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In April 2018, ADT acquired Aronson Security Group Inc. and Acme Security Systems as part of its commercial expansion plans. [21] In October 2019, Telus Corporation purchased all of ADT's Canadian assets for $700 million. [22] By September 2020, Telus had renamed ADT's Canadian operations to Telus SmartHome Security. [23]
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In November 2013, Ring was founded as Doorbot by Jamie Siminoff. Doorbot was crowdfunded via Christie Street, and raised US$ 364,000, more than the $250,000 requested. [1] [4] [5] Siminoff's team envisioned the product's concept as an "alarm system literally turned inside out" in comparison to other security systems, describing it as a "pre-crime" system. [6]
As of 2015, it was the second largest security alarm monitoring company in the United States, behind ADT. [5] In 2013, MONI purchased Security Networks, a network of about 225 security dealers, for $507 million to diversify its service offerings and enter into the developing and complementary DIY home service category. [6]
To learn more about ADT and to receive a free in-home security assessment for an automation solution customized to your lifestyle, please visit www.adt.com or call 1-800-ADT-ASAP. About ADT
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