logistics, to whatever they can gather. Putting the data in one place (a “data lake”) enables them to mine that data and parse it in different ways using AI to provide information and insights into their business. Notably, a data lake contains all a company’s data, not just security or video data, which opens up new opportunities to leverage the value of data beyond security and safety applications. Crunching the various information in a data lake, therefore, security technology can be used to maximise business operations.

2024 was a big year for M&A in the security market

Big news on the mergers and acquisitions (M&A) front is closing out 2024, a year in which several shifts changed the face of the physical security manufacturer community. Announced in December, German giant Bosch Group is selling its Building Technologies division’s product business for security and communications technology to the European investment firm Triton.  Bosch division selling to Triton  The transaction encompasses three business units – Video, Access and Intrusion, and Communication – and thus the entire product business of Bosch Building Technologies that was offered for sale. All 4,300 associates employed in these units at more than 90 locations worldwide will be taken over. The transaction reflects a growing confidence in the security market among private equity companies such as Triton, Becklar, and Volaris.   Sharing best practices Acre Security and Bosch will remain independent, standalone companies under Triton’s ownership Acre Security, previously acquired by Triton, has benefited from Triton’s strategic guidance and expertise, according to the company, which is confident Bosch will experience the same level of support and opportunity to thrive. Acre Security and Bosch will remain independent, standalone companies under Triton’s ownership, but will benefit from the potential to collaborate and share best practices as part of the broader Triton portfolio.  Resideo acquires Snap One  Earlier in 2024, there were other large M&A transactions. In the spring, Resideo Technologies, Inc., a manufacturer and distributor of technology-driven products and solutions, agreed to acquire Snap One Holdings Corp., a provider of smart-living products, services, and software to professional integrators. The transaction is valued at $1.4 billion, inclusive of net debt. Upon closing, Snap One becomes part of Resideo's ADI Global Distribution business.  Honeywell buys Carrier’s Access Solutions  In late 2023, Honeywell announced plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation’s Global Access Solutions business for $4.95 billion, in an all-cash transaction.  The acquisition, which played out through 2024, includes both hardware and software solutions, adding three respected brands to Honeywell’s portfolio with a focus on life safety and digital access solutions. Acquired brands include LenelS2, commercial and enterprise access solutions; Onity electronic locks; and Supra cloud-based electronic real estate lock boxes. Hirsch reemerges as an iconic brand  The Identiv sale was originally announced in April, subject to regulatory approval Identiv announced plans to sell its physical security business and assets to Vitaprotech, the security solutions provider that also acquired British manufacturer, TDSI, in 2019. The Identiv sale was originally announced in April, subject to regulatory approval.  As a result of the sale, Hirsch, a global security technology pioneer advancing physical security, video intelligence, cybersecurity, and digital identification solutions, announces the relaunch of its iconic brand and strengthened focus on the industry’s most complete high-security, end-to-end platform.  Ease of use security solutions The move seeks to reposition Hirsch as the global pioneer in physical security, video intelligence, and identity solutions, protecting everything from small enterprises to critical national infrastructure. With a 43-year-strong foundation in the industry, Hirsch’s mission has always been empowering a secure, connected world, combining government-grade high security with ease of use. Milestone and Arcules unite  Effective July 1, 2024, global video technology company Milestone Systems announced its merger with the cloud-based video surveillance solutions provider, Arcules. Both companies are owned by Japanese multinational Canon Inc. Based in Irvine, Calif., Arcules was spun off from Milestone in 2017. The merger brings together Milestone and Arcules’ best-in-class capabilities within video management software (VMS), video analytics, and video surveillance as a service (VSaaS), providing a complete video technology offering.  More M&A stories in 2024  In other M&A moves in 2024, cloud-based workforce management software provider Synerion USA Inc. acquired cloud-based video surveillance and access control solutions platform Qumulex Inc. Also, the global pioneer in airspace awareness and security, Dedrone, became part of the public safety and technology company Axon. The acquisition unites two companies with a shared mission to improve public safety and national security by staying ahead of persistent and escalating threats, enabling faster, more effective responses and ultimately protecting more lives in more places.

