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When you purchase the ADT Home Security System, you’re paying, first and foremost, for the name and reputation of this company that has provided security for over 140 years.
A security alarm is a system designed to detect intrusions, such as unauthorized entry, into a building or other areas, such as a home or school. Security alarms protect against burglary ( theft ) or property damage , as well as against intruders.
Some forecasts project the home security market as a whole will be worth $47 billion by 2020, [12] with the DIY home security market worth $1.5 billion. [13] While the market for home security is expanding, especially with cable TV and Internet service providers introducing their own security and home automation products, it is a fragmented ...
In 1999, Keith Nellesen and Todd Pedersen co-founded APX Alarm Security Solutions in Provo, Utah. [4] [5] At the time, the company sold and installed security systems. [4] APX Alarm Security Solutions rebranded as Vivint in February 2011. [4] [6] Vivint was acquired by The Blackstone Group in November 2012. [7]
It was reported that Broadview Security would merge into Tyco's ADT Security Services division. In 2011, Tyco acquired Visonic, a developer and manufacturer of home security alarm systems and components, for $100 million. [28] Visonic was established in 1973 by the brothers Moshe and Yaacov Kotlicki. [29]
Resideo Technologies, Inc. is an American multinational company that was formed in 2018 out of a spin-off from Honeywell.It provides room air temperature, quality, and humidity control and security systems primarily in residential dwellings in the U.S. and internationally.
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