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Blackstone closes on Vivint purchase

Deal will allow Vivint to ramp up inside sales; company also is seeking new CFO
 - 
12/19/2012

PROVO, Utah—The deal is done: The Blackstone Group has officially closed on its purchase of home automation/home security giant Vivint for more than $2 billion.

Vivint: Canada fast-growing home automation market

Reasons include sales strategy and customer interest
 - 
12/12/2012

PROVO, Utah—Vivint, a home automation/home security company based here, is finding Canadian homeowners very receptive to home automation, adopting it at rates that exceed those in the United States.

Security Networks’ 2013 forecast: even more growth

CEO: ‘Right business model at the right time’ leads to increases in revenues, staff
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12/05/2012

WEST PALM BEACH, Fla.—With revenues projected to exceed $100 million, a plan to add about 80 employees and continued expansion of its affiliate network, Security Networks is expecting 2013 to be another in a series of strong growth years, according to CEO Richard Perry.

Pinnacle streamlines staff

Work force ‘rightsized’ last week to address 'redundancies'; extent of reductions not clear
 - 
12/05/2012

OREM, Utah—After recently selling a large number of its accounts to Monitronics, Pinnacle Security, a leading summer-sales-model company based here, laid off some of its staff last week.

New First Alert leader aims to 'reinvent' the program

Marek Robinson says Honeywell dealer network has had "a phenomenal year" but can do even better
 - 
11/28/2012

HOLLYWOOD, Fla.— Marek Robinson, the new leader of First Alert Professional, says his hiring is an example of Honeywell Security Products’ renewed focus on its premier dealer program.

Laurie Mickiewicz: Director of finance adds to Guardian Alarm

For the fourth consecutive year, Security Systems News is profiling women who are making their mark in the traditionally male-dominated world of security. Mickiewicz, director of finance for Guardian Alarm, is one of six women featured this year.
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11/19/2012

Devcon Security on the block?

Company CEO: Devcon’s private equity owner considering sale due to favorable market and interest from potential buyers
 - 
11/14/2012

HOLLYWOOD, Fla.—Devcon Security, a super-regional based here that has been rapidly downsizing this year after a period of aggressive expansion, could soon be up for sale.

Honeywell aims at doubling residential penetration

Honeywell’s Harkins also calls the DIY trend ‘an opportunity’ to make products so appealing that self-installation ‘doesn’t make sense’
 - 
11/07/2012

HOLLYWOOD, Fla.—Honeywell Security Products President Scott Harkins said last week that he believes the industry’s residential security penetration rate could double to 40 percent, and that Honeywell aims to become “the Apple of the industrial world,” combating the growi

CTS Protective Services Acquired by Safe Streets USA

 - 
11/05/2012

ELMWOOD PARK, N.J.—Safe Streets USA, based here, has purchased CTS Protective Services of Rossville, Ga., according to a press release from the Davis Group, who facilitated the sale.

Loud Security acquires, gets new office, teams up with builders

New contracts signed with major builders won’t require expensive prewiring and will allow for wireless packages
 - 
10/31/2012

KENNESAW, Ga.—In the past 30 days, Loud Security has closed on three local acquisitions, moved to a new corporate office almost three times the size of its old one, and signed new contracts with national homebuilders who expect to do nearly 3,000 closings during the next

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Poll

SSN News Poll November 2014

The Custom Electronic Design & Installation Association's CEDIA Expo is a home technology trade show with products and training related to audio, video, control, security and networking—and it's growing. CEDIA says the 2014 event, held Sept. 10-13 in Denver, had more than 18,500 attendees, an increase of 3 percent, and floor space increased 14 percent for the 480 exhibitors. But is this show growing in importance for the security industry? Tell us what you think.

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