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Rogers Communications

Bell Aliant now securing homes in Atlantic Canada

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05/07/2013

HALIFAX, Nova Scotia—Bell Aliant, a telecommunications company based here, has made its NextGen Home Security system available in Atlantic Canada, according to a company statement.

Cableco expands home security to Canada’s ‘Golden Horseshoe’

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Wednesday, March 13, 2013

I wrote recently about two Canadian giants, cable company Rogers Communications and telecommunications company Bell Aliant, planning to offer home security/home automation for the first time in Atlantic Canada this spring. And now Rogers has announced it’s expanding the service in its Ontario footprint.

Rogers launched its Smart Home Monitoring in its cable footprint in Ontario in August 2011. And today, Toronto-based Rogers announced it is now expanding its offering to Ontario’s “Golden Horseshoe.” That’s a region of southern Ontario that includes Greater Toronto and is quite densely populated, with about 26 percent of Canada’s population calling the region home, according to Internet sources.

Rogers said its service now will be available to residents of the Golden Horseshoe, which includes Oakville, Lincoln, West Lincoln, Grimsby, Hamilton and the Greater Hamilton area, Burlington, Niagara Falls, Thorold, Pelham, Niagara-on-the-Lake, St. Catharines, Wainfleet, Welland, Fort Erie and Port Colborne.

Roger’s offering, like Bell Aliant’s NextGen Home Security, is professionally installed and monitored. Both offering are powered by California-based iControl’s OpenHome software platform.

“We're thrilled to now offer Rogers Smart Home Monitoring to residents of the Golden Horseshoe," Ian Pattinson, VP and general manager, Rogers Smart Home Monitoring, said in a prepared statement. “Since we launched a year and a half ago, our customers continue to discover new system features that keep their homes and families secure while helping them better manage their daily lives for ultimate peace of mind.”

The company said that customers’ alarms are monitored by the Rogers Central Monitoring Station, “a 24/7, real-time monitoring service provided by certified security experts with over twenty years of experience in security, monitoring and emergency services.”

Canadian telecom and cableco expanding home security reach

Canadian giants Bell Aliant and Rogers Communications will offer security/home automation solutions—both powered by iControl’s software—in major eastern cities in that country this year
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02/06/2013

HALIFAX, Nova Scotia and TORONTO—Canadian telecommunications company Bell Aliant and Canadian cable company Rogers Communications recently announced they’re bringing professionally installed and monitored home security/home automation to Atlantic Canada this year.

Who will buy AlarmForce?

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Tuesday, August 7, 2012

AlarmForce, a super-regional security company based in Toronto, announced that its board of directors is taking a look at selling the company. The company has hired Imperial Capital to help it with a possible sale.

The company's market cap value today is listed as $135m and its enterprise value is $119m.

I asked Richard Ginsburg, former CEO of Protection One who is now managing partner at G3 Capital Partners, what he thought about the sale of AlarmForce. He said he thought the company is well run and that CEO Joel Matlin "has done a fabulous job of identifying a segment of the market open to value-oriented products (like their new video offering) at prices that are at or lower in comparison to traditional systems with basic offerings."

Ginsburg also said he believes "a company like AlarmForce is in a great position to compete with the likes of industry leader ADT and the emerging cable and telecom companies because of [AlarmForce's] single-minded focus on enhanced services like two-way voice and now video services." He added that he believes "some of the traditional companies are in a weaker position to compete in comparison."

Ginsburg predicted the company will get "good interest"  and said Imperial Capital has "formed a great niche in the M&A sector so they are a good choice [to help out with a sale.]"

The last time I spoke to CEO Joel Matlin was back in the winter of 2010 when he was opening a fourth office in Minneapolis/St. Paul.It has offices in North Carolina (opened in 2005), Ohio (opened in January 2006)  and it opened an office in Georgia in 2007.

AlarmForce does security alarm monitoring, personal emergency response monitoring, video surveillance for resi and commercial customers. Something that’s unique about AlarmForce is that it manufactures and installs its own two-way voice home alarm systems. When I did that interview, AlarmForce had 103,000 accounts in Canada and the U.S., which Matlin told me was up from 56,700 accounts in 2006. Today the number of accounts is closer to 125,000.

“Canada is a tough country to do business in. It’s got a population the same as the state of the California, but it’s spread out over a country that’s much larger than the U.S.,” Matlin said. In addition to dense population centers that are easier to penetrate, “the perception of crime is stronger in the U.S. than it is in Canada.”

Wonder who some potential buyers might be? One possiblitiy, in my opinion would be Stanley, which expanded its resi business in Canada last summer with the purchase of Microtec Security Systems. It got 80,000 accounts and additional bi-lingual monitoring capability out of the deal.

Or I suppose AlarmForce could be a bolt-on for a telecom that’s getting into the security business. Rogers Communications maybe? Here’s a video from the summer of 2011 where we talk about Rogers Communications working (in secret!) with iControl to get into the security industry.  And here’s a story about the deal.

AlarmForce board of directors has formed a committee of independent directors to supervise the strategic review.

 

iControl/Time Warner Cable sell home security/home automation together

iControl: Telecoms good partners because they are ‘very, very focused’ on the space
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01/10/2012

PALO ALTO, Calif.—Software provider iControl Networks this week announced a new partnership with Time Warner Cable, in which Time Warner’s IntelligentHome security and home automation solution is being powered by iControl software.

New security/telco partnership up North

After five years of working together ‘secretly’ IControl & Rogers Communications announce partnership
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09/14/2011

RED WOOD CITY, Calif. and TORONTO—The home security penetration rate hovers around 18 percent in Canada, but players in a new partnership say they’re going to change that. Home automation and control technology provider iControl and Rogers Communications, Canada's largest communications provider, on Aug. 30 announced a new converged home security, automation and control offering, which they say will raise that rate.  

iControl gets $50m

Funds will speed up availability of platform, energy management apps
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06/23/2011

PALO ALTO, Calif.—IControl co-CEOs Jim Johnson and Paul Dawes said they were originally looking for a $30 million investment, but there was so much interest that they got $50 million. They even turned away some investors whose interests didn’t align with iControl’s strategy, they said.