OREM, Utah—Pinnacle Security, a leading summer-sales-model company based here, recently announced an alliance with Monitronics International in which Pinnacle has sold Monitronics about 93,000 accounts and made an agreement for future account sales. The accounts represent $4.4 million of gross RMR, according to a news release.
DALLAS—Monitronics International has begun accommodating Wi-Fi for IP alarm communications, paving the way for what the company says will be easier installations and lower service costs for customers and dealers.
YARMOUTH, Maine—Santa Monica, Calif.-based Ascent Media Corporation announced Dec. 17 it had bought Monitronics International, one of the largest third party monitoring companies in the U.S. with more than 650,000 accounts, in a deal worth $1.2 billion.
While many of the finer details of the deal are as yet unrevealed, industry observers have come forward to discuss the information made publicly available in a Dec. 20 Ascent investor call.