HOUSTON - In an effort to capitalize on the companyÃ¢â‚¬â„¢s recurring revenue model, broadband services company Eagle Broadband has formed a new security division that willÃ‚Â streamlineÃ‚Â the companyÃ¢â‚¬â„¢s disparate security operations and pave the way for growth.
Through the formation of Eagle Broadband Security Home Division, the company has channeled the sales and installation of its more than 6,000 accounts from several Eagle Broadband companies into a new, single staff of about 20 employees, said Dean Cubley, chairman and chief executive officer of Eagle Broadband.
TOPEKA, Kan. - Officials from Westar Energy said in late June that its subsidiary, Westar Industries, had closed the sale of Protection One Europe to two investment funds managed by ABN Amro Capitol France.
HARRISBURG, Pa. - A new headquarters with ample room has afforded Knight Security Systems the space to create a program to provide home-builders with structured wiring and other services, such as security and central vacuum systems.
FORT MYERS, Fla. - An association of mid-size alarm companies that grew out of a network of Westinghouse Security Systems dealers nearly three decades ago has evolved into a small but vital invitation-only group that was, at press time, gearing up for its annual meeting in late June.
WASHINGTON - Once a major lender to independent alarm dealers, Leasecomm agreed in late May to drop $24 million worth of current and pending lawsuits against consumers that contracted with Leasecomm for Ã¢â‚¬Å“get rich quickÃ¢â‚¬Â business opportunities under the terms of a settlement with the Federal Trade Commission.
Federal trade regulators pursued charges against the company in part because of language contained in contracts with consumers who purchased business opportunities from Leasecomm, such as medical billing software or multi-level marketing programs.
BELLEVUE, Wash. - Things just got a little easier for industry professionals, builders and homeowners looking to install low- and high-voltage systems here, said the owners of a newly formed electrical company.
John Bergher, EVP of marketing and customer care for Sacramento, Calif.-based GHS Interactive Security, talks to Tess about the partnership GHS formed this spring with Solar Universe to offer homeowners a solution combining security, home automation and solar.