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ADS buys in Savannah

 - 
08/15/2013

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
 - 
08/07/2013

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
 - 
07/31/2013

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'
 - 
07/31/2013

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.

ADT to acquire Devcon Security for $148 million

ADT looking for more acquisitions
 - 
07/31/2013

BOCA RATON, Fla.—The ADT Corp. announced this morning that it plans to acquire Devcon Security from Golden Gate Capital for $148.5 million. The deal—ADT’s first major acquisition since spinning off from Tyco International last fall—brings 117,000 accounts and $3.6 million of RMR. The transaction is expected to close in early August, Naren Gursahaney, ADT CEO, said during an investor call today.

Home security photos feature in murder case against ex-NFL star Hernandez

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07/26/2013

ATTLEBORO, Mass.—Former New England Patriots tight end Aaron Hernandez is holding what authorities have said is a gun in several surveillance photos recorded hours before—and minutes after—his friend was shot to death, according to an Associated Press report.

Canary: Security device so smart it ‘can think for itself’

NYC startup company offering Canary so far has raised more than half a million dollars in just three days using crowdfunding—getting financial support via the Internet—to bring the device to market
 - 
07/24/2013

NEW YORK—Canary is the name of a security startup here—and like a canary in a coal mine the company has been testing this week to see if it could raise enough money through crowdfunding to launch what has been dubbed as “the first affordable home security system that can think for itself.” The answer is a resounding yes.

AT&T adds more Digital Life markets

 - 
07/22/2013

DALLAS—AT&T announced today that it plans to launch Digital Life, its home automation/home security product, in six more markets beginning this Friday: Cincinnati, Columbus, Indianapolis, San Diego, San Jose and Tampa.

New options driving connected home growth

Home safety products top homeowners’ wish list of additional features
 - 
07/17/2013

DALLAS—A survey of consumers by Parks Associates found that the more features homeowners have in a home control system, the more likely they are to recommend the system to family and friends.

ASG closes four deals in Q2

Adds $114k in RMR and an office on Long Island
 - 
07/02/2013

BELTSVILLE, Md.—In the past three months, ASG Security closed four acquisitions that bring an additional $114,000 in RMR.

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Poll

SSN News Poll June 2014

ADT is going after the small business market, launching targeted offerings for specific verticals: retail, food and beverage, clinical, professional offices and mechanical. The company says there's lot of untapped opportunity because only 50 percent of small businesses have monitored security. What are your thoughts on that market?

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