Tag: Ed Breen
North American perimeter security market to grow
May 11, 2015Spencer Ives
LONDON—Technavio predicts growth in North America's perimeter security market to be about $5.7 billion by 2019, up from $4.1 billion in 2014, a 39 percent increase.
Technavio defines perimeter security as an “intrusion prevention system, which consists of components like barrier and gate sensors, personal identification system control, [and] access communications,” Amrita Choudhury, Technavio senior industry analyst, told Security Systems News.
Increasing government regulations...
ADT putting 4,000 iPads in hands of its sales reps
March 14, 2012Tess Nacelewicz
BOCA RATON, Fla.—ADT started providing its sales reps with iPads a few months ago, and has found the wireless devices so useful in boosting sales that it plans to put them in the hands of all its approximately 4,000 reps by the end of 2012, according to Joe O'Connell, VP of residential sales ADT North America.
The iPads not only help sales reps manage their work more efficiently—saving time they can use for extra sales calls—but are proving to be a valuable presentation tool...
Tyco's Breen talks about new entrants, PULSE, ADT spin-off
January 31, 2012Martha Entwistle
There were some interesting tidbits on today's Tyco earnings call—about earnings of course, but also about new cable/telco entrants into the security industry, stats on ADT's PULSE offering, and a progress report on the conglomerate's split into three, separate, publicly traded companies.
On the new entrants: In response to a question about how/if new cable/telco entrants into the security industry is affecting ADT, Tyco CEO Ed Breen said: “We track every market we're...
Tyco post-split talk Part II: Are acquisitions in the air?
November 3, 2011Martha Entwistle
Here's Part II (I posted Part I yesterday) of a blog with some Tyco post-split details, which I found in the process of reviewing the Tyco International Conference Call. The call took place on the day that Tyco announced its plan to split into three publicly traded companies.
On that day, most of the industry, including yours truly, was running around the ASIS show floor. The quotes below are courtesy of Seeking Alpha.
Was the split construed to ready Fire & Security or ADT for acquisition?...
Tyco post-split Part I: Dealer news; New Fire & Security group to save $
November 2, 2011Martha Entwistle
Will ADT grow its dealer or internal sales groups post split? How will Tyco save $400 million to $500 million mostly from the new Commercial Fire and Security division?
I found some interesting details on those questions when I finally had a chance—on a recent long plane ride—to review the Tyco International Conference Call. The call took place on the day that Tyco announced its plan to split into three publicly traded companies.
On that day, most of the industry, including yours...
Tyco looks to acquire Visonic
June 21, 2011Martha Entwistle
BOCA RATON, Fla.—Tyco International, parent company of ADT, is in talks to acquire security product manufacturer Visonic, which is based in Tel Aviv, Israel.
“I can confirm that we're in discussion with Visonic and that may or may not lead to definitive transaction,” Tyco spokesman Paul FitzHenry told Security Systems News on June 21. He declined further comment.
News of the deal surfaced today in a report, published by Israel-based new outlet domain-b.
The report cites a Visonic...
Tyco International has new HQ for ADT North America
June 6, 2011Martha Entwistle
BOCA RATON, Fla.— At the dedication of ADT's new North American headquarters scheduled for today, Tyco International CEO Ed Breen will thank local and state government officials for their support—which helped the corporation secure more than $1 milliion in economic incentives for the project.
Breen will be joined by U.S. Congressman Allen West, Boca Raton Mayor Susan Whelchel and other dignitaries at the dedication of the new 171,000 square-foot headquarters.
Security Systems...