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
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
OREM, Utah—Pinnacle Security, a leading summer-sales-model company based here, recently announced an alliance with Monitronics International in which Pinnacle has sold Monitronics about 93,000 accounts and made an agreement for future account sales. The accounts represent $4.4 million of gross RMR, according to a news release.
BOCA RATON, Fla.—The new stand-alone ADT’s announcement this week that it has hired cable industry veteran Arthur Orduña has the blogosphere speculating that ADT is adding a “cable guy” to make it more “cable-friendly” and ready for acquisition by a telecom or cable comp
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.
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.
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.