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The new agreement is expected to improve the company’s overall profitability through a reduction in the up-front cost to acquire accounts while providing Skyline with an increased share of long-term revenues.
Brinks Home Security will take ownership of the alarm monitoring contracts through an earn out structure that includes a $10 million upfront payment and a 50-month earn out period.
The Z-Wave Alliance, a standards organization dedicated to developing and advancing the Z-Wave wireless smart home protocol, announced that ADT, a provider of security, automation and smart home solutions serving consumers and businesses, has joined the Z-Wave Alliance as a new principal member, granting them a seat on the Board of Directors.
From an entry level security system to a fully integrated smart home solution, the ProSeries Platform offers dealers that serve residential and small businesses a complete, end-to-end solution, and expands Resideo's overall portfolio of connected security solutions and services.
It may be time to rewire the contractor/project business model with services that include recurring monthly revenue (RMR) beyond monitored security and equipment maintenance and service.
After two years of bouncing around a bottom, remodeling activity is expected to pick up later this year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, Cambridge, Ma.. Why?
The housing downturn has affected not only the number of new homes that are built each year, but also the characteristics, features and size of the ones that do get built. This includes technologies in and outside the home as well as overarching concepts such as green homes.
