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Tag: ADT


ADT Q3 paves the way forward through account acquisition and valuable partnerships

Residential

ADT Q3 paves the way forward through account acquisition and valuable partnerships

October 31, 2024Ken Showers, Managing Editor

BOCA RATON, Fla. — In spite of challenging market conditions ADT has shown admirable financial growth in the third quarter thanks to bulk account acquisition and partnerships with other major platforms. “I'm pleased to report that ADT is continuing to deliver on our 2024 objectives and as we closeout the year, we're well positioned to deliver the full year financial guidance,” ADT CEO Jim DeVries told investors during a webcast. He added, “In addition to...

ADT, ADT Plus, Jeff Likosar, Jim DeVries, Residential, Third Quarter (Q3)


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ADT reports another network breach

Residential

ADT reports another network breach

October 8, 2024Ken Showers, Managing Editor

BOCA RATON, Fla. — Home security company ADT reported that its network had been illegally accessed in a filing with the U.S. Securities and Exchange Commission early this week.  An ADT spokesperson told Security Systems News (SSN): “We are investigating a cyberattack on our network. For more information, we direct you to our Form 8-K disclosure filed with the SEC on Oct. 7.”  In that filing, the company clarified that the data breach occurred as a result of compromised...

ADT, data breach, Security Systems News (SSN), third party, U.S. Securities and Exchange Commission (SEC)


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Pierre Bourgeix

Cybersecurity

Geutebrück USA adds Pierre Bourgeix to its advisory board

September 30, 2024SSN Staff

TAMPA, Fla.—Geutebrück USA, the North, South and Central American sales, support, and distribution arm of the German video security solutions manufacturer Geutebrück, has made a strategic move to bolster its leadership and expertise by appointing Pierre Bourgeix to its advisory board. Bourgeix, the CEO and founder of the global security consultancy ESI Convergent, brings over three decades of extensive experience in the security industry, having held influential roles at prestigious...

ADT, Boon Edam, ESI Convergent LLC, Geutebruck USA, HySecurity, Pierre Bourgeix, SecureState, Terry Ottinger, The Rand Corporation, Tyco Security, U.S. State Department, Wallace International


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Also Noted

Jamie Brennan returns to DMP as executive director of national accounts

September 16, 2024SSN Staff

SPRINGFIELD, Mo.—Digital Monitoring Products (DMP) announced that Jamie Brennan has returned to the company as executive director of national accounts. He will build and lead a team to develop initiatives and strategies for national accounts. “We are excited to see the growth in this team,” said Jon Adams, vice president of sales at DMP. “As many of you know, Jamie successfully managed our relationship with ADT/Everon for many years.” Prior to joining DMP, Brennen...

ADT, Digital Monitoring Products (DMP), Everon, Jamie Brennan, Jon Adams


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Also Noted

ADT appoints Suzanne Yoon to Board of Directors

August 25, 2024SSN Staff

BOCA RATON, Fla.— ADT has announced the appointment of Suzanne Yoon to the company’s Board of Directors as an additional independent director. “We are pleased to welcome Suzanne to our Board of Directors,” said Jim DeVries, ADT chairman, president and CEO. “She brings a wealth of experience, financial expertise and a deep understanding of value creation. Suzanne has a strong commitment to innovation and operational excellence, making her the perfect addition...

ABN AMRO, ADT, Board of Directors, Chicago Bears, CIT Group, Jim DeVries, Kinzie Capital Partners, LaSalle Bank, Suzanne Yoon, Versa Capital Management


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On The Editor's Desk

‘Home’ support

August 14, 2024Cory Harris, Editor

“Root, root, root for the home team” is a famous line from Take Me Out to the Ballgame, one of the most iconic sports-themed songs ever made. These days, it seems the roles have been reversed, thanks to recent corporate sponsorships of professional sports teams by home security companies. My idea for this week’s blog came about while I was watching my beloved New York Mets take on the Miami Marlins over the weekend, when I noticed that the Marlins players were wearing an ADT...

ADT, Art Miller, loanDepot Park, Miami Marlins, Motorola Solutions, Nashville Predators, National Hockey League (NHL), New York Mets, San Diego Padres, Vector Security


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Monitoring Matters

Finger on the pulse

August 7, 2024Ken Showers, Managing Editor

We’re somewhere around the halfway point for the fiscal year, at least for most companies, and the prognosis for the second quarter (Q2) couldn’t be more boring. That is to say, everyone seems to be doing the exact same thing and making the exact same reports. Everyone sold off part of their business, everyone has made “strategic acquisitions” that have been largely responsible for the positive balance sheets I’m seeing. That really seems to be…it? Every...

2024, ADT, Global Security Exchange (GSX), Mergers & Acquisitions, Second Quarter (Q2)


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ADT’s Q2 meeting celebrates 150 years in business

Residential

ADT’s Q2 meeting celebrates 150 years in business

August 6, 2024Ken Showers, Managing Editor

BOCA RATON, Fla. — ADT posted solid financial results for the second quarter (Q2), noteworthy in the face of current global macroeconomics but not surprising for a company celebrating its 150th year in business in August.  The company posted a total revenue increase of 3% to $1.2 billion and end-of-period recurring monthly revenue (RMR) of 2% to $355 million year over year, amid higher interest rates and fewer relocations, a traditional catalyst for new subscribers, said President and...

ADT, home security, Jim DeVries, recurring monthly revenue (RMR), Second Quarter (Q2)


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Also Noted

Orange County, N.C., ECC goes live with TMA’s Automated Secure Alarm Protocol

August 2, 2024SSN Staff

MCLEAN, Va.—The Monitoring Association (TMA) announced that the Orange County Emergency Services, Public Safety Communications Division became the 146th Emergency Communications Center (ECC) in the United States and the 14th in the state of North Carolina to implement the Automated Secure Alarm Protocol (ASAP).  Launched in 2011 as a public-private partnership, TMA’s ASAP service is designed to increase the accuracy and efficiency of calls for service from alarm monitoring...

ADT, Affiliated Monitoring, Alert360, Automated Secure Alarm Protocol (ASAP), Brinks Home, Christopher H. Ward, CPI Security, Dynamark Monitoring, Emergency Communications Center (ECC), Guardian Protection, Holmes Security, Johnson Controls (JCI), National Monitoring Center (NMC), Orange County Emergency Services, Public Safety Communications Division, Protection One, Rapid Response Monitoring, Securitas, Security Central, The Monitoring Association (TMA), United Central Control (UCC), Vector Security, Vivint, Wegmans Security


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Buncombe County ECC goes live with TMA’s Automated Secure Alarm Protocol

July 11, 2024SSN Staff

MCLEAN, Va.—The Monitoring Association (TMA) announced that the Buncombe County Public Safety Communications Center (BCPSC) became the 145th Emergency Communications Center (ECC) in the United States and the 13th ECC in the state of North Carolina to implement the Automated Secure Alarm Protocol (ASAP).  Launched in 2011 as a public-private partnership, TMA’s ASAP service is designed to increase the accuracy and efficiency of calls for service from alarm monitoring centers...

ADT, Affiliated Monitoring, Alert360, Automated Secure Alarm Protocol (ASAP), Brinks Home, Buncombe County Public Safety Communications Center (BCPSC), CPI Security, Dynamark Monitoring, Emergency Communications Center (ECC), Guardian Protection, Johnson Controls (JCI), National Monitoring Center (NMC), Protection One, Quick Response, Rapid Response Monitoring, Securitas, Security Central, The Monitoring Association (TMA), United Central Control (UCC), Vector Security, Vivint


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