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Residential Security

GuardMe expands into Midwest and Maine

The New Jersey-based home security/home automation provider sees opportunities in the diverse regions
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05/22/2013

OLD BRIDGE, N.J.—GuardMe Security, based here, has expanded into Ohio and Indiana and also plans to offer home security in Maine by the end of May, according to company President Craig Metzger.

ADS acquires CrimeWatch Security

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05/22/2013

NASHVILLE, Tenn.—ADS Security, a super-regional based here, has completed the acquisition of Chattanooga, Tenn.-based CrimeWatch Security, according to a news release.

Small intruder raises big alarm

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05/21/2013

BROOKFIELD, Wis.—A neighbor who heard an alarm activated at a nearby home May 8 was concerned about a break-in. The neighbor contacted police and went to the house and rang the doorbell, according to an article from the Patch.com outlet for Brookfield, Wis.

AT&T expands Digital Life to seven more markets

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05/20/2013

DALLAS—Beginning May 24, customers in seven additional markets can purchase AT&T’s Digital Life, a security/home automation solution which the company plans to expand to 50 markets by the end of 2013.

Blackstone purchase of Vivint sets record in Utah

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05/10/2013

SALT LAKE CITY, Utah—The Mountain West Capital Network, a business networking organization devoted to entrepreneurs, announced that the state of Utah saw more than $11 billion in mergers and acquisitions, public offerings, private equity and venture capital financing tra

ADT shares upgraded to equal weight

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05/09/2013

BOCA RATON, Fla.—Morgan Stanley this week upgraded shares of The ADT Corp. from an underweight to an equal weight rating in a report sent recently to investors, according to multiple reports. The firm currently has a $47.00 price target on the stock.

Control4 launches new wireless lighting control family

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05/08/2013

SALT LAKE CITY—Control4, a provider of home automation systems, today announced a new family of wireless lighting control products designed for integration with Control4 security platforms, according to a company statement.

ADT Q2 profit rises

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05/03/2013

BOCA RATON, Fla.—ADT said Wednesday that its second-quarter net income rose 2 percent, an increase aided by additional customers for its ADT Pulse home automation system, according to an AP report

Month-to-month contracts: Boon or bane for alarm industry?

SSN readers divided on the risks and benefits
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04/17/2013

YARMOUTH, Maine—It’s a model that was discarded by big players in the alarm industry long ago: Pay-as-you-go monitoring, with customers covering the cost of equipment and installation upfront.

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.

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