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Proposed New York legislation causes major stir

Proponents and opponents urged to attend open hearing to make their voices heard
 by: 
Daniel Gelinas
  - 
01/20/2011
  | 
Monitoring

ALBANY, N.Y.—Proposed legislation being developed by an alarm association committee here has created such a stir that the New York Burglar & Fire Alarm Association has decided to conduct an open forum discussion at its Feb. 10 board of directors meeting.

Rockbridge buys Connect America in third 'largest PERS deal ever'

Second security industry investment for Rockbridge Capital
 by: 
Daniel Gelinas
  - 
01/20/2011
  | 
Monitoring

DETROIT—It’s the third largest personal-emergency-response-system company purchase, and it bodes well for the PERS industry, according to Connect America president and CEO Ken Gross.

Stealth Monitoring goes international with Canadian client

 by: 
Daniel Gelinas
  - 
01/13/2011
  | 
Monitoring

DALLAS—Stealth Monitoring has grown from one client in 2006—a local scrap metal yard—and one trained operator live monitoring the camera feed to more than 1,500 cameras today and 15 trained operators. And it also has just made the move to international status with the addition of a Canadian dealer client.

G4S to monitor networks from central station

Network monitoring capabilities a major differentiator
 by: 
Daniel Gelinas
  - 
01/13/2011
  | 
Monitoring

BURLINGTON, Mass.—Mega-security company G4S in December brought Adesta’s network monitoring operation under that same roof as its other monitoring operations, a move G4S executives say will expand their offerings and capabilities.

Verizon debuts home security offering at CES

Industry insiders say security companies should take note
 by: 
Daniel Gelinas
  - 
01/06/2011
  | 
Monitoring

LAS VEGAS—Verizon, which has had a stealth presence at recent security shows, this week launched its new home security offering at the Consumer Electronics Show here.

Looking at the Monitronics acquisition

What does Ascent’s $1.2b investment in security mean?
 by: 
Daniel Gelinas
  - 
12/22/2010
  | 
Monitoring

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.

Ascent Media buys Monitronics for $1.2b

Haislip talks to SSN about new owner
 by: 
Daniel Gelinas
  - 
12/17/2010
  | 
Monitoring

SANTA MONICA, Calif.—Ascent Media Corporation, a holding company based here, announced on Dec. 17 that it had agreed to purchase Monitronics International in a deal valued at $1.2 billion. 

Prior to an Ascent investor call on Monday, Dec. 20, Monitronics president and CEO Mike Haislip told Security Systems News in an exclusive interview why he felt the acquisition was a sign of good things to come.

“We’re really excited about this because it brings a lot of stability having someone like Ascent behind us. It’s their first foray into security, but we think it’s a very good fit.”

Monitronics rated Company of the Year by Frost & Sullivan

 by: 
Daniel Gelinas
  - 
12/17/2010
  | 
Monitoring

DALLAS—Following closely upon its reception of an Excellence in Best Practices Award from Frost & Sullivan, Monitronics has picked up the Company of the Year Award from the market research company. This is the second year Monitronics has been so honored by Frost & Sullivan.
What are they doing right?

C.O.P.S. deploys more mainframes for greater backup

by: 
Daniel Gelinas
  - 
12/16/2010
  | 
Monitoring

WILLIAMSTOWN, N.J.—Hot on the heels of the announcement that it would soon open its fourth 24/7 redundant central station, C.O.P.S. Monitoring has announced the launch of new automation system mainframes designed to increase disaster preparedness and recovery by adding more geographically disparate processing power for its automation platform.

Municipality ponders private security officer response to all alarms

 by: 
Daniel Gelinas
  - 
12/15/2010
  | 
Monitoring

SHAWNEE, Kan.—Police officials here were putting together a proposal for the Shawnee City Council’s vote that would have required monitoring companies in the municipality to verify all alarms via a private security officer before dispatching alarms to the police. It’s a very restrictive form of verified response that could have had huge implications for the security industry had it gone through, officials said.

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Poll

SSN News Poll June 2013

Early termination fees are a standard in the security industry but now The ADT Corp. is facing a class-action lawsuit over them. The attorney representing ADT clients from California, Illinois and elsewhere in the lawsuit says the fees violate federal and state consumer protection laws. But industry advocates say the fees are legitimate to help companies recover installation costs and for loss of profit. What do you think about such fees?

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