SAN RAMON, Calif.—Establishing branch offices, bundling services with telecoms/cablecos, and expanded DIY offerings are three initiatives SAFE Security has in its playbook, and it has hired Gary Franklyn, formerly with Security Networks, to spearhead these effort.
TULSA, Okla.—Super-regional security company Central Security Group today named Richard Ginsburg as CEO. Ginsburg, who as CEO of Protection 1 grew it into one of the top three security companies in the country from 2001 to 2010, said he wants to grow CSG into a “significantly larger company.”
NASHVILLE, Tenn.—Honeywell just introduced a new solution enabling dealers to offer affordable home automation upgrades to more than 10 million customers—and a company executive says the release of Honeywell’s VISTA Automation Module or “VAM” couldn’t have come at a better moment.
PROVO, Utah—Vivint last summer opened a new 400-employee sales center in Liberty Lake, Wash., suburb of Spokane. Now, barely a year later, the home automation/home security company said it was closing the center as of today.
YARMOUTH, Maine—It seems that everyday there is a new connected device, whether it is a smart thermostat or a spoon that counts your bites (yes, this exists), which can connect to the Internet. This is a part of a larger technology trend called the “Internet of Things” which represents the potential for everything to become a sensor or device that collects and shares information through the Internet.
PALO ALTO, Calif.—First, Google got into home automation early this year with the $3.2 billion buy of smart thermostat and smoke alarm maker Nest Labs. Now, Nest is buying startup Dropcam, which makes video cameras that stream video to a user’s computer or cellphone. The deal gives Google an entrée into home security.
Some companies this year have discussed the benefit of moving from operating their own central stations to partnering with a third party monitoring center, including RFI Communications, Red Hawk Fire & Security and Comtronics. Will more companies switch to using wholesale centrals?