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Settlement reached in Joel Matlin’s $11.3 million lawsuit against AlarmForce

Former AlarmForce CEO and founder Matlin ‘happy it has been resolved’

TORONTO—A settlement was reached on March 10 in Joel Matlin’s $11.3 million lawsuit against AlarmForce.

Initial research: Telecoms, cablecos responsible for half of new subscribers

Parks Associates' Kerber talks about interactive services, DIY, and new entrants in security

DALLAS—Interactive services, self-installed options, the presence of cable and telecom operators, new smart-home technologies—it truly is a pivotal time for the residential security industry. To help sort it all out, Security Systems News caught up with Tom Kerber, who leads Parks Associates research in the areas of home controls, energy management and home networks.

Vivint gets quarter-million new subscribers in 2015

Smart home services’ adoption rate reaches 78 percent, driving sales, RMR

PROVO, Utah—Vivint Smart Home on March 8 announced its fourth quarter and year-end financial and operational results, showing record increases across the board, including nearly a quarter-million new smart home subscribers.

American Alarm: Building infrastructure to support and sustain growth

Increased warehouse capabilities, marketing software helps employees in the field and in the central station

ARLINGTON, Mass.—Coming off a record year for revenue and RMR growth, American Alarm and Communications, a leading residential and commercial provider of security and life-safety systems across New England, is poised for another year of continued strong growth, according to company president Wells A. Sampson.

White Rabbit opens authorized dealer program

Company hopes to add 75 to 100 dealers before ISC West

COLORADO SPRINGS, Colo.—White Rabbit Electronics is now actively recruiting for its new authorized dealer program.

B Safe buys two in New Jersey


WILMINGTON, Del.—B Safe, a regional provider of security and fire alarms, has acquired two companies in New Jersey: Cary Security of Fair Haven and Power Systems Security & Communications of Bay Head.

BeON Home gets $2.9 million

Erchak predicts BeON will be a ‘no brainer’ add-on for security dealers

CAMBRIDGE, Mass.—BeON Home, a startup provider of Bluetooth smart-home lighting protection system, has closed a $2.9 million funding round.

ADS buys SAFECO’s accounts

Company increases presence in Alabama

NASHVILLE, Tenn.—ADS Security completed its first acquisition of 2016, bringing in 1,300 accounts from Security and Fire Equipment Co. (SAFECO) of Northport, Ala.

Redwire creates a resi division

Doug Smith said resi account acquisition possible in 2016

TALLAHASSEE, Fla.—Redwire, a commercially focused security company based here, is getting into residential security.

LOUD finalizes last acquisition of 2015

Deal brought the company 800 accounts on New Year’s Eve

KENNESAW, Ga.—LOUD Security acquired Nash Security on Dec. 31, John Loud, company president, told Security Systems News, and more are on the way in 2016.



SSN News Poll December 2016

Some companies take a focused approach to breaking into­—or growing within particular—vertical markets; "We are really heavy on the casino side, so we decided—let’s be the No. 1 gaming integrator in North America,” said Surveillance Systems Inc. president Todd Flowers. Where do you see the next big opportunity?