NEW YORK - According to a company executive, Tyco InternationalÃ¢â‚¬â„¢s Fire & Security division may soon shed its Sonitrol alarm monitoring unit.
Tyco Fire & Security President Dave Robinson made the announcement on Wednesday during a conference call at TycoÃ¢â‚¬â„¢s investor meeting here.
Bresina to head Eagle BroadbandÃ¢â‚¬â„¢s security division
LEAGUE CITY, Texas - Eagle Broadband has hired industry veteran Don Bresina as general manager of security and financial services. In this newly created position, Bresina will be responsible for leading EagleÃ¢â‚¬â„¢s security division, the companyÃ¢â‚¬â„¢s strategic business investment and mergers and acquisitions activities, as well as assisting EagleÃ¢â‚¬â„¢s broadband customers with their financing needs.
DALLAS - Security industry lender Financial Security Services said in late 2003 that it had partnered with a major bank for new lending opportunities for the security industry and appointed a new president and chief executive officer.
Through its new, long-term banking relationship with Bank One, FSS will be able to continue to provide Ã¢â‚¬Å“line of credit and term loan financing to independent alarm dealers,Ã¢â‚¬Â said Jeffrey Peiper, FSSÃ¢â‚¬â„¢s new president and chief executive officer.
STAFFORD,Ã‚Â Texas - SweetwaterÃ‚Â Security CapitalÃ¢â‚¬â„¢s acquisition of approximately 1,500 monitoring accounts from DSS Security, a subsidiary of Eagle Broadband, late last year marked the fifth such deal for the firm in 14 months.
The acquisition of the accounts, which were purchased for an undisclosed amount of cash, puts Sweetwater closer to its objective of building a national security company.
BOCA RATON, Fla. - With more than 35 million Americans already over the age of 65 - and much of the baby boomer generation due to hit that benchmark in 2010 - ADTÃ¢â‚¬â„¢s personal emergency response business is signing a host of new partnerships and is tweaking its direct to the end-user sales approach.
MONTREAL - National installation firm Protectron made inroads in one of its target urban markets in December when it acquired a 20-year-old alarm company to add to its base of accounts in British Columbia.
With the purchase of Valley Alarms and its 4,000 accounts, Protectron grewÃ‚Â its subscriber base in the greater Vancouver marketÃ‚Â to more than 10,000 accounts, part of a strategic plan to boost the companyÃ¢â‚¬â„¢s market share in Vancouver and two other metropolitan markets in Canada - Toronto and Ottawa.
IDAHO FALLS, Idaho - RS&I, a distribution company that offers affinity programs in vertical markets, has renewed its partnership with SAFE Financial, based in San Ramon, Calif., to launch a new phase of the Alliance program.