SACRAMENTO, Calif.—GHS Interactive Security, a new home security company based here, announced this week that it is expanding into southern California with the hire of Shaun Carpenter, an industry veteran who has run large dealer programs in that area for the past 10 years.
BOCA RATON, Fla.—Although The ADT Corp. reported Jan. 30 that ADT Pulse take rates and recurring revenue were up in its latest quarter, it also said net income decreased 27 percent in that period—and its share price tumbled.
Experts say the security industry should pay attention to the Internet services provider’s multimillion-dollar buy of a maker of intelligent thermostats and smoke alarms; they don't rule out a Google security offering
YARMOUTH, Maine—Security companies should take note of Google’s recent expansion into the connected home with its $3.2 billion buy of smart thermostat and smoke alarm maker Nest Labs, industry experts tell Security Systems News.
ARLINGTON, Mass.—American Alarm and Communications, based here, announced this week that it has acquired AAA Custom Alarm Systems of Warwick, R.I. The buy adds density to American Alarm’s existing operations in Rhode Island and unites under one roof several companies with a long history together.
LAS VEGAS—The annual Consumer Electronics Show didn’t used to loom so large on ADT’s radar. But 2014 marks the second year in a row the security giant has had a booth at CES and the company now views it an event not to be missed, according to Tony Wells, ADT SVP and chief marketing officer.
LEHI, Utah—One year after opening a 30,000-square-foot Innovation Center here, Vivint has outgrown its current facility and is now planning to move the center to a new building nearby that’s about three times the size of the existing center.
NEWTOWN SQUARE, Pa.—Alarm Capital Alliance had a robust 2013, with RMR growing nearly 14 percent and gross revenues by about 23 percent. Now, its purchase of Interface Security Systems’ Hawk Security adds immediate growth for 2014 and gives the company a new strategic position in Texas that promises even more.
LANCASTER, Pa.—Select Security, a super-regional based here, is starting 2014 with a restructured management team and goals that include a new inside sales program and additional growth of its summer sales program.