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ADS announces two purchases

Company gained high quality account bases in Kentucky and Tennessee
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09/12/2018

NASHVILLE, Tenn.—ADS Security recently announced two acquisitions: Delta Security Systems, based in Brownsville, Tenn., and Wilson Alarm Company in Hopkinsville, Ky.

Alarm Detection Systems reaches 50th anniversary

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08/29/2018

AURORA, Ill.—50 years ago, Bob Bonifas got started in the security industry with a Dictograph Security Systems franchise here, with the name Alarm Detection Systems.

DEFENDERS announces executive changes

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08/15/2018

INDIANAPOLIS—DEFENDERS, a provider of residential security and smart home solutions, recently announced two executive promotions. Robert Freeman has been named chief operating officer, and Bart Shroyer has been named executive vice president and chief financial officer.

LifeShield names new CEO

Company also expands its installation relationship with MasTech
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08/06/2018

LANGHORNE, Pa.—LifeShield, which provides DIY installed and professionally monitored security systems, today announced a new CEO, John Owens, as well as an enhanced business relationship with MasTec Advanced Technologies. LifeShield investor and outgoing CEO Mike Hagan will continue his role as chairman.

August Home hits 1 million user milestone

Company predicts more market share stemming from in-home deliveries
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08/01/2018

SAN FRANCISCO—Smart lock company August Home, a subsidiary of ASSA ABLOY, in July announced that it hit the 1 million user milestone for its app. Dale Pistilli, August's VP of marketing and sales, talked with Security Systems News about the factors that led to this milestone and the prospects for the smart lock market down the road.

Honeywell Homes and ADI spin to be renamed Resideo

Resideo will license the Honeywell brand
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07/30/2018

MORRIS PLAINS, N.J.—Honeywell recently announced that Resideo will be the corporate name of the Honeywell Homes product portfolio and ADI global distribution businesses when they become a stand-alone, publicly traded company following completion of a spin that is expected by the end of 2018.

Nice S.p.A. acquires FIBARO

Deal valued at $73 million will expand product portfolios of both companies
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07/18/2018

CHICAGO—Nice S.p.A., the Italian international home automation and home security company, recently purchased Poland-based FIBARO, a global smart home brand.

Alarm.com launches homebuilder program

Program connects dealers with growing number of buyers who want smart homes
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07/11/2018

TYSONS, Va.—Alarm.com, a platform for the intelligently connected property, announced a comprehensive homebuilder program that includes new hardware and service plans designed to facilitate partnerships between homebuilders and Alarm.com's service provider partners and security dealers.

SimpliSafe now backed by PE firm Hellman & Friedman

DIY security provider to focus on increasing market penetration
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07/03/2018

BOSTON—SimpliSafe, a provider of DIY installed home security systems, on June 29 announced an investment from private equity firm Hellman & Friedman to accelerate SimpliSafe’s growth and expansion of the home security market. Terms of the transaction were not announced.

Vivint Smart Home and Google collaborate

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06/27/2018

PROVO, Utah—Vivint Smart Home announced a collaboration with Google to make every new Vivint smart home voice-enabled using the Google Assistant. Vivint is giving voice control to every new customer by including two Google Home Mini devices with every smart home system, and adding Nest Thermostat E and Google Wifi as options in its smart home suite.

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Poll

SSN News Poll January 2019

With Thanksgiving just around the corner and the holiday season shortly behind, and with companies already planning the budget for 2019, it’s getting time to look ahead at what the new year will hold for the industry. What do you see as top trends for 2019?