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Select Security slides onto residential playing field

 - 
09/01/2004

LANCASTER, Penn. - Looking to expand the company’s geographic footprint as well as its market grasp, Select Security has acquired State College, Penn.

Adelphia announces sale

SSN Staff  - 
09/01/2004

Security division may be sold off separately
NEW YORK - Bankrupt Adelphia Communications confirmed in early August that it will sell the company - either as a whole or in parts.
Adelphia, which has more than five million cable subscribers across the United States, operates two security companies, Checkpoint Limited in Florida and Adelphia Security in New York.

Digitech acquired by Home Tech.

 - 
09/01/2004

BELLEVUE, Wash. - Digitech Home Systems, a residential integrator that recorded $7.

Microtec’s board members disembark

Due to a lack of insurance coverage, six seats remain unoccupied on the company’s board
 - 
09/01/2004

ST. AUGUSTIN, Quebec - Six members of Microtec Enterprises’ board of directors have resigned after the company’s insurance carrier chose not to renew the policy that covered the directors and officers - leaving the six individuals unprotected in the event of lawsuits filed against the company.

Just the very beginning

SSN Staff  - 
09/01/2004

Home Technologies sets first move of expansion
BELLEVUE, Wash. - Home Technologies, a provider of home automation and security solutions for the low voltage market has made its first move in a three-part growth strategy that includes creating a dealer program by acquiring residential systems integrator Digitech Home Systems.

Briefs

SSN Staff  - 
09/01/2004

ADT fails to secure dismissal of lawsuit
DENVER - A Colorado judge has denied ADT Security Services’ motion to dismiss a class action lawsuit filed by Advantek Pro, a former ADT authorized dealer.

The judge’s ruling clears the way for the firm to seek a class action certification of the lawsuit, which if approved will include current and past ADT dealers.

Lawsuit filed against installer

ADT and First Protection battle over contracts
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08/01/2004

SCOTTSDALE, Ariz. - ADT Security Services has filed a lawsuit against First Protection, a former member of its authorized dealer program, claiming breach of contract, but the Arizona-based security system provider has turned around and countersued for more than $3 million in damages.

Securex finalizes its purchase of Microtec’s common shares

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08/01/2004

CALGARY, Alberta - Securex Investments, a financial service provider to the security industry, has completed its purchase of shares of Microtec Enterprises - a move that began with an offer to buy 19.9 percent of subordinated voting shares of the struggling alarm provider in April.

Acquisition transition

Sentinel adjusting to Certified buyout
 - 
08/01/2004

CHICAGO - Things have changed for Sentinel Security.

The medium-sized, once independently run alarm company, has been acquired by Certified Security.

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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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