Tag: Paul Smith
ADT presents Q3 fiscal results
November 4, 2022Ken Showers, Managing Editor
BOCA RATON, Fla.—Security giant ADT released its fiscal third quarter financial results this week, highlighting monthly revenue and partnerships.
President and CEO Jim DeVries described ADT’s performance in the third fiscal quarter as strong with top line growth at 22 percent to $1.6 billion. It generated an adjusted net income of $83 million ($0.10 per share). DeVries also said the quarter resulted in an improved adjusted EBITDA that was up 12 percent year over year.
In...
ADT announces State Farm investment, partnership
September 6, 2022SSN Staff
BOCA RATON, Fla. and BLOOMINGTON, Ill.—ADT has announced it will receive a $1.2 billion equity investment from State Farm, resulting in the home insurance provider owning approximately 15 percent of the company after the equity investment and the tender offer close.
This investment will allow State Farm to acquire 133.3 million shares of ADT’s common stock at $9 per share.
In addition, ADT plans to partner with State Farm and build upon its existing relationship...
IndigoVision names new vice president
October 19, 2012SSN Staff
Edison, N.J.—IndigoVision, a manufacturer of IP video solutions, announced Thursday that Paul Smith will be its senior vice president.
Smith replaces Kevin Bradley, who held the position of president of North America. Bradley left in the company in July.
Previously the vice president of sales and marketing at DVTel, Smith comes to IndigoVision with more than 10 years of experience managing sales teams in the IP video sector.
“I have known Paul since 2004 and am delighted that he is joining...
DVTel announces new management team members
July 18, 2011SSN Staff
RIDGEFIELD PARK, N.J.—DVTel, a provider of smart video surveillance solutions, announced July 14 several key senior management appointments.
New members joining the management team include: Ami Amir as EVP of Marketing and Products; Dan Hochberg as VP of Global Business Development; and Alice Roth as VP of R&D.
New appointments within the ranks at DVTel include: Tomer Pinchas has been promoted to CFO; Yacov Monitz has been promoted to be VP of Operations; Avi Gerbi has been appointed VP of...