Industry Announcements

Snap One announced the company invests approximately $65M annually in R&D, with a large portion going to the 150-person software development team.

The Security Industry Alarm Coalition (SIAC) and The Monitoring Association (TMA), invite entries for the industry-sponsored “Sheriff/Private Security Partnership” award.

Securitas Technology Corporation (formerly Securitas Electronic Security, Inc.) announced the one‐year anniversary of the STANLEY Security and STANLEY Healthcare acquisition

Optimism has returned to the security industry, just in time for the run-up for fall industry events, with the Security Industry Association’s July/August Security Market Index finding that over 75% of respondents have a positive view of the industry’s current condition.

Native Smart Properties of the greater Dallas area (“Native”) recently secured a $500,000 three-year line of credit with Alarm Financial Services.

Hakimo announced a reseller partnership with international systems integrator Convergint, providing service-based systems integration. The partnership will enable Convergint to offer Hakimo’s AI-powered security solutions to its customers across the globe.

PPVAR Announced their new board positions for the upcoming 2023-2024 term. Partnership for Priority Verified Alarm Response (PPVAR), an organization established to promote the value of verification and validation of alarm events during the emergency response process, recently announced their new president and secretary for the 2023-2024 board.

After 31+ years with Napco Security Technologies, as Western VP, and later, SRVP of Sales, for all the Napco RSMs across North America, Dave Sheffey will be retiring, having handed over the reigns and team to VP, Michael Venoit, earlier this year. Dave has long been a key part of Napco Security Sales Management, an accomplished leader, industry icon and driver of Napco security sales and distribution channels.

Next-gen switches and routers with Layer 3 functionality and speeds up to 10Gbps fully maximize latest high-speed ISP services and optimize WiFi 6 and AVoIP performance.

ADT, the most trusted brand in smart home and small business security, today announced that it has entered into a definitive agreement to sell its commercial security, fire and life safety business unit to GTCR, a leading private equity firm, for a purchase price of $1.6 billion, subject to customary purchase price adjustments.