PROVO, Utah—Vivint has been making a habit in the past year of going outside the industry to hire members of its leadership team. The latest example is Jeff Lyman, who worked for Nike before joining the home automation/home security giant.
TUCSON, Ariz.—Vyanet Operating Group acquired Guard Pro Protection Services, based here, on Feb. 7. The two companies’ new strategic relationship creates growth opportunities, according to Steve Abril, founder of Guard Pro.
NASHVILLE, Tenn.—ADS Security, based here, this week announced the acquisition of the accounts of two Alabama security companies, Advanced Electronic Solutions of Opelika, and Guardian Security Systems of Decatur.
WARRENDALE, Pa.—A new in-house financing feature offered by Guardian Protection Services’ authorized dealer program is a major reason one of California’s largest security dealers has joined the program, expanding Guardian’s presence in that lucrative market.
CHARLOTTE, N.C.—Sonitrol Security Services recently became a Honeywell First Alert Professional (FAP) dealer, a move that will help the company “take it to the next level” in the high-end residential market, said Sonitrol Security CEO and President William Price.
WILMINGTON, Del.—B Safe, based here, recently made two buys in New Jersey, giving the company more depth in that state, according to Mary Cakir, customer service manager for the regional security and fire company.
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.