Home Technologies sets first move of expansion
BELLEVUE, Wash. - Home Technologies, a provider of home automation and security solutions for the low voltage market has made its first move in a three-part growth strategy that includes creating a dealer program by acquiring residential systems integrator Digitech Home Systems.
ADT fails to secure dismissal of lawsuit
DENVER - A Colorado judge has denied ADT Security ServicesÃ¢â‚¬â„¢ motion to dismiss a class action lawsuit filed by Advantek Pro, a former ADT authorized dealer.
The judgeÃ¢â‚¬â„¢s ruling clears the way for the firm to seek a class action certification of the lawsuit, which if approved will include current and past ADT dealers.
SCOTTSDALE, Ariz. - ADT Security Services has filed a lawsuit against First Protection, a former member of its authorized dealer program, claiming breach of contract, but the Arizona-based security system provider has turned around and countersued for more than $3 million in damages.
CALGARY, Alberta - Securex Investments, a financial service provider to the security industry, has completed its purchase of shares of Microtec Enterprises - a move that began with an offer to buy 19.9 percent of subordinated voting shares of the struggling alarm provider in April.