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Two New Mexico security firms merge

New company touts ‘unique model’ of providing in-person response to alarms with its staff of veteran police officers
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10/17/2012

ALBUQUERQUE, N.M.—Two security companies here, Select Security Systems and Armed Response Team, recently merged.

ADS growth plan: ‘one branch a year’

The company achieved that in 2012 with purchase of Mississippi security company; now looks toward 2013
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10/17/2012

NASHVILLE—ADS Security’s recent acquisition of a Mississippi security company not only gave ADS an entry into a new state but also fulfilled the company’s growth plan of adding a new office each year, according to John Cerasuolo, ADS president and CEO.

ADT CEO: It's not a 'moonshot' to double residential penetration to 40 percent

Naren Gursahaney says it will take effort, expanding interactive home offerings and educating the public and investors
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10/10/2012

NEW YORK—The ADT Corp. CEO Naren Gursahaney has set a bold goal. He wants the newly independent ADT—which began trading on the New York Stock Exchange on Oct. 1—to increase its residential penetration from 20 percent to as much as 40 percent.

Guardian Alarm acquires two in Michigan

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10/09/2012

SOUTHFIELD, Mich.—Guardian Alarm Co., based here, recently added about 3,000 mostly residential accounts and $72,000 in RMR by acquiring two local competitors.

Newly independent ADT 'like a 138-year-old startup'

In second week of trading on the NYSE, the home security company says it’s launching a new era of growth
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10/08/2012

NEW YORK—Flanked by ADT executives and two customers saved from potential carbon monoxide poisoning by an ADT alarm system, Naren Gursahaney, CEO of The ADT Corp., rang the starting bell at the New York Stock Exchange today.

Vivint active on legal turf

Vivint’s Few says lawsuits filed because company is looking out for its customers
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10/03/2012

PROVO, Utah—Several new lawsuits involving Vivint are pending in federal court in Utah, two of them initiated by the company and one in which it’s a defendant.

Mass. city may have to pay for limiting fire alarm options

The state says Lowell illegally required property owners to buy fire alarm boxes from single vendor
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10/01/2012

LOWELL, Mass.—This city may end up paying rebates to property owners after it required them to buy fire alarm boxes from just one vendor, preventing them from purchasing the boxes more cheaply from other sources, according to newspaper reports.

Alarm.com: ‘Reduce Your Use’ will help increase RMR

Company says new partnership with utility will save customers money and drive demand for ‘smart’ thermostats and security systems
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09/26/2012

VIENNA, Va.—Alarm.com has found a new way to tap into consumers’ growing interest in saving energy: It is partnering with a California utility in a program that gives Alarm.com customers extra savings on their utility bills if they cut energy usage during peak demand times.

Putting the Vivint sale in perspective

Michael Barnes and George De Marco on the $2 billion valuation of Vivint, whether its growth plans are realistic, and its plans for expansion into commercial security
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09/19/2012

YARMOUTH, Maine—News today that the Blackstone Group, a $180 billion private equity firm, will acquire home automation and security company Vivint in an agreement worth more than $2 billion is another “huge shot of support for the industry,” Michael Barnes, founding partner of Barnes Associates, a consulting and advisory firm that specializes in the security alarm industry, told Security Systems News.

ADT set to 'go it alone'

CEO of The ADT Corp. squelches rumors new entity will be takeover target
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09/18/2012

BOCA RATON, Fla.—Tyco International shareholders voted Monday to approve splitting Tyco into three separate companies—one of them ADT, another a commercial fire and security business, and the third a flow control unit. ADT officials say they’re eager to see ADT become a stand-alone company, providing security and interactive services to residences and small businesses and focused on innovation and growth.

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Poll

SSN News Poll October 2014

More and more connected products in homes and businesses increasingly provide central stations with new revenue and service opportunities to monitor those devices. But some say that to do that, centrals need to change and become more like data centers. Do you agree? Tell us what you think the central station of the future will look like.

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