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Tag: Steve Trundle projects considerable revenue impact following arbitration filing against Vivint

Residential sees considerable revenue impact following Vivint arbitration filing

November 16, 2022Ken Showers, Managing Editor

TYSONS, Va. - Nov. 8 saw both and Vivint hold their Q3 earnings calls, but it’s that is left holding the short end of the stick as it has filed for arbitration against the latter. The aftermath of the Q3 report saw Vivint’s stock surge 20% to close at $8.44 by days end. comparatively slipped in late October after an update provided on a licensing dispute with Vivint that will have a major impact for the company beginning in Q4 and continuing into the next..., cross-license agreement, david bywater, licensing dispute, Patent, SaaS, Steve Trundle, Vivint

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Suppliers acquires OpenEye to expand commercial solutions

October 22, 2019SSN Staff

TYSONS, Va.— announced a majority-stake acquisition of OpenEye, a provider of cloud-managed video surveillance solutions for the commercial market. OpenEye is optimized for enterprise-level commercial customers requiring expansive video recording capabilities, in addition to remote viewing, administration and diagnostic reporting.“OpenEye has consistently demonstrated that they are the unequivocal leader in the video-surveillance-as-a-service space and we are excited to help..., OpenEye, Rick Sheppard, Steve Trundle

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Suppliers closes on acquisition of business units from Icontrol

March 10, 2017Paul Ragusa

TYSONS, Va.—, a platform solution for the connected home and business, announced on March 8 that it has completed its previously announced acquisition of two business units, Connect and Piper, from Icontrol Networks.Comcast also completed its acquisition of Icontrol, specifically the Converge business, which includes Xfinity Home and creates Internet of Things (IoT) technologies and next-generation platforms for connected home security.The cash consideration paid by for the..., CONNECT, Dan Kerzner, iControl Networks, Piper, Steve Trundle

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Monitoring Matters

Monitronics prefers

January 20, 2016Spencer Ives will continue to be the preferred supplier of smart home technology for Monitronics and its dealers, announced today. “We are committed to giving our customers and dealers the best technology options available and our renewed partnership with positions us to continue to capitalize on the rapidly growing smart home and home automation services category,” Bruce Mungiguerra, SVP of Operations for Monitronics, said in a prepared statement. “'s..., Bruce Mungiguerra, Steve Trundle

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This Blog's on Fire (And Other Stuff)

Interactive services provider gets $136m

July 26, 2012Tess Nacelewicz

First, recently announced a milestone—that it has more than 1 million subscribers. Now the 12-year-old Vienna, Va.-based provider of interactive security services has announced that it has $136 million in new funding, made by a leading provider of capital to growth-stage technology companies. The company says the investment from Technology Crossover Ventures (TCV) will enable to continue to develop new products. Here's more from the news release issued today: The..., Security Systems News (SSN), Steve Trundle, Technology Crossover Ventures, Tim McAdam

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This Blog's on Fire (And Other Stuff) announces milestone

June 29, 2012Tess Nacelewicz

In its early years, had so few customers that it used to ring a bell in the office every time one signed up, in order to get employees motivated, Steve Trundle, company president and CEO, said this week at the ESX show in Nashville. But now the 12-year-old Vienna, Va.-based provider of interactive security services has far too many active subscribers to announce each one individually. So the company held a party at the show so Trundle could announce just how many: more than 1 million as..., Milestone, Security Systems News (SSN), Steve Trundle

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Pinnacle markets low-cost home security camera

May 2, 2011Tess Nacelewicz

OREM, Utah—Pinnacle Security today announced it is the first to market the Image Sensor, a motion detector with a built-in camera that transmits still images through a smartphone mobile app. Image Sensor, offered in partnership with, is an answer to repeated requests by many Pinnacle residential customers for an affordable security camera for the home, Kelly Walker, CEO of the summer-sales model security company, which is based here, told Security Systems News. “We believe it's..., Image Sensor, Kelly Walker, Pinnacle Security, smartphone app, Steve Trundle, Stuart Dean

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