Giants on the move: The year 2023 in security mergers and acquisitions

The sale of Carrier’s Global Access Solutions to Honeywell in December amounted to a dramatic finish to a big year in 2023 for mergers and acquisitions (M&A) in the physical security market. In the transaction between two industry giants, Honeywell sought to enhance and strengthen its building automation capabilities with the acquisition of Carrier’s Global Access Solutions business for $4.95 billion, in an all-cash transaction. Honeywell acquires Carrier Access business  The acquisition, which includes both hardware and software solutions, will mean a new corporate owner for the LenelS2 brand, a pioneering business for over 25 years in commercial and enterprise access solutions, including well-known offerings Onguard and Netbox. In addition, the acquisition covers the Onity brand of electronic locks, including hospitality access, mobile credentials, and self-storage access; and the Supra brand of cloud-based electronic real estate lockboxes.  ADT sells commercial business, which rebrands as Everon  ADT Inc. announced the sale of its commercial security, fire, and life safety business unit to GTCR ADT Inc., another industry giant and a trusted brand in smart home and small business security, announced the sale of its commercial security, fire, and life safety business unit to GTCR, a private equity firm, for a purchase price of $1.6 billion.  ADT Commercial, a security integrator and premier provider of commercial security, fire, and life safety in the United States, announced that it will move forward as a standalone organisation and rebrand as Everon.  Bosch to sell building technologies products  Bosch Building Technologies announced in 2023 that it is realigning its Building Technologies division to focus solely on its regional integrator business, with solutions and services for building security, energy efficiency, and building automation. Therefore, Bosch plans to sell most of the Building Technologies division’s product business. At year-end, Bosch was seeking a buyer who would take on all three business units with their associates and locations. This includes the Video, Access and Intrusion, and Communication business units, and affects some 4,300 associates at more than 90 locations worldwide. Building its integrator business earlier in 2023, Bosch announced the acquisition of Paladin Technologies, Inc., headquartered in Vancouver, Canada, a provider of security and life safety solutions and system integration services in North America. Motorola acquires IPVideo, creator of HALO Sensor In another deal emerging late in 2023, Motorola Solutions acquired IPVideo Corp., Bay Shore, N.Y., the creator of the HALO Smart Sensor, an all-in-one intelligent sensor that detects real-time health and safety threats. The powerful capabilities of the HALO sensor extend Motorola’s end-to-end physical security offering by integrating a non-video threat detection product into the safety and security ecosystem. IDIS acquires Costar Technologies  Costar has a sales channel of over 100 distributors and 1,000 systems integrators across the U.S. Korean video manufacturer IDIS and U.S. company Costar Video Systems had enjoyed a long-term existing ODM (original design manufacturer) relationship, and approximately 60% of Costar Video products were already made by IDIS. Therefore, it made sense when IDIS Co., Ltd. and Costar Technologies Inc. announced an agreement and plan to merge, with IDIS acquiring Costar. Leveraging Costar's established distribution networks and sales channels in the U.S. gives a significant boost to IDIS' growth strategy, which is founded on building long-term relationships with systems integrators. Costar has a sales channel of over 100 distributors and 1,000 systems integrators across the U.S. that will benefit from IDIS’ NDAA-compliant and 100% Korean-made technology. SECOM invests in Brivo and Eagle Eye  Eagle Eye Networks, a cloud video surveillance company, and Brivo, a provider of cloud-based access control and smart space technologies, announced one of the largest investments to date in cloud physical security in 2023.  SECOM CO., LTD, based in Japan and one of the largest security integration companies in the world, has made a primary equity investment of $192 million in the two companies, $100 million in Eagle Eye Networks, and $92 million in Brivo. $100M primary equity investment Brivo will also use the additional investment to continue expanding in Europe, Latin America, and Asia Pacific Eagle Eye Networks, a global pioneer in cloud video surveillance, announced it will use the $100M primary equity investment to expand its suite of AI-powered products, fund geographic expansion, and enhance its enterprise features.  Brivo will use the investment to grow sales and marketing, accelerate product development scale support and operational functions, and evaluate strategic acquisitions. Brivo will also use the additional investment to continue expanding in Europe, Latin America, and Asia Pacific, and enhance the smart spaces and AI functionality in the Brivo Access Platform.  ACRE buys PremiSys Portfolio  ACRE, a security company built on acquisitions, is continuing to broaden its portfolio and serve the expanding needs of its customer base. In 2023, ACRE acquired the PremiSys software and hardware portfolio and assets from IDenticard.  PremiSys’ technologies enable organisations to self-manage door access and view integrated video and lockdown facilities. The acquisition extends opportunities for ACRE in healthcare, education, data centers, and senior living facilities.  Qognify is a part of Hexagon  Qognify extends Hexagon’s real-time monitoring and security reach to detect, assess, and respond Qognify, a provider of video (VMS) and enterprise incident management (EIM) solutions announced that it has become a part of Hexagon. Qognify joins the Safety, Infrastructure & Geospatial division of Hexagon, following the completion of its acquisition originally announced on Dec. 19, 2022.  Qognify extends Hexagon’s real-time monitoring and security reach to detect, assess, and respond to incidents, providing a more robust offering. ASSA ABLOY continues acquisition trend  ASSA ABLOY continued to acquire companies in 2023 to strengthen its position in mature markets by adding complementary products and solutions to the core business. Among the companies acquired in 2023 were Ghost Controls, a U.S. supplier of automated residential gate openers, and Securitech Group, a manufacturer of high-security mechanical and electronic door hardware products in the U.S.  Door and fencing ASSA ABLOY also acquired Leone Fence, a Canadian manufacturer, distributor, and installer of fencing products for commercial and residential applications, and Lawrence Hardware and Gallery Specialty, providers of commercial hinges, locksets, exit devices, and door hardware accessories in Canada. Another new acquisition is Inovadoor Portas Industriais Ltda, a Brazilian manufacturer of sectional and high-speed doors.  Earlier in 2023, ASSA ABLOY completed the acquisition of Spectrum Brands’ Hardware and Home Improvement division and the divestment of Emtek and the Smart Residential business in the U.S. and Canada to Fortune Brands.

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