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Research shows continued growth in smart home market

Parks Associates looks at where the industry is going at CES
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01/20/2017

DALLAS—Approximately 26 percent of U.S. broadband households today now own a smart home device, up from 19 percent at the end of 2015, according to new Parks Associates’ research that was announced at its CONNECTIONS Summit at CES in January.

SafeStreets USA changes executive line-up

Following several retirements, executives from recently merged companies take new positions
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01/18/2017

KENT, Wash.—SafeStreets USA, a large ADT dealer based here, recently announced changes to its executive line-up, including a new CEO, CFO, chief development officer and president.

Vivint unveils smart home assistant at CES

Company also announces a Flex Pay option, partnerships with Airbnb, Vivint Solar
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01/11/2017

PROVO, Utah—Vivint Smart Home, a smart home services provider based here, made several big announcements at CES 2017 last week, most notably Vivint Sky, the company’s new smart home assistant that uses artificial intelligence, or AI, to manage all of the devices in a connected home.

Titan Alarm finishes year strong with third acquisition

Company hopes to surpass $200K in RMR by Q2
 - 
01/11/2017

PHOENIX—Titan Alarm, a security, access, fire and surveillance company based here, made its third acquisition of 2016, finishing the year strong with the purchase of accounts and RMR of Arrow Security Design LLC, a Scottsdale, Ariz.-based company owned and operated by Ray Millazo, who is retiring after more than 30 years in the industry.

Vortex secures $3m in funding

Company reaches $100k in RMR, looks to sustain strong growth
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12/21/2016

JUPITER, Fla.—Vortex Security, a home and business security and automation company based here, recently secured $3 million in credit from Cassell Global Investments, funding that will help the company sustain its strong growth organically as well as possibly expand through acquisition.

CONNECT Panel: Company branding in the digital age

Tammy Beil presents on considerable factors in marketing a company
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12/07/2016

HOLLYWOOD, Fla.—Tammy Beil, chief growth officer for marketing firm TABeil, kicked off her Honeywell CONNECT session by listing some of the most globally recognized brands, including Google, Coca-Cola, Mercedes-Benz and Nike.

Vector receives $300 million in credit

Company to repay existing credit and finance acquisitions
 - 
12/07/2016

PITTSBURGH—Vector Security, a large residential and commercial security provider based here, recently entered into an agreement for a $300 million revolving credit facility.

Women in Security: Custom Alarm looks at connected home tech

Company CEO discusses key technologies, educating staff
 - 
11/29/2016

ROCHESTER, Minn.—Custom Alarm’s CEO Melissa Brinkman talked with Security Systems News about the company’s increased approach to smart home technologies.

SAFE Security secures new sub-debt facility

President and CEO says company seeing ‘significant growth’ this year
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11/09/2016

SAN RAMON, Calif.— SAFE Security announced on Oct. 25 that it has secured a subordinated debt facility with lead agent Ironwood Capital and co-investor OFS Capital Corporation, an investment that SAFE president and CEO Paul Sargenti said will allow the company to continue its strong growth for the year.

ADS acquires Branham Security

Company continues to grow in Carolinas market
 - 
11/01/2016

NASHVILLE, Tenn.—Continuing a record-setting year for acquisitions, ADS Security recently acquired 1,100 accounts from Branham Security, based in Elgin, S.C., about 20 miles outside of Columbia.

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Poll

SSN News Poll September 2017

A variety of dealers and monitoring centers have taken interest in the PERS, mPERS and medical monitoring space. How do you think PERS and security could interact?