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DEFENDERS announces executive changes

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08/15/2018

INDIANAPOLIS—DEFENDERS, a provider of residential security and smart home solutions, recently announced two executive promotions. Robert Freeman has been named chief operating officer, and Bart Shroyer has been named executive vice president and chief financial officer

LifeShield names new CEO

Company also expands its installation relationship with MasTech
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08/06/2018

LANGHORNE, Pa.—LifeShield, which provides DIY installed and professionally monitored security systems, today announced a new CEO, John Owens, as well as an enhanced business relationship with MasTec Advanced Technologies. LifeShield investor and outgoing CEO Mike Hagan will continue his role as chairman.

August Home hits 1 million user milestone

Company predicts more market share stemming from in-home deliveries
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08/01/2018

SAN FRANCISCO—Smart lock company August Home, a subsidiary of ASSA ABLOY, in July announced that it hit the 1 million user milestone for its app. Dale Pistilli, August's VP of marketing and sales, talked with Security Systems News about the factors that led to this milestone and the prospects for the smart lock market down the road.

Vector Security debuts storefront concept in Canfield, Ohio

Additional storefront locations in Kentucky and Maryland to go live by year’s end
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08/01/2018

PITTSBURGH—Vector Security Inc., a provider of intelligent mobile security and home automation solutions based here, recently debuted its new storefront concept in Canfield, Ohio, home to the company’s largest installed customer base in that state.

Honeywell Homes and ADI spin to be renamed Resideo

Resideo will license the Honeywell brand
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07/30/2018

MORRIS PLAINS, N.J.—Honeywell recently announced that Resideo will be the corporate name of the Honeywell Homes product portfolio and ADI global distribution businesses when they become a stand-alone, publicly traded company following completion of a spin that is expected by the end of 2018.

Nice S.p.A. acquires FIBARO

Deal valued at $73 million will expand product portfolios of both companies
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07/18/2018

CHICAGO—Nice S.p.A., the Italian international home automation and home security company, recently purchased Poland-based FIBARO, a global smart home brand.

Alarm.com launches homebuilder program

Program connects dealers with growing number of buyers who want smart homes
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07/11/2018

TYSONS, Va.—Alarm.com, a platform for the intelligently connected property, announced a comprehensive homebuilder program that includes new hardware and service plans designed to facilitate partnerships between homebuilders and Alarm.com's service provider partners and security dealers.

SimpliSafe now backed by PE firm Hellman & Friedman

DIY security provider to focus on increasing market penetration
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07/03/2018

BOSTON—SimpliSafe, a provider of DIY installed home security systems, on June 29 announced an investment from private equity firm Hellman & Friedman to accelerate SimpliSafe’s growth and expansion of the home security market. Terms of the transaction were not announced.

Vivint Smart Home and Google collaborate

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06/27/2018

PROVO, Utah—Vivint Smart Home announced a collaboration with Google to make every new Vivint smart home voice-enabled using the Google Assistant. Vivint is giving voice control to every new customer by including two Google Home Mini devices with every smart home system, and adding Nest Thermostat E and Google Wifi as options in its smart home suite.

Select announces several more purchases

Collection of acquisitions announced two months after batch of five other buys
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06/11/2018

LANCASTER, Pa.—Select Security in early June announced a variety of acquisitions, one in New Jersey, one in New Mexico, and two in the Dallas-Fort Worth area of Texas.

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Poll

SSN News Poll October 2018

Every Thursday at 12:30 p.m. Eastern, Security Systems News hosts its webinar series “Leadership Talks.” SSN gets the chance to talk about a range of leadership tactics and styles from prominent figures throughout the physical security industry. How does your security company define leadership?