ADT, SDM's 2017 Dealer of the Year, settled its lawsuit against Vivint Inc. ADT alleged the Utah-based company used deceptive sales practices to mislead ADT customers into signing long-term contracts.
Kastle Systems International, a provider of managed security solutions and services and ranked No. 9 on SDM’s Top Systems Integrators Report, acquired Urban Alarm, a local D.C.-based security provider.
Backed by Apollo Global Management, ADT, No. 1 on the SDM 100 and SDM’s 2017 Dealer of the Year, filed for an initial public offering on Dec. 21, 2017.
Nortek Security & Control LLC (NSC) and Core Brands LLC merged. The combined company, now operating as NSC, is headed by President Mike O’Neal and remains dedicated to developing and manufacturing control, security, access, entertainment and personal digital health solutions, the company described.
Gryphon Investors, a San Francisco-based private equity firm, made a majority investment in St. Louis-based Potter Electric Signal Company LLC, a provider of mission critical products to the fire safety industry.
B Safe Inc., a regional provider of security and fire alarms to Delaware, Maryland, New Jersey and Pennsylvania, acquired substantially all the assets of Quantum Security Systems Inc. in Princeton, N.J.
Monroeville is the first municipality in the Pittsburgh area to implement Automated Secure Alarm Protocol (ASAP), a technology designed to automate communication between alarm monitoring central stations and public safety dispatch/911 centers.
In its first month patrolling San Francisco’s Mission District, K-9, a 5-ft. tall, 400-lb. autonomous security robot, despite suffering abuse and seeming to contribute to a crime reduction in the area, was pulled off duty for allegations of targeting the homeless, according to The Washington Post.
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