Volaris - Experts & Thought Leaders

Intellicene, the pioneer in intelligent security management platforms, announced the appointment of Greg Colaluca as General Manager. With more than 20 years of global leadership experience, Colaluca will guide the company into its next growth phase, emphasising the delivery of intelligent security solutions for mission-critical environments. Colaluca brings a wealth of experience in customer success, growth, profitability, and operational excellence. He leverages vision, analytics, and continuous process improvement to develop successful business models and plans, and his technical background and business development skills ensure focused sales, product development, and service delivery. Delivering innovative technologies “Greg’s experience and proven track record in global leadership and customer-focused solutions will drive a continued focus on market leadership and innovation,” said Becky Stout, Volaris. “We are confident in his ability to lead the company with his extensive experience in delivering innovative technologies, his proven history of program development, and his unwavering commitment to the organisation’s mission and values.” Prior roles of Colaluca Colaluca brings extensive experience to his new role as General Manager of Intellicene Colaluca brings extensive experience to his new role as General Manager of Intellicene. At Sensormatic, he led the Global Services team, providing solutions in design, RFID consulting, solutions design/architecture, implementation, and analytics.  Before Sensormatic, he led Global Delivery at Astreya Partners, managing network engineering, network operations, and IoT services. At Hewlett Packard Enterprise, he served as Senior Director for the Consumer and Retail Industry, overseeing IT delivery across the Americas, EMEA, and APAC regions. Intelligence and stronger risk mitigation "Intellicene is well-positioned to deliver on its promise of helping organisations achieve greater intelligence and stronger risk mitigation in an evolving business environment,” Colaluca said. “Backed by a world-class team and a robust technology portfolio, I am excited to lead this organisation into its next era and help customers around the globe achieve safer and stronger operations.”

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.