Tag: Best Buy
Best Buy to purchase GreatCall for $800 million
August 22, 2018Spencer Ives
SAN DIEGO—Chicago-based PE firm GTCR recently announced that it has signed a definitive agreement to sell GreatCall to Best Buy for cash consideration of $800 million.GreatCall provides connected health and personal emergency response services devices to more than 900,000 subscribers across the United States. The company will maintain its headquarters here, as well as its Care Centers in Carlsbad, Calif., and Reno, Nev.“It was a truly strategic deal for both the company and the buyer—both...
Vivint partners with Best Buy
May 10, 2017Spencer Ives
PROVO, Utah—A new partnership between Vivint and Best Buy will allow consumers to shop for Vivint smart home products in a physical store, in the same way they can purchase other consumer electronics, and the smart home and security company plans to be in more than 400 Best Buy stores by the end of October.Previously, a potential smart home customer “had to have somebody meet them in the home and knock on the door, or they'd have to call in. So, this is the chance to shop for it in a...
Integration heavyweights top revenue rankings
May 2, 2013SSN Staff
FRAMINGHAM, Mass.—Vivint, ADT and Guardian Protection Services all secured a top-five ranking for the annual CE Pro 100 list, which recognizes the highest revenue residential integration companies in North America.
Vivint was second, ADT third and Guardian fifth in the rankings. AudioVisions/Best Buy/Magnolia topped the 2013 list.
Vivint garnered the top ranking on CE Pro's list of the top security/structured wiring-based integrators, a list recognizing efficiency among security integrators.
To...
ADT set to 'go it alone'
September 18, 2012Tess Nacelewicz
BOCA RATON, Fla.—Tyco International shareholders voted Monday to approve splitting Tyco into three separate companies—one of them ADT, another a commercial fire and security business, and the third a flow control unit. ADT officials say they're eager to see ADT become a stand-alone company, providing security and interactive services to residences and small businesses and focused on innovation and growth.
“It's a very exciting time for us,” Naren Gursahaney, CEO...