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Protection One credit rating downgraded

 - 
01/01/2004

TOPEKA, Kan. - Protection One’s credit rating has been downgraded by Standard & Poor’s Rating Services, an implication that the up-for-sale alarm company may need to restructure its debt or file for bankruptcy after it finds a buyer.

Briefs

SSN Staff  - 
01/01/2004

AlarmForce secures financing

TORONTO - Residential and commercial alarm company AlarmForce Industries announced in early December it had closed a previously announced bought deal financing led by Acumen Capital Finance Partners Limited to issue 1,000,000 common shares on a private placement basis. The price was $2.

Venerable appliance retailer enters home controls market

Sears, Home Director launch authorized integrator program
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01/01/2004

HOFFMAN ESTATES, Ill. - One of the most trusted sellers of home appliances is making inroads in the home integration market through a partnership with a home controls system manufacturer and an authorized integrator program that already stretches across the United States.

Tyco garners new $2.5 billion in funding

SSN Staff  - 
01/01/2004

PEMBROKE, Bermuda - Tyco International Inc. announced in late December that it had completed negotiations of new bank credit facilities totaling $2.

Briefs

SSN Staff  - 
12/01/2003

Home integrator elected to CEA board

ARLINGTON, Va. - The president of a home integration company heavy into security has been elected to the Consumer Electronics Association’s Executive Board, the first time a non-manufacturer has joined the board.

Security firm expands through Mass.

Security Team’s emphasis is reaching clients in one hour
 - 
12/01/2003

BYFIELD, Mass. - With a recent acquisition and a new location opening up in an adjoining state, a local security firm here is well on its way to its goal of blanketing Massachusetts with its services.

ADT spared chopping block in restructuring

Security company considered “core” to Tyco’s Fire & Security division portfolio
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12/01/2003

BOCA RATON, Fla. - The flagship brand in the residential security market was apparently spared the chopping block in the latest round of cuts at parent Tyco International, but ADT Security Services could still see changes in its geographic and financial makeup as a result.

Sweetwater makes largest purchase yet

 - 
12/01/2003

HOUSTON - A security holding company growing with acquisitions has made its fourth and largest purchase to date, picking up Apex Security in Glenwood Springs, Colo.

The acquisition gives Sweetwater Security Capital five locations in Colorado and 4,500 residential and small commercial accounts, boosting the company’s overall account base to about 7,000 accounts, according to Donald Bresina-Hawkins, chairman of Sweetwater.

Westar posts loss on Pro One

SSN Staff  - 
12/01/2003

EDMONTON, Alberta - Home and business security provider Voxcom in late October reported slightly higher EBITDA and monthly monitoring revenues for the quarter ending Aug. 31, 2003.

Voxcom records improved EBITDA

SSN Staff  - 
12/01/2003

EDMONTON, Alberta - Home and business security provider Voxcom in late October reported slightly higher EBITDA and monthly monitoring revenues for the quarter ending Aug. 31, 2003.

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Poll

SSN News Poll November 2014

The Custom Electronic Design & Installation Association's CEDIA Expo is a home technology trade show with products and training related to audio, video, control, security and networking—and it's growing. CEDIA says the 2014 event, held Sept. 10-13 in Denver, had more than 18,500 attendees, an increase of 3 percent, and floor space increased 14 percent for the 480 exhibitors. But is this show growing in importance for the security industry? Tell us what you think.

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