ATLANTA, Ga.—Telguard, a provider of wireless alarm monitoring solutions, has rolled out a conversion kit that allows dealers to upgrade their commercial 2G cellular communicators to 3G/4G without voiding UL certifications at the installation site.
YARMOUTH, Maine—News today that the Blackstone Group, a $180 billion private equity firm, will acquire home automation and security company Vivint in an agreement worth more than $2 billion is another “huge shot of support for the industry,” Michael Barnes, founding partner of Barnes Associates, a consulting and advisory firm that specializes in the security alarm industry, told Security Systems News.
America’s elderly population is increasing and is becoming increasingly mobile, with health care technology advancing in lock step. That fact hasn’t been lost on the monitoring world, which is gearing up for new revenue opportunities that will accompany the growth of personal emergency response systems (PERS) and mobile PERS devices.
ATLANTA—Telguard Corp. is backing its call for alarm companies to prepare for the “2G sunset” with a $5 million program that gives dealers up to $25 for every 2G cellular communicator they replace with a Telguard 3G/4G product.
NASHVILLE—Connected services are changing the industry and creating new business opportunities but are also posing some challenges, such as enticing telecom and cableco players into the market, a panel of industry experts said at the Electronic Security Expo here last week.
NASHVILLE, Tenn.—Competition from telecoms and cablecos is drawing a lot of attention in the security world, but keeping pace with technology is still the biggest challenge facing alarm companies, new ESA President John Knox said at the Electronic Security Expo.