Apollo to Reportedly Take ADT Public for $15B in 2018
The WSJ is reporting that ADT could register for the IPO in the fall and go public at the end of 2018.
The WSJ is reporting that ADT could register for the IPO in the fall and go public at the end of 2018.
The updated Pulse mobile app includes a customizable dashboard and improved app performance.
ADT sees security systems adapting to the smart home world through voice activation, wearables, IP cameras, one-button panics, roadside assistance and distracted driving alerts.
ADT Pulse customers also now have the option to disarm their home security system through Amazon Alexa voice command and a secure PIN.
Announced at ISC West, ADT Pulse automation and security system surpasses its 2 millionth customer. Pulse 8.0 revamped design due out this spring.
The smart home services platform provider reported its adjusted EBITDA jumped 47% year over year to $14.3 million.
Despite the combined operations, IHS Market forecasts low penetration and fast growth means opportunity remains for other competitors.
ADT customers will be able to integrate home automation skills with Amazon Alexa to arm and disarm their home security system through simple voice commands.
The Ring doorbell can be incorporated into customers’ ADT Pulse security system.
The announcement follows an initial rollout in July in Atlanta, Chicago, Denver and Miami.
This session will help integrators better understand the needs and market demands of their retail customers.
This next installment of the SSI Industry Hall of Fame Webcast Series features Jim Henry, executive vice president of corporate development for Securitas Electronic Security.
