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Residential Security

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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