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Tag: CPI Security


Also Noted

CPI Security welcomes Ben Brookhart as chief growth officer

January 11, 2024SSN Staff

CHARLOTTE, N.C – CPI Security has announced its appointment of Ben Brookhart as its new chief growth officer. The company said that Brookhart is bringing more than 20 years of entrepreneurial experience to the role as he leads CPl's New Construction division. We're excited to see how Brookhart can take CPI to new heights," CEO and founder of CPI Security Ken Gill said. "His background in smart home security and business makes him a perfect fit to lead our team." CPI...

automation, Ben Brookhart, CPI Security, Ken Gill, smart home


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Vivint ordered to pay $45 million to SkyBell Technologies

Residential

Vivint ordered to pay $45 million to SkyBell Technologies

October 27, 2023SSN Staff

IRVINE, Calif. – SkyBell Technologies, a video doorbell and smart home security solutions provider, has announced a successful outcome in its recent patent infringement lawsuit against Vivint. According to a release from the company, on Monday, Oct. 23, 2023, a federal jury in the Sherman Division of the Eastern District of Texas rendered its verdict, determining that Vivint Inc. willfully infringed upon two of SkyBell's patents, leading to a damage award of $45.4 million in favor of...

CPI Security, Desiree Mejia, Giovanni Tomaselli, SkyBell Technologies, smart home, video doorbell, Vivint


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Also Noted

TMA appoints Whisnant as Government Relations Committee co-chair

June 25, 2023SSN Staff

MCLEAN, Va.—The Monitoring Association (TMA) has announced the appointment of Tommy Whisnant as the co-chair of its Government Relations Committee. In this role, Whisnant will join seated Committee Co-Chair James Marcella, Axis Communications, in leading TMA’s state and local advocacy efforts and often partnering with the Alarm Industry Communications Committee (AICC) on legislative initiatives. Whisnant is currently the compliance manager for North Carolina-based CPI...

Alarm Industry Communications Committee (AICC), Axis Communications, CPI Security, James Marcella, Morgan Hertel, The Monitoring Association (TMA), Tommy Whisnant


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Also Noted

Narowski, Raisch named co-chairs of TMA’s Technology Committee

May 10, 2023SSN Staff

MCLEAN, Va.—The Monitoring Association (TMA) has announced the recent appointment of Matt Narowski, vice president of operations, Security Central, and Rob Raisch, chief architect and team lead, monitoring integration, SimpliSafe, Inc., to the volunteer position of co-chairs for its Technology Committee. Narowski and Raisch succeed longtime Technology Committee Chairs Steve Butkovich, CPI Security, and Sascha Kylau, OneTel Security, both of whom are moving into new...

CPI Security, Matt Narowski, OneTel Security, Rob Raisch, Sascha Kylau, Security Central, SimpliSafe, Steve Butkovich, The Monitoring Association (TMA)


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Alarm.com releases Q4, full year 2022 results

Residential

Alarm.com releases Q4, full-year 2022 results

February 24, 2023Ken Showers, Managing Editor

TYSONS, VA – Alarm.com has released its fourth fiscal quarter 2022/full-year results, and the outlook is positive for the residential security provider. On Feb. 23 the company held its conference call and webcast discussing its earnings as the company looks to 2023. At a glance, the company’s fourth quarter Software-as-a-Service (SaaS) and license revenue increased 10.5 percent year-over-year to $134.6 million, and total revenue increased 6.6 percent year-over-year...

alarm.com, Building 36, CPI Security, Emergency Response, Energy Hub, Fourth Quarter (Q4), Internet of Things (IoT), Noonlight, PointCentral, Residential Security, Shooter Detection Systems (SDS), Software-as-a-Service (SaaS), Stephen Trundle, Vivint


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CPI Security

Residential

CPI Security wins lawsuit against Vivint Smart Home for deceptive sales practices

February 17, 2023Ken Showers, Managing Editor

CHARLOTTE, N.C. – Judgment was rendered on Feb. 17 as a jury awarded CPI Security more than $189 million in damages in a deceptive sales practice lawsuit against Vivint Smart Home. Originally filed in 2020, the lawsuit went to court early in 2022 accusing Vivint of “false and deceptive sales practices on the doorsteps and in the homes of significant numbers of CPI customers across the Southeast” in an effort to take over their alarm systems. “While we’re...

alarm.com, CPI Security, Ken Gill, Vivint Smart Home


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NRG Energy Inc. to acquire Vivint Smart Home Inc.

Residential

NRG Energy Inc. to acquire Vivint Smart Home Inc.

December 6, 2022SSN Staff

HOUSTON & PROVO, Utah – NRG Energy Inc. has entered into an agreement to acquire Vivint Smart Home Inc. for $12 per share, or $2.8 billion in cash.   NRG says the acquisition positions them as the leading essential home services provider and accelerates their growth plan. “Last year at our Investor Day, we presented our strategic roadmap to becoming the leading provider of essential services for homes and businesses, informed by consumer trends and underpinned by disciplined...

alarm.com, CPI Security, david bywater, EBITDA, home services provider, Mauricio Gutierrez, NRG Energy Inc., smart home, Vivint Smart Home Inc.


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Also Noted

TMA opens virtual attendance option for its 2022 OPSTech

August 22, 2022SSN Staff

MCLEAN, Va.—The Monitoring Association (TMA) has announced that beginning today, security industry professionals have the option to register to take part virtually in its 2022 OPSTech educational sessions that are being delivered in-person Sept. 11-16, 2022, in Charlotte, N.C. The full, five-day program features operations, technology, and video tracks. Registrants attending the meeting in-person will also have the opportunity to take part in roundtable discussions and networking events,...

2022, CPI Security, Morgan Hertel, The Monitoring Association (TMA)


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On The Editor's Desk

DEI is A-OK

August 17, 2022Cory Harris, Editor

Long time, no blog. I admit, I have been on the blogging sidelines for several weeks now while my new comrade, Managing Editor Ken Showers, has settled in and immediately given his thoughts on various relevant security industry topics under my old blogging banner, Monitoring Matters. As I’m now officially the editor of Security Systems News, my blogs will now fall under the title of On the Editor’s Desk, which you obviously know since you found me and are reading this right now. Now...

Atakama, Celia T. Besore, CPI Security, Diversity, Equity, and Inclusion (DEI) Leadership, Lisa Oliveri, National Democratic Institute, Stephanie Weagle, Steve Butkovich, The Monitoring Association (TMA)


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New Hanover County ECC goes live with TMA’s Automated Secure Alarm Protocol

July 29, 2022SSN Staff

MCLEAN, Va.—The Monitoring Association (TMA) welcomed its 111th Emergency Communication Center (ECC) in the United States on Monday, July 25, 2022. The New Hanover County ECC in North Carolina became the 12th ECC in the state of North Carolina to implement the Automated Secure Alarm Protocol (ASAP). The New Hanover County ECC went live with Rapid Response Monitoring, Vector Security, Tyco (Johnson Controls), Stanley Security, Guardian Protection, Securitas, ADS, United Central...

ADS Security, ADT, Affiliated Monitoring, Automated Secure Alarm Protocol (ASAP), Brinks Home, CPI Security, Guardian Protection, Holmes Security, Johnson Controls (JCI), National Monitoring Center (NMC), New Hanover County ECC, Protection One, Rapid Response Monitoring, Securitas, Security Central, Stanley Security, The Monitoring Association (TMA), United Central Control (UCC), Vector Security, Vivint


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