SSI’s Top 10 Business Management News Items
As 2011 draws to an end, SECURITY SALES & INTEGRATION encourages readers to reflect on the many developments that have transpired in the electronic security industry during the past 12 months. To that end, the SSI staff has compiled a series of ‘Top 10’ lists based reader popularity. Following are the 10 most viewed news items on the Business Management channel on securitysales.com in 2011:
Tyco Splits ADT, Commercial Fire & Security From Flow Control Unit
[Sept. 19, 2011] Tyco Int’l will split its ADT North America residential security business, commercial fire and security division, and flow control unit into stand-alone, publicly traded entities under a reorganization plan announced Sept. 19.
APX Rebrands as Vivint, Adds Home Automation Products
[Feb. 1, 2011] APX Alarm Security Solutions Inc. announced today it has rebranded under the name Vivint. The change reflects the company’s growth from a residential security provider to include home automation services.
Tyco in the Hunt to Acquire Visonic
[June 23, 2011] Visonic Ltd., a wireless security systems provider based in Israel, says it is in talks to be acquired Tyco Int’l for $90-$105 million.
Missouri Attorney General Sues Pinnacle Security for Unethical Sales Practices
[May 5, 2011] Missouri Attorney General Chris Koster filed a lawsuit against Pinnacle Security this week, claiming the company engaged in unethical door-to-door sales practices.
Stanley Seeks to Purchase Niscayah for $1.2B
[June 28, 2011] As it strives to expand globally, Stanley Black & Decker placed a $1.2 billion cash bid for systems integrator Niscayah.
Arizona Lawmakers to Consider Statewide Alarm License Bill
[Feb. 17, 2011] A bill pending in the Arizona legislature would allow installing security contractors to operate with a single statewide license, reversing the current policy that requires alarm companies to be licensed in individual cities.
Repositioning Sparks 240% Business Growth for N.C. Integrator
[Feb. 1, 2011] For a business to increase growth rate by 240 percent in a turbulent economy is no easy feat. Yet that’s exactly what Intelligent Access Systems (IAS) did in a three-year span. As a result, the National Systems Contractors Association (NSCA) awarded the company with the 2011 Excellence in Business award for growth strategies.
Protection 1 on Track to Build $100M National Accounts Business
[Feb. 24, 2011] With a goal of growing its national accounts business to more than $100 million in three years, Protection 1 has purchased a portion of Sting Alarm’s national accounts client base.
Custom Alarm’s False Dispatch Efforts Earn PDQ Award
[June 7, 2011] The Security Industry Alarm Coalition (SIAC) and the False Alarm Reduction Association (FARA) named Custom Alarm of Rochester, Minn., as the 2010 Police Dispatch Quality (PDQ) Award winner.
Power Home Technologies Expands Brand, Joins Monitronics’ Program
[March 29, 2011] In an effort to pursue its own brand identity, Power Home Technologies (PHT) has opted to move to Monitronics International’s dealer program.
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