The platform will allow Allied Universal to offer Immix Command Center as a Software-as-a-Service (SaaS) model via its security operations center (SOC) to private command center customers.
Newly created Communications Electronics Systems will provide full-service security integration services to commercial and government end customers.
During its fourth quarter, Alarm.com expanded its energy management portfolio with release of a new smart thermostat with advanced capabilities for energy efficiency and proactive detection.
The security industry aims to strengthen safeguards in the Telecommunications Act of 1996, enshrined in section 275, to buttress against potential anti-competitive practices.
Alarm.com reported quarterly SaaS and license revenue of $61.9 million, an increase of 39% compared to the prior year.
Alarm.com reported revenue increased 33% to $86 million for the second quarter of 2017 compared to $64.4 million for the same period the year prior.
In North America, the SaaS market is expected to garner $8 billion in revenues by the end of the forecast period.
Managing installed access control and video surveillance systems on a subscription basis is a highly promising path to generating more RMR.
Site Sentry provides remote live-viewing capabilities to assist faster response times.
CrowdStrike, a cybersecurity firm, has received $100 million in Series C funding from Google Capital, Web-hosting services firm Rackspace, Accel Partners and Warburg Pincus.