As part of the agreement, ADT is taking a minority ownership stake in the company through a $25 million investment, leading a $50 million Series C financing for Life360.
SSI Staff · May 13, 2014
The home security/monitoring market leader joins the consortium's board of directors.
Rodney Bosch · May 05, 2014
ADT's acquisition of Canadian monitoring company Protectron brings in 400,000 residential and customer customers and $11 million in recurring monthly revenue. The firm also released its Q2 2014 earnings report, which says take rate for ADT Pulse home automation system is now 12% of all 6.4 million customers.
Jason Knott · April 30, 2014
ADT and consumer advocates want Kentucky lawmakers to delay deregulation of landline phone service in the state until after the FCC has finished experimental trials on the switch to Internet protocol-based networks.
SSI Staff · March 27, 2014
Grandview Police arrested two Security Networks salespeople for impersonating ADT representatives and misleading an elderly woman into updating her security system.
SSI Staff · March 13, 2014
ADT has settled charges made by the Federal Trade Commission (FTC) that the home security giant allegedly paid safety and technology experts to demonstrate and review its home monitoring system without disclosing financial agreements.
SSI Staff · March 07, 2014
Negative publicity about a lawsuit involving one of your competitors in the alarm business not only hurts that company, but damages the electronic security industry’s reputation.
Ken Kirschenbaum · March 05, 2014
Demo'd at CES 2014, ADT adds McAfee computer security, speech recognition, integration with Ford's AppLink and new "Canopy" service to Pulse security and home automation.
January 08, 2014
Why failure to properly perform extra contractual duties can give rise to a tort claim.
By Ken Kirschenbaum · December 01, 2013
Kastle Systems has acquired Mutual Central Alarm Services and Stat-Land Security Systems from ADT in a deal that expands the firm’s footprint in the greater New York metropolitan area.
Ashley Willis · November 21, 2013