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Vivint owners sell AlliedBarton for $1.67 billion

 - 
06/30/2015

NEW YORK—Blackstone, a private equity firm based here, today announced the $1.67 billion sale of security guard company AlliedBarton to Wendel, a Paris-based private equity group.

LOUD takes on 1,200 Alarm Associates accounts

Georgia-based company continues to expand
 - 
06/29/2015

KENNESAW, Ga.—LOUD Security has acquired Alarm Associates Inc. of Atlanta, adding 1,200 accounts and bringing its RMR to more than $210,000, according to owner and president John Loud.

Alarm.com sets price at $14 per share

Stock to begin trading on NASDAQ today
 - 
06/26/2015

VIENNA, Va.—Alarm.com Holdings Inc. has priced its initial public offering of 7 million shares of common stock at $14 per share. The shares are expected to begin trading on NASDAQ today, June 26, under “ALRM,” according to the company.

UL introduces standard for managed video

UL-827 b introduced at ESX 2015
 - 
06/26/2015

BALTIMORE—UL announced a new standard for managed video services, UL-827 b.

Security Systems News launches Cloud+

SSN introduces the security industry’s first conference dedicated to ‘all things cloud’
 - 
06/22/2015

FOSTER CITY, Calif.—Security Systems News today announced it is launching the security industry’s first conference dedicated to all things cloud. Cloud+ will take place Dec. 7-8 in Silicon Valley at the Crowne Plaza Hotel in Foster City, Calif.

Alliance Security credits employee smarts for big growth

Resi company’s learning culture leads to high retention rates, CEO says, prepping move to new, bigger HQ
 - 
06/22/2015

WARWICK, R.I.—Alliance Security, a burgeoning resi security and home automation provider, based here, anticipates increasing its sales from $56 million to $110 million this year. It also expects to double its workforce to 600 by the end of 2015 and is in the process of moving to a new 60,000-square-foot site in Cranston, R.I.

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Commercial & Systems Integrators

Poll

SSN News Poll August 2015

Physical security information management—PSIM—software has been around for a decade, but disagreement about what PSIM is and where it belongs persists. PSIM is projected to grow in the North American market by $1.3 billion by 2019. How do you view PSIM?

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