Subscribe to Residential

Residential

Westar forced to reorganize; chief executive indicted

SSN Staff  - 
12/01/2002

TOPEKA, Kan. - Westar Energy Inc.

Brink's hits milestone

After reaching 750,000 accounts, the home security company aims for millionth customer mark
 - 
12/01/2002

IRVING, Texas - Brink's Home Security announced in early November it had hit 750,000 customers, reaching a major milestone in the company's growth and inching closer to its closest competitor despite never having made a major acquisition.
The company, which has 90 percent of its account base in the residential market, saw its installed base increase by more than 77,000 installations in the first three quarters of 2002, an increase of about 15.

Home controls company launches manufacturing arm, expands base

 - 
12/01/2002

IRVINE, Calif. - A 10-year-old home controls maker here has launched a new division to better target its dealer and integrator base with its products and expand its distribution platform.

Briefs

SSN Staff  - 
12/01/2002

GE Capital to wind down equity fund

STAMFORD, Conn. - GE Capital announced in late October it would wind down its investment in its $3 billion private equity fund, called GE Equity, to protect the company against what it termed "volatile investments.

Security company sells with superheroes, comic book figures

 - 
11/01/2002

HIGHLAND PARK, Ill. - A 28-year-old security company here known for its unorthodox marketing techniques has struck a deal to bring Spiderman, Captain America, The Hulk and other superheroes to Chicago as part of a new marketing campaign.

Philips pioneer in networking technology

 - 
11/01/2002

AMSTERDAM - Philips Semiconductor is among a host of technology heavyweights involved in the development of a new low-cost wireless networking protocol that is intended to become the industry standard for networking automation devices in the home.

Branded Zigbee, the protocol is a low data rate, low power consumption wireless technology that eventually could be used in everything from wireless home security systems, remote lighting and thermostat controls, call buttons for the elderly and disabled and wireless smoke and carbon monoxide detectors.

AlarmForce posts record growth, revenue numbers

 - 
11/01/2002

TORONTO - Security manufacturer and installer Alarm Force has posted another successful quarter with its aggressive mass marketing model, recording an increase in revenues of 23 percent and net income growth of 25 percent.

With 30 offices and 100 employees across Canada, Alarm Force has been able to grow to a base of more than 33,000 accounts through organic growth, and without generating much debt, said Joel Matlin, Alarm Force president and chief executive officer.

Briefs

SSN Staff  - 
11/01/2002

Lantronix signs deal with FutureSmart

IRVINE, Calif. - Lantronix has signed a deal with a structured wiring hardware manufacturer to integrate its Premise SYS Automation Software with FutureSmart's structured wiring panel and server.

Sweetwater begins sweet venture

Capital firm plans to build a national alarm company
 - 
11/01/2002

STAFFORD, Texas - Venture capital firm Sweetwater Ventures is making inroads in the security industry, recently buying North American Security Alarm, a Dallas company that focuses on high-end residential accounts.

Company officials plan to use the acquisition as a platform for Sweetwater to build a national security company.

Pages

Poll

SSN News Poll December 2017

In the past month, Nest, Samsung, and Ring, have announced DIY-install security systems with a professional monitoring partner. Do these systems stand to impact the market, positively or negatively?