ADT claims former Zonoff CEO Mike Harris misappropriated home automation assets, transferring them to smart doorbell maker Ring when the IoT technology actually belonged to ADT. Ring CEO Jamie Siminoff says claims are ‘ridiculous.’
Top executives reveal what will be unleashed in 2017, and how the 143-year-old firm is pacing the industry’s most advanced new products and services.
ADT’s membership is expected to add credibility to PPVAR’s dialogue with law enforcement as the organization aligns its priorities and finds common ground on which to build standardized processes for responding to verified alarms.
Top executives Tim Whall, Jamie Haenggi and Ken Schafenberg share how the mega-brands are blending and complementing each other post-merger.
Security company prevails but had to persevere six years of uncertainty in $60 million lawsuit.
The security giant had sought reversal of its $27 million damages claim of a year ago.
ADT actively solicited alternative acquisition proposals during the 40-day period from 24 potential acquirers.
The company’s total revenue reached $900 million, up from $877 million in the first quarter of fiscal 2015.
At CES 2016, ADT unveils two open APIs: One for ADT Pulse security and home automation, another called Canopy for third-party devices that benefit from professional security monitoring.
The announcement follows an initial rollout in July in Atlanta, Chicago, Denver and Miami.