ADT, Boca Raton, Fla., announced that the company will expand into the commercial security market as a result of the expiration of a prior non-compete agreement with Tyco Integrated Security, Boca Raton, Fla. The company can now provide service to businesses of any size, creating additional long-term growth opportunities, and ADT plans to expand its services due to the expansion of the size of square footage it can now access. The agreement between Tyco had kept ADT from offering services to any business over 7500 square feet. ADT Business, previously known as ADT Small Business, which delivers an expanded portfolio of solutions that meet the evolving needs of small- and mid-sized businesses, will extend its reach.
Luis Orbegoso, president of ADT Business said, “We knew when the non-compete expired we would expand our current products and services that we offer to small businesses to larger ones. It’s not a radical step for us, but it’s an important one.” He added that ADT knew when the non-compete expired it would expand, adding, “It’s an arbitrary description of a business.”