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SAFE Security acquires 24,000 accounts from Pinnacle

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02/06/2013

SAN RAMON, Calif.—SAFE Security announced this week that it has acquired about 24,000 alarm monitoring accounts from Orem, Utah-based Pinnacle Security. The accounts represent $1.1 million of RMR, according to SAFE, which is based here.

Vivint: 'Disruptive innovation' key to success

Company sees 'more opportunity to disrupt' and joins new business trend by hiring chief innovation officer
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01/30/2013

PROVO, Utah—“Disruptive innovation”—shaking up the traditional security model to create new markets—is a major reason for Vivint’s success, according to Vivint COO Alex Dunn.

Pro 1's Pinnacle purchase parsed

Marrying a brick-and-mortar model with door knocking has rewards, but there are challenges as well, says a company owner who uses both models.
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01/30/2013

LANCASTER, Pa.—Protection 1 is not breaking new ground in acquiring Pinnacle Security assets so it can integrate Pinnacle’s seasonal selling model with Protection 1’s brick-and-mortar approach, says the owner of a traditional security company that already has added summer sales to its mix.

Pro 1 dives into summer sales with Pinnacle buy

Pro 1 acquires ‘select’ Pinnacle assets, saying it wants to integrate Pinnacle’s ‘seasonal selling model’ with Pro 1’s ‘brick-and-mortar’ approach
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01/28/2013

ROMEOVILLE, Ill.—Protection 1 is getting into the summer-sales market by buying some of the assets of Pinnacle Security, one of Utah’s leading door-knocking companies.

American Alarm expands reach in Rhode Island

It strengthens its presence in the state by acquiring a family-owned company
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01/23/2013

ARLINGTON, Mass.—American Alarm and Communications, based here, announced this week that it has acquired P&J Alarm of West Greenwich, R.I., adding more than 1,000 residential and commercial accounts.

Platinum Protection allegedly in default on $10m note

New lawsuit charges the Utah summer-sales-model company with failing to make good on payments to buy out some investors now accused of running a Ponzi scheme
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01/23/2013

AMERICAN FORK, Utah—Platinum Protection has defaulted on a promissory note of more than $10 million that it agreed to pay when it bought out the company’s startup investors in 2011, a recently filed lawsuit charges.

Guardian Protection’s new VP of sales unveils ‘multi-dimensional’ plans

Barry Bruce wants to push home automation, beef up call center
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01/16/2013

WARRENDALE, Pa.—Guardian Protection Services, a super-regional based here, recently announced plans to create “a multi-dimensional inside sales center.”

Vivint innovates with new position

Vivint is the second prominent home security/home automation company—ADT was first—to create and fill an innovation officer job
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01/15/2013

PROVO, Utah—Vivint announced today that it has created a new position—chief strategy and innovation officer—and has named Matthew Eyring, a prominent strategy consultant, to the job.

Safe Systems acquires, adds new office

Colorado company is experiencing ‘phenomenal’ growth, president and founder says
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01/11/2013

LOUISVILLE, Colo.—Safe Systems, based here, opened a new satellite office and made two acquisitions in 2012. In 2013, the company plans to acquire again as well as grow organically—all part of a multi-year growth strategy.

AT&T to launch Digital Life in eight markets in March

AT&T retail stores are key to sales strategy; door knocking is possibility
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01/09/2013

DALLAS—After entering the security space last summer with trials here and in Atlanta of its home security/home automation service called Digital Life, AT&T announced this week it will launch its offering in eight markets in March and have it available nationwide by the end of 2013.

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Poll

SSN News Poll May 2015

It seems that another cloud-based security product or service comes out every day. Do you believe, as 3xLOGIC’s Matt Kushner said, “[Integrators] who continue to offer conventional access and video are going to be adding to a shrinking market. The new, growing market is cloud-based managed services.”? Is 2015 the year that cloud will finally have its security industry day in the sun?

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