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Sweetwater marches on with purchase

 - 
02/01/2004

STAFFORD, Texas - Sweetwater Security Capital’s acquisition of approximately 1,500 monitoring accounts from DSS Security, a subsidiary of Eagle Broadband, late last year marked the fifth such deal for the firm in 14 months.

The acquisition of the accounts, which were purchased for an undisclosed amount of cash, puts Sweetwater closer to its objective of building a national security company.

Growing senior market draws ADT

Companion Services offering to serve our aging population
 - 
02/01/2004

BOCA RATON, Fla. - With more than 35 million Americans already over the age of 65 - and much of the baby boomer generation due to hit that benchmark in 2010 - ADT’s personal emergency response business is signing a host of new partnerships and is tweaking its direct to the end-user sales approach.

Protectron heads West with another acquisition

Company targets three major markets in Canada for expansion
 - 
02/01/2004

MONTREAL - National installation firm Protectron made inroads in one of its target urban markets in December when it acquired a 20-year-old alarm company to add to its base of accounts in British Columbia.

With the purchase of Valley Alarms and its 4,000 accounts, Protectron grew its subscriber base in the greater Vancouver market to more than 10,000 accounts, part of a strategic plan to boost the company’s market share in Vancouver and two other metropolitan markets in Canada - Toronto and Ottawa.

Briefs

SSN Staff  - 
02/01/2004

RS&I, SAFE partner for program

IDAHO FALLS, Idaho - RS&I, a distribution company that offers affinity programs in vertical markets, has renewed its partnership with SAFE Financial, based in San Ramon, Calif., to launch a new phase of the Alliance program.

Netracon wins subdivision

SSN Staff  - 
01/01/2004

DALLAS - A company that began as a network consulting firm is now the integrator for Lone Star Ranch, a development of 10,000 single-family homes in Frisco, Texas.

Network Traffic Controllers, which was just selected as a Sears Connected Home integrator (see related story), has already implemented structured wiring for 600 homes in the program, which will take 10 years.

Honeywell bundles new home offering

Security to be part of ‘three-legged stool’ of sales tool to builders
 - 
01/01/2004

SYOSSET, N.Y.

Protection One credit rating downgraded

 - 
01/01/2004

TOPEKA, Kan. - Protection One’s credit rating has been downgraded by Standard & Poor’s Rating Services, an implication that the up-for-sale alarm company may need to restructure its debt or file for bankruptcy after it finds a buyer.

Briefs

SSN Staff  - 
01/01/2004

AlarmForce secures financing

TORONTO - Residential and commercial alarm company AlarmForce Industries announced in early December it had closed a previously announced bought deal financing led by Acumen Capital Finance Partners Limited to issue 1,000,000 common shares on a private placement basis. The price was $2.

Venerable appliance retailer enters home controls market

Sears, Home Director launch authorized integrator program
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01/01/2004

HOFFMAN ESTATES, Ill. - One of the most trusted sellers of home appliances is making inroads in the home integration market through a partnership with a home controls system manufacturer and an authorized integrator program that already stretches across the United States.

Tyco garners new $2.5 billion in funding

SSN Staff  - 
01/01/2004

PEMBROKE, Bermuda - Tyco International Inc. announced in late December that it had completed negotiations of new bank credit facilities totaling $2.

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Poll

SSN News Poll May 2014

The fourth annual Barnes Associates/SSN/CSAA Wholesale Monitoring Study found the number of monitoring accounts in 2013 was up 19 percent over the previous year. The authors believe the influx of cablecos and telecoms into the industry is behind this "unprecedented growth." What are your thoughts on the impact these big new players are having?

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