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Richmond Alarm out of home theater

Richmond sheds home theater biz to concentrate on its core mission
 - 
07/28/2011

RICHMOND, Va.—Richmond Alarm this month sold a home theater/home audio business that it purchased two years ago to a local home technology integrator.
The sale to Livewire of NSN Technologies took place July 18, said Wayne Boggs, president of Richmond Alarm, a Honeywell First Alert dealer based here.
NSN did not perform as expected after the bottom fell out of the new housing construction market in the recession, so the offer by Livewire to purchase the business benefited both companies, Boggs told Security Systems News.