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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. Here's that story.

Its recent integration with Tyco Security Products marks another move for the interactive services platform provider into the small-to-medium commercial market.

Tyco is integrating its PowerSeries Neo platform with Alarm.com’s cloud-based services (interactive security, intelligent automation, video monitoring and energy management solutions). This, Tyco said, gives dealers the opportunity to offer small-to-medium commercial customers "simple and scalable" interactive services.

PowerSeries Neo "combines the flexibility of a modular, hardwired system with the simplicity of a wide range of compatible wireless devices," Tyco said. This platform uses PowerG wireless intrusion capabilities for a hybrid intrusion system. PowerSeries Neo features built-in Z-Wave capabilities through CDMA and HSPA (3G) communicators.

“We’re excited to bring the next generation of smart technology to the commercial space with the PowerSeries Neo powered by Alarm.com,” Dan Kerzner, chief product officer, Alarm.com, said in a prepared statement.

“We have seen smart home technology dramatically improve the safety and efficiency of homes and create more value for our dealer partners, and we believe there are significant opportunities in the commercial market to help business owners manage their locations, secure their properties and make them more efficient.”

Tim Myers, director of product management, Intrusion, Tyco Security Products said in a prepared statement that “The integration of PowerSeries Neo and Alarm.com uniquely anticipates the future needs of the connected environment, whether a residence or a multi-tenant commercial property, and provides infinite opportunities to maximize the system."

What do you know—We will be talking about this very development at Cloud+, SSN's new conference focused entirely on cloud-based technology. Here's a story about the conference and here's a link to the website.
 

Home automation should be smart, but simple

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07/16/2015

YARMOUTH, Maine—Home automation experts have heard the message loud and clear: simplify, simplify, simplify.

IoT ripe for monitoring

It’s not a threat but an opportunity, ESX panelists say
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07/15/2015

BALTIMORE—Consumers with home automation systems most trust security companies to monitor them, according to “Monetizing the IoT” panelists at ESX 2015. That’s a fact that the industry needs to embrace for future success, they said.

Don’t run from DIY, pros say at ESX 2015

Learn from it and leverage it
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07/06/2015

BALTIMORE—DIY is everywhere, the consumer-driven products are polished and are connected to powerful mobile apps, and it’s up to traditional security companies to decide whether they’re going to embrace it or dismiss it, according to panelists at ESX 2015.

Alarm.com sets price at $14 per share

Stock to begin trading on NASDAQ today
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06/26/2015

VIENNA, Va.—Alarm.com Holdings Inc. has priced its initial public offering of 7 million shares of common stock at $14 per share. The shares are expected to begin trading on NASDAQ today, June 26, under “ALRM,” according to the company.

Alarm.com customers can stream on TV with new app

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06/04/2015

VIENNA, Va.—Alarm.com has a new app for Amazon Fire TV that allows customers to conveniently view live HD video streams from cameras around their home on their TVs.

Prime time for Alarm.com IPO

Interactive services provider files for $75m IPO
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05/27/2015

VIENNA, Va.—It has been a year since reports surfaced that Alarm.com owner ABS wanted to exit its investment. The wait may have been worthwhile, according to experts who spoke to Security Systems News. Now is a good time for Alarm.com, a fast-growing, market-leading provider of interactive services, to go public, they say.

Former Vivint CFO on the Alarm.com IPO

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Wednesday, May 27, 2015

Alarm.com's announcement that it will go public has a lot of people talking inside and outside of the security industry. Many of the insiders, however, will not talk on the record, at least not right now.  

I was interested in talking to someone who knows IPOs, understands the security industry and is familiar with Alarm.com, and I came up with Chris Black. Black is the former CFO of Vivint who helped Vivint prepare for the sale to Blackstone. He's also helped other companies go public. Today he works outside of the industry as CFO of Viamedia and as a board member of Sports Information Group which owns the Daily Racing Form.  

In an email interview Black called Alarm.com "a terrific company with a strong management team that I gained a lot of respect for during my interactions with them while I was at Vivint."

He said an IPO can "have a transformational impact on the business" and a positive affect on the industry.

"The IPO will provide them with access to another source of capital to continue to grow the business and invest in new products and opportunities. I also think it is a great event for the security industry as a whole. It serves as further validation of the space and will bring in new equity investors that may or may not have looked at security companies in the past,"

The only potential downside, Black said "is the amount of time the management team, particularly the CEO and CFO, are required to spend on investor relations activities including calls with equity analysts, investors and presentations at equity conferences and the like."

How might the IPO affect customers?

"This is really just another form of financing the growth of the business and shouldn't have an immediate impact on Alarm.com's customers one way or the other. Longer term, one could assume that access to public equity will allow the company to invest in the business and continue to develop new products and enhance existing ones either organically or through acquisitions, or both," he said.

Goings-on at Guardian

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Wednesday, April 22, 2015

Guardian Protection Services has been busy lately, rolling out a new funding process for dealers and a new mobile app for customers along with a rebranding initiative during its 65th year.

A meeting with Guardian at ISC West last week didn’t come off as planned, so this week I caught up by phone with Joseph Lininger, VP of marketing, to talk about recent activity at the super-regional.

Guardian will now pay authorized dealers on a daily basis as opposed to a weekly basis for the accounts it purchases. “If the account is approved on Monday, the dealer gets paid on Tuesday,” Lininger said.

The change in payment processing was made to boost dealers’ cash flow to help optimize their operations. Guardian invested in proprietary software to accommodate the change.

Guardian also has released a mobile app for its customers who use the Alarm.com platform to control their homes. Developed for both iOs and Android, the app provides remote access to home security and automation systems through an Internet connection. Future upgrades will include more functions, added Guardian services and special messages.

The new dealer program and the app come on the heels of Guardian’s recent rebranding. A new logo and tag line—“At the Heart of Your Connected Home”—for resi and builder business divisions are in place to give customers “the correct perception of Guardian as a customer-centric technology firm specializing in security and automation while providing the most reliable, technologically advanced services to homes and businesses,” the company said in its announcement.

The rebranding project, which took a year to complete, was initiated to reflect the company’s evolution and position it for the future, Lininger said.

“We always keep our brand awareness at the top of our mind, Lininger said.

Hockey team names Alarm.com Smart Home Security partner

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04/09/2015

WASHINGTON, D.C.—Alarm.com has been named the official Smart Home Security partner of the Washington Capitals NHL team.

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