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Speco launches factory outlet

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Wednesday, December 17, 2014

New York-based Speco Technologies, which provides residential and commercial video surveillance, electronics accessories and audio products, has opened an online factory outlet store.

That’s right, a factory outlet store.

Security Systems News, being just down the road a piece from Freeport, Maine, one of the nation’s outlet meccas, knows a thing or two about factory outlet stores. A lot. But an outlet security store? Hmmm. That’s interesting. Is this a new trend?

Speco’s online outlet store will offer limited-inventory closeout and refurbished items at “bargain prices,” according to a statement from the company.

A perusal of the e-store site found a variety of indoor and outdoor cameras, monitors, NVRs and power supplies and switchers, among other products.  

Specostore.com is a full e-commerce site with SSL encryption, which allows users to browse and purchase products and track and follow up on orders, all through a secure login, the company says. All products sold through Specostore.com will have a 90-day warranty.

A call into Speco wasn’t answered by press time, but we’ll certainly update if we can.

Alarm.com goes after ‘next frontier—connected business’ with acquisition of Secure-i

Commercial video surveillance offering is first step, access control and other capabilities to follow
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12/16/2014

VIENNA, Va.—Alarm.com, known for its connected home platform, is going after the commercial market with the acquisition, announced today, of commercial video surveillance provider Secure-i.

Johns seeks to transform ISI Security

New president will focus on large construction market, nationwide build up
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08/27/2014

SAN ANTONIO—As the newly named president of ISI Security, Buddy Johns plans to lead this $70 million firm that’s known for its specialization in the corrections vertical through “a major transformation.”

SecurTek taps new CEO

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Wednesday, November 6, 2013

Some hiring news surfaced this week from north of the border. Yorkton, Saskatchewan-based SecurTek, which has three central stations in Canada and commercial and residential accounts in several provinces, hired Darrell Jones to be its new president and CEO, the company announced in a news release.

Jones comes to the SecurTek, a subsidiary of SaskTel, a Canadian telecom company, from outside the industry. He worked previously at the Manitoba Housing and Renewal Corporation, and his background also includes active involvement as a board member with the Real Estate Institute of Manitoba.

He’ll now be at the helm of a company with a dealer network of 150 partners, in retail, wholesale monitoring and security servicing. In addition to its commercial and residential security offerings, SecurTek provides video and medical monitoring.

“Darrell has established strong and positive working relationships with the non-profit sector, stakeholder organizations, and the private sector in his role with the Manitoba Housing and Renewal Corporation,” Ron Styles, SaskTel President and CEO, said in a news release. “Darrell will be a strong addition to the SecurTek team and I’m confident under his leadership SecurTek will continue to grow and thrive.”

In the coming week I hope to speak with Jones about the transition to the security industry, and to explore how his background in real estate could be a boon to someone hoping to expand the company’s residential and commercial account bases.

Putting the Vivint sale in perspective

Michael Barnes and George De Marco on the $2 billion valuation of Vivint, whether its growth plans are realistic, and its plans for expansion into commercial security
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09/19/2012

YARMOUTH, Maine—News today that the Blackstone Group, a $180 billion private equity firm, will acquire home automation and security company Vivint in an agreement worth more than $2 billion is another “huge shot of support for the industry,” Michael Barnes, founding partner of Barnes Associates, a consulting and advisory firm that specializes in the security alarm industry, told Security Systems News.

Vivint to be sold to Blackstone in $2 billion deal

CEO Pedersen: Vivint has plans to become one of the largest national players in commercial security
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09/18/2012

PROVO, Utah—Vivint has entered into an agreement with the Blackstone Group to be acquired in a deal worth “north of $2 billion,” Todd Pedersen, Vivint CEO, told Security Systems News.