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Canary affordable home security device still hot sales item

With more than $1.9 million in hand, Canary is preselling its self- install device and is in talks with the ‘biggest monitoring companies’
by: 
Tess Nacelewicz
  - 
09/11/2013
  | 
Residential

NEW YORK— Canary, a New York City startup that recently raised nearly $2 million through crowdfunding for what it calls “the first smart home security device for everyone,” says so many additional customers still want the device that it launched a more traditional sales campaign on its website today.

Vivint grows its infrastructure along with its business

The home automation/home security company now has 7,000 employees, and has doubled size of its headquarters, and opened two other Utah facilities and one in Washington state
 by: 
Tess Nacelewicz
  - 
09/04/2013
  | 
Residential

PROVO, Utah—Vivint expanded this summer into a new 100,000-square-foot building on its campus here, which about doubles the space it occupies in Provo.

SAFE Security gets new CFO and COO

by: 
SSN Staff
  - 
09/03/2013
  | 
Residential

SAN RAMON, Calif.—SAFE Security has announced a pair of management changes.

Sentry Security acquires Stand Guard Security

by: 
SSN Staff
  - 
08/30/2013
  | 
Residential

WHEELING, Ill.—Sentry Security, based here, has acquired Stand Guard Security, of Crystal Lake, Ill., according to the Davis Mergers and Acquisition Group, which assisted in the transaction.

American Alarm’s backyard buy adds density

The company bolts on a Worcester, Mass. company, enhancing service; it also grows revenue by 15 percent, RMR by 14 percent
 by: 
Tess Nacelewicz
  - 
08/28/2013
  | 
Residential

ARLINGTON, Mass.—American Alarm and Communications is having a banner year: The company has acquired a bolt-on in its backyard that adds density and boosts the company’s service capabilities, and it ended its fiscal year with revenues that exceeded expectations.

ADS buys Security Services

The super-regional plans a larger purchase in a new market this fall
 by: 
Tess Nacelewicz
  - 
08/21/2013
  | 
Residential

NASHVILLE, Tenn.—Forging ahead with its planned acquisition strategy, ADS Security has acquired Savannah, Ga.-based Security Services, its second fold-in this year.

ADS buys in Savannah

by: 
SSN Staff
  - 
08/15/2013
  | 
Residential

NASHVILLE, Tenn.—ADS Security has acquired the customer accounts of Georgia-based Security Services, Inc.

Fired AlarmForce CEO fighting his ouster

Joel Matlin, who founded the company, says he has a legal strategy to remove board members who forced him out
 by: 
Tess Nacelewicz
  - 
08/07/2013
  | 
Residential

TORONTO—The recently ousted CEO of AlarmForce Industries, one of Canada’s largest security companies, said he’s planning a legal strategy designed to replace the board members who fired him.

Florida company succeeds with unique business model

Just one branch of Crime Prevention Security Systems is a Guardian dealer while the company’s main office operates independently
 by: 
Tess Nacelewicz
  - 
07/31/2013
  | 
Residential

GAINESVILLE, Fla.—Founded by a microbiologist and a special education teacher, Crime Prevention Security Systems wasn’t your typical security company when it began 38 years ago and it still stands out from others today.

Latest change for Devcon welcomed

Devcon CEO Steve Hafen says ADT’s plan to buy the company is 'great news'
 by: 
Tess Nacelewicz
  - 
07/31/2013
  | 
Residential

HOLLYWOOD, Fla.— Devcon Security has undergone dramatic changes in the past few years: a rapid expansion, then an even faster downsizing and also a management shake-up. Now, an even bigger change—ADT’s announcement today that it has signed a deal to acquire Devcon for $148.5 million—is a welcome one, Devcon CEO Steve Hafen told Security Systems News.

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Poll

SSN News Poll January 2014

Last year around this time, The Wall Street Journal predicted the U.S. economy would be "turning a page" in 2013, starting a period of more normal growth, although not robust. Did this positive prognostication turn out to be true for members of the security industry? Tell us how your company made out in 2013 and what your predictions are for 2014.

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