Industry News: Montenegro Luxury Casino Boosts High-Definition Surveillance
Casino Operator Selects Video Solution with AI
Merit International selected and deployed an advanced video solution in its newest luxury casino and hotel resort in Budva, Montenegro. The 2,500-square-meter Starlit Resort and Casino will leverage an end-to-end IDIS video solution. The system includes more than 90 NDAA-compliant cameras, including infrared dome and compact pan-tilt-zoom cameras with two-way audio. The solution provides the casino facilities with high-definition coverage of the gaming tables, slot machines, and surrounding areas, providing real-time monitoring of all activities.
Mergers & Moves
Pavion Corp.//ECD Systems
The acquisition of ECD Systems will enhance Pavion’s presence in healthcare critical communications in the U.S. Southwest. Pavion is a provider of integrated solutions for fire, safety, security, and critical communications.
Palo Alto Networks//IBM
Global cybersecurity provider Palo Alto Networks announced the completion of its purchase of IBM’s QRadar Software as a Service (SaaS) assets. The purchase will enhance the company’s services, including threat prevention.
Lone Star Funds//Carrier Global Corporation
A Lone Star affiliate has entered into a definitive agreement to purchase Carrier’s commercial and residential fire business for $3 billion.
HID//Sewio Networks
The acquisition of Sewio Networks, a real time location systems provider, will expand HID’s portfolio, especially for asset tracking use cases in automotive and manufacturing.
Awards
RegScale was selected as a finalist for SC Media’s Best Compliance Solution category, highlighting the company’s rapid emergence into the cybersecurity industry.
Partnerships
Identity verification. ATB Ventures announced a strategic partnership with Oliu, an ID verification platform, and Credivera, an exchange for verifiable credentials for workforce management. The partnership will result in the deployment of digital credential and ID verification solutions in Canada.
Building management. Honeywell has partnered with Cisco to develop an AI-powered solution that will automatically adapt building systems to reduce energy consumption while improving employees’ environment to enhance productivity and comfort.
Parking management. SU Group Holdings and UrbanChain Group entered into a joint development agreement to collaborate on an integrated artificial intelligence of things (AIoT) car parking, security, and access control solutions for markets in Southeast Asia.
Event security. Status Solutions partnered with the Westerville, Ohio Area Chamber of Commerce for the town’s 2024 Music and Arts Festival. The festival leveraged CATIE Mobile, a communications solution that enhanced communication and safety at the event.
Extreme weather. The Canadian federal government and the city of Toronto have partnered to modify the Black and Lavender Creeks in the Rockcliffe-Smythe area. The $323 million investment aims to reduce the risk of flooding and keep the community safe. The project will include a new flood protection wall, several bridges, and culvert replacements.
Ransomware. Verinext announced a new partnership with Halcyon to fill gaps in endpoint protection to mitigate ransomware risks and prevent business downtime.
