Following the recent announcement that Apollo Global Management has signed definite agreements to acquire both Protection 1 and ASG Security, Protection 1 acquired Cam Connections Inc. Under this new arrangement, Protection 1 will serve as the platform on which Apollo will enter the security market, and CCI will further complement the company’s offerings.
Speco Technologies developed this NSF NVR for applications that need total control of the cameras’ power while also utilizing the benefits of a private network.
Alarm.com announced enhancements to its Partner Services Platform to give its dealer partners more tools to help them grow, support and manage their smart home security businesses.
Due to a recent UL update, SecureCom Wireless Data Rate Plan 410 has been updated to include UL Primary Fire. Plan 410 can be used for UL Primary Fire, 60-min. check-in and O/C reports up to eight areas; and Plan 416 can be used for UL Primary Fire, with 5-min. check-in and O/C reports up to eight areas.
Most of the largest security dealers in the industry confirm they were on solid footing in 2014, and their 3.8 percent aggregate growth in RMR proves it. But for many dealers, new competitors are too close for comfort.
An interesting question asked by clients in regard to contracts is, “Can I limit the time in which the subscriber has to file a claim against the company, notwithstanding the fact that the statutory state of limitations may provide a longer time?” A form of the abovementioned question came before the United States District Court for the Southern District of Indiana.
Roughly 10,000 Baby Boomers are turning 65 every day, and will continue to do so for the next 14 years. Couple that with longer lifespans and you’ve got a growing customer base for a PERS business.
