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