Subscribe to Residential

Residential

Security industry share of smart home market to be cut in half by 2019, report says

Early mover advantage that security companies now have will give way as telecoms, cablecos gain more market share, ABI Research says
 - 
03/19/2014

NEW YORK—Monitored security companies will stay at the top of the U.S. managed smart home market for the next five years, but their market share will drop more than 50 percent by 2019 as competitors such as telecoms and cablecos leverage their own strengths in the space, predicts a new report from ABI Research.

Vivint exec transitions from shoes to security

New CMO Jeff Lyman formerly created digital products for Nike and now will transfer those skills to the home automation space
 - 
03/18/2014

PROVO, Utah—Vivint has been making a habit in the past year of going outside the industry to hire members of its leadership team. The latest example is Jeff Lyman, who worked for Nike before joining the home automation/home security giant.

Guard Pro’s acquisition by Vyanet to help both companies

Arizona-based Guard Pro’s founder says he’ll concentrate on sales while Vyanet handles the back office and expands its footprint in the state
 - 
03/12/2014

TUCSON, Ariz.—Vyanet Operating Group acquired Guard Pro Protection Services, based here, on Feb. 7. The two companies’ new strategic relationship creates growth opportunities, according to Steve Abril, founder of Guard Pro.

ADS acquires two in Alabama

The two buys are ‘just the start’ of ADS’ acquisition plans for 2014
 - 
03/05/2014

NASHVILLE, Tenn.—ADS Security, based here, this week announced the acquisition of the accounts of two Alabama security companies, Advanced Electronic Solutions of Opelika, and Guardian Security Systems of Decatur.

Guardian Protection signs on a top California dealer

Skyline Security is expected to sell 800 to 900 systems a month
 - 
03/05/2014

WARRENDALE, Pa.—A new in-house financing feature offered by Guardian Protection Services’ authorized dealer program is a major reason one of California’s largest security dealers has joined the program, expanding Guardian’s presence in that lucrative market.

Honeywell First Alert enhances opportunities for NC dealer

Sonitrol Security Services says becoming an FAP dealer gives it an edge in high-end resi
 - 
02/19/2014

CHARLOTTE, N.C.—Sonitrol Security Services recently became a Honeywell First Alert Professional (FAP) dealer, a move that will help the company “take it to the next level” in the high-end residential market, said Sonitrol Security CEO and President William Price.

B Safe acquires two in New Jersey

The Delaware-based regional expands its NJ presence with the acquisitions
 - 
02/19/2014

WILMINGTON, Del.—B Safe, based here, recently made two buys in New Jersey, giving the company more depth in that state, according to Mary Cakir, customer service manager for the regional security and fire company.

Brink’s getting back into home security?

Company’s CEO says it is considering re-entry
 - 
02/06/2014

RICHMOND, Va.—Brink’s got out of the home security market in 2008 but may be reentering that market, the company’s CEO said recently.

GHS expands into southern California market

The door-knocking company is adding some traditional resi and light commercial sales to its mix and ramping up its Independent Partner program
 - 
02/05/2014

SACRAMENTO, Calif.—GHS Interactive Security, a new home security company based here, announced this week that it is expanding into southern California with the hire of Shaun Carpenter, an industry veteran who has run large dealer programs in that area for the past 10 years.

ADT releases Q1 results—and stock price drops

But Imperial Capital maintains ‘outperform’ rating on ADT, saying it expects ‘positive catalysts’ from the company in 2014
 - 
01/30/2014

BOCA RATON, Fla.—Although The ADT Corp. reported Jan. 30 that ADT Pulse take rates and recurring revenue were up in its latest quarter, it also said net income decreased 27 percent in that period—and its share price tumbled.

Pages

Poll

SSN News Poll January 2015

John Loud of LOUD Security spoke at Honeywell’s recent Connect2014 event for its dealers about the need for an appropriate company culture that builds engagement and productivity and adds a “fun factor” to the workplace. How does your company handle its culture? Tell us what you think.

Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.