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commercial security

ADT signs definitive agreement to sell Canadian ops to TELUS Corporation

Sale expected to result in a stronger ADT with improved capital efficiency
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10/01/2019

BOCA RATON, Fla.—ADT Inc., a smart home security provider serving residential and business customers, today announced that it has entered into a definitive agreement to sell ADT Security Services Canada, Inc.

Security industry player, Interlogix, to close its doors

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09/23/2019

HARTFORD, Conn.—Interlogix, part of UTC Climate, Controls & Security, a unit of United Technologies Corp., announced it will “wind down” its businesses in the United States and Canada by the end of this year to focus on their other fire and security businesses, with a

Alarm.com's commercial move solidifying

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Wednesday, August 5, 2015

Alarm.com, the interactive services platform provider, made its first foray into the commercial market, with the purchase, earlier this year of Secure-i.

Speco launches factory outlet

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Wednesday, December 17, 2014

New York-based Speco Technologies, which provides residential and commercial video surveillance, electronics accessories and audio products, has opened an online factory outlet store.

That’s right, a factory outlet store.

Alarm.com goes after ‘next frontier—connected business’ with acquisition of Secure-i

Commercial video surveillance offering is first step, access control and other capabilities to follow
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12/16/2014

VIENNA, Va.—Alarm.com, known for its connected home platform, is going after the commercial market with the acquisition, announced today, of commercial video surveillance provider Secure-i.

Johns seeks to transform ISI Security

New president will focus on large construction market, nationwide build up
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08/27/2014

SAN ANTONIO—As the newly named president of ISI Security, Buddy Johns plans to lead this $70 million firm that’s known for its specialization in the corrections vertical through “a major transformation.”

SecurTek taps new CEO

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Wednesday, November 6, 2013

Some hiring news surfaced this week from north of the border.

Putting the Vivint sale in perspective

Michael Barnes and George De Marco on the $2 billion valuation of Vivint, whether its growth plans are realistic, and its plans for expansion into commercial security
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09/19/2012

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.

Vivint to be sold to Blackstone in $2 billion deal

CEO Pedersen: Vivint has plans to become one of the largest national players in commercial security
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09/18/2012

PROVO, Utah—Vivint has entered into an agreement with the Blackstone Group to be acquired in a deal worth “north of $2 billion,” Todd Pedersen, Vivint CEO, told Security Systems News.