DALLAS—Approximately 26 percent of U.S. broadband households today now own a smart home device, up from 19 percent at the end of 2015, according to new Parks Associates’ research that was announced at its CONNECTIONS Summit at CES in January.
KENT, Wash.—SafeStreets USA, a large ADT dealer based here, recently announced changes to its executive line-up, including a new CEO, CFO, chief development officer and president.
PROVO, Utah—Vivint Smart Home, a smart home services provider based here, made several big announcements at CES 2017 last week, most notably Vivint Sky, the company’s new smart home assistant that uses artificial intelligence, or AI, to manage all of the devices in a connected home.
PHOENIX—Titan Alarm, a security, access, fire and surveillance company based here, made its third acquisition of 2016, finishing the year strong with the purchase of accounts and RMR of Arrow Security Design LLC, a Scottsdale, Ariz.-based company owned and operated by Ray Millazo, who is retiring after more than 30 years in the industry.
JUPITER, Fla.—Vortex Security, a home and business security and automation company based here, recently secured $3 million in credit from Cassell Global Investments, funding that will help the company sustain its strong growth organically as well as possibly expand through acquisition.
HOLLYWOOD, Fla.—Tammy Beil, chief growth officer for marketing firm TABeil, kicked off her Honeywell CONNECT session by listing some of the most globally recognized brands, including Google, Coca-Cola, Mercedes-Benz and Nike.
PITTSBURGH—Vector Security, a large residential and commercial security provider based here, recently entered into an agreement for a $300 million revolving credit facility.
ROCHESTER, Minn.—Custom Alarm’s CEO Melissa Brinkman talked with Security Systems News about the company’s increased approach to smart home technologies.
SAN RAMON, Calif.— SAFE Security announced on Oct. 25 that it has secured a subordinated debt facility with lead agent Ironwood Capital and co-investor OFS Capital Corporation, an investment that SAFE president and CEO Paul Sargenti said will allow the company to continue its strong growth for the year.
NASHVILLE, Tenn.—Continuing a record-setting year for acquisitions, ADS Security recently acquired 1,100 accounts from Branham Security, based in Elgin, S.C., about 20 miles outside of Columbia.
A variety of dealers and monitoring centers have taken interest in the PERS, mPERS and medical monitoring space. How do you think PERS and security could interact?
