ROMEOVILLE, Ill.—Protection 1, which operates its own Network Operations Center, is seeing a rise in customers separating their security network in order to stay more cybersecure. Security Systems News talked with several professionals at Protection 1 about how cyberaware end users are today and the similarities and differences in cyber- and physical security solutions
Protection 1, a full-service business and home security company, recently hired Tim Kudela as branch sales manager for its Seattle office. In his new role, Kudela is responsible for managing the sales activities of the residential and commercial sales consultants in his area, including hiring and training new consultants. Kudela, who has been in the industry for 31 years, began his career as an entry-level technician and has worked his way through all levels of the business up to branch management. Security Systems News asked Kudela Five Questions.
REDWOOD CITY, Calif.—Interactive services platform provider Alarm.com and cable giant Comcast are in talks to acquire platform provider Icontrol Networks, according to several sources who spoke to Security Systems News, and published reports.
CHICAGO—Protection 1’s eSuite 2.0, the latest version of its data analytics/reporting platform for commercial customers, has a number of new features including mobile device capability.
BOCA RATON, Fla.—ADT stockholders will gather April 22 for a special meeting to vote on the proposed acquisition of ADT by Apollo Global Management. ADT announced in February that it had agreed to be acquired by Apollo for $6.9 billion. Apollo plans to merge ADT with Protection 1.
ROMEOVILLE, Ill.—Protection 1, a full-service business and home security company, has hired Ken Rosen to serve as its new VP of residential Sales, reporting to chief revenue officer Jamie Haenggi.
YARMOUTH, Maine—Industry consolidation will accelerate this year with two megamergers—the Tyco/JCI deal and the ADT/Protection 1 merger—expected to close by the end of 2016. Does this activity help or hurt the industry? Respondents to Security Systems News’ latest news poll who said massive consolidation is good just barely edged out those who said these megadeals hurt the industry. Meanwhile, another group of respondents said they have other things to worry about.
YARMOUTH, Maine—Monitoring companies have an opportunity to attract new business, new dealers and new employees in the wake of the planned ADT/Protection 1 merger, according to five leading monitoring companies who spoke to Security Systems News.
BOCA RATON, Fla.—Apollo has landed again. After years of rumors that ADT would be acquired by one entity or another, the home and business security giant today announced it has agreed to be acquired by Apollo Global Management for $6.9 billion ($42 per share). Apollo plans to combine ADT with Protection 1 and, according to an ADT news release, “will operate primarily under the ADT brand.”
