BOCA RATON, Fla.—Residential security giant ADT is suing Pinnacle Security in federal court, alleging the Utah-based summer model company and its employees used unlawful and deceptive sales strategies to steal ADT’s customers and damage its reputation.
PITTSBURGH—Taking market share from ADT is at the top of the to-do list for industry veteran Gary Fraser who joined Vector Security two weeks ago as Director of North American Sales for Vector’s National Accounts Division.
LOUISVILLE, Ky.—A new campaign here to combat false fire alarms involves not only local fire departments, but the alarm industry, with officials saying installers can play a role in reducing unintentional alarms.
“I’m really excited about it,” said Bill Cooper, an ADT industry liaison manager who is chairman of the Coordinated Alarm Reduction Effort for the Security Industry Alarm Coalition, regarding the initiative announced Oct. 28.
NEW YORK—The transformed ISC East, now called ISC Solutions, opened here with a new look and crowded aisles yesterday.
Was it a function of more people being at the show this year as opposed to last? Or was it the skinny aisles that gave the illusion that there were more people? The official audited numbers won’t be available for more than a month, according to Ed Nichols of event organizer Reed Exhibitions, but attendees who spoke to
Security Systems News
said it didn’t matter. They were pleased with the number and quality of people attending the event.
DALLAS—The “verticalization” of ADT’s new commercial business unit is nearing completion, John Kenning, president of ADT North America Commercial, announced at ASIS on Oct. 12. .He also announced the creation of a new 7,145-square-foot Integrated Solutions Center.
BOCA RATON, Fla.—Quality and competitive pricing helped a small Dallas-based company beat out foreign competition to win a multi-million dollar contract from ADT Security Services, ADT announced Oct. 11.
HyperGraphic Impressions won a contract of up to $12 million from ADT. The contract will result in the production of millions of yard signs for ADT customers. ADT needs more signs because the electronic security giant continues to grow.
BOCA RATON, Fla.—Residential security giant ADT says it is actively going after security companies, big and small, who make “the mistake” of using signage that looks like ADT’s trademarked octagonal, blue sign. This summer, ADT filed lawsuits against three companies and won permanent injunctions against those companies, which means they’re legally prohibited from using the blue octagonal signs to advertise their businesses.
LAWRENCE, Kan., and CHICAGO—Equity firm GTCR announced today the acquisition of Protection One, the second-largest security alarm company in North America, now that ADT and Broadview have combined. Our lead story has the ins and outs of the whys and whos, including interviews with ProOne CEO Richard Ginsburg, Michael Barnes, John Mack, and principal of GTCR David A. Donnini.
BOCA RATON, Fla. and DALLAS—To cater to the specific and very different needs of its residential and commercial customers, ADT Worldwide president Naren Gursahaney today announced that ADT would split into two separate organizations: ADT North America Residential and Small Business, led by John Koch, and ADT North America Commercial, led by John Kenning.
SCHAFFHAUSEN, Switzerland, and IRVING, Texas--ADT's parent company, Tyco International, announced this week that it will acquire Broadview Security, formerly Brink's Home Security, for $2 billion. The exact multiple paid for the transaction appears to be in the mid 40s, though discussions continue on that topic.