NEW YORK—After launching its IntelligentHome security/home automation product in upstate New York, Southern California and North Carolina in 2011, Time Warner Cable recently announced it plans to roll out IntelligentHome in its footprint nationwide in 2013.
MOOREVILLE, N.C.—In a new partnership, home improvement retailer Lowe’s has recently started offering Iris, its new home automation/home security product, in Verizon Wireless stores in 10 Eastern and Southern states.
SAN RAMON, Calif.—SAFE Security completed a $130 million senior debt refinancing in late February with five lenders led by Bank of America. The new credit facility is an increase of $55 million, or 73 percent, over SAFE’s previous financing of $75 million.
WILMINGTON, Del.—B Safe Security, a regional security and fire alarm company based here, made five acquisitions in 2012 that represented about $85,000 in RMR and more than doubled the company’s customer base. B Safe also has similar growth plans for this year.
ALBANY, N.Y.—A federal jury on Feb. 6 convicted security industry investors Timothy McGinn and David L. Smith of conspiracy to commit mail and wire fraud, mail fraud, wire fraud, securities fraud, and filing false tax returns, according to Richard Hartunian, U.S.
WARRENDALE, Pa.—Bob Haskins, former president of Interlogix, will fill a newly created position at Guardian Protection Services, according to a company announcement this week. Haskins’ responsibilities as Guardian’s VP of strategic planning and business development will include helping to expand the company’s dealer program, the announcement said.
HALIFAX, Nova Scotia and TORONTO—Canadian telecommunications company Bell Aliant and Canadian cable company Rogers Communications recently announced they’re bringing professionally installed and monitored home security/home automation to Atlantic Canada this year.
SAN RAMON, Calif.—SAFE Security announced this week that it has acquired about 24,000 alarm monitoring accounts from Orem, Utah-based Pinnacle Security. The accounts represent $1.1 million of RMR, according to SAFE, which is based here.
John Bergher, EVP of marketing and customer care for Sacramento, Calif.-based GHS Interactive Security, talks to Tess about the partnership GHS formed this spring with Solar Universe to offer homeowners a solution combining security, home automation and solar.