IRVINE, Calif. October 28 2023– SkyBell Technologies, a video doorbell and smart home security solutions provider, announced a successful outcome in its recent patent infringement lawsuit against Vivint. According to a release from the company, on Monday, Oct. 23, 2023, a federal jury in the Sherman Division of the Eastern District of Texas rendered its […]
Chicago IL October 3 2023 GTCR, a leading private equity firm, announced today that it has closed the acquisition of ADