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Ackerman Security closes $75 million credit facility

Company says the new financing will help it realize its goal of doubling its revenue over the next five years
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06/27/2012

ATLANTA—Ackerman Security Systems announced this week that it closed a new $75 million credit facility.

Vector expanding into Cleveland market, gets new look

Company acquires 5,000 accounts in Ohio and updates its logo to reflect new business strategy
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06/20/2012

PITTSBURGH—Vector Security has acquired American Alert Corp. based in Geneva, Ohio. The acquisition adds 5,000 customers and will help Vector expand into the Cleveland market, according to Art Miller, VP of marketing for Vector, which is based here.

Vector Security Acquires in Ohio

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06/15/2012

Content: PITTSBURGH—Vector Security has acquired American Alert Corp., based in Geneva, Ohio, Vector announced this week. The acquisition adds 5,000 customers and makes Vector a stronger player in the Ohio market, the company said.

Platinum sued again, but two other cases dismissed

Ohio AG accuses Platinum of deceptive sales practices, but Monitronics and CPI withdraw their lawsuits against the company
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06/13/2012

AMERICAN FORK, Utah--Financially beleaguered Platinum Protection, a summer-model company here that laid off most of its employees in February, is facing another lawsuit, this one filed by the Ohio attorney general, charging that Platinum engaged in "false and misleading"

ADT enhances Pulse with new Home View application

New software allows Pulse customers to remotely interact with home devices via personalized floor plan
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06/06/2012

BOCA RATON, Fla.—A new free feature for ADT Pulse enables customers to create a virtual floor plan of their home to control smart-home devices through a mobile device or on the Web.

Cox launches home security in Phoenix

The cable company expands its trial of Cox Home Security, which started in Tucson last summer
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05/30/2012

ATLANTA—Cox Communications has expanded the trial of its home security/home automation offering to Greater Phoenix. The expansion follows the success of a trial of Cox Home Security in Tucson, Ariz., which began last June, the company said.

Ackerman launches five-year plan

The Atlanta-based super-regional moved outside of Georgia for first time in 2010, plans to do it again within the year.
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05/30/2012

ATLANTA—Ackerman Security Systems has a new president, plans to expand to a new market within about a year, and has revealed an ambitious new growth plan that calls for doubling its revenue over the next five years.

Security providers early winners in home automation/home security space

But telecoms and cable companies also are ‘in it to win’ and shouldn’t be discounted, an industry analyst says
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05/29/2012

DALLAS—Security providers have a “first mover” advantage in home automation/home security right now, but the big telecoms and cable companies entering the space are serious competitors who may be game-changers in the future, according to a market research company analyst.

Lowe’s home automation/home security launch near

The giant retailer’s offering will help grow the mass appeal of such services, a new report says
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05/22/2012

MOOREVILLE, N.C.—Lowe’s, the world’s second-largest home-improvement retailer, is expected to launch its new home automation/home security service soon.

AT&T ‘bullish’ on security

The company says it’s poised to not only compete in the home security/home automation market, but grow it too
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05/16/2012

DALLAS—AT&T isn’t just entering the security space with trials here and in Atlanta this summer of its home security/home automation service. The telecom also believes it will be able to transform that space through such innovations as letting customers try out its new Digital Life product in its more than 2,000 retail stores around the country, an AT&T executive told Security Systems News.

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Poll

SSN News Poll September 2014

Some new door-knocking scams recently prompted the Electronic Security Association to update its code of ethics to specifically ban them. Also, ADT this summer is offering up to $25,000 to whistleblowers who expose security companies that train sales teams to use deceptive selling techniques. What do you think are the best ways to combat door-to-door sales scams?

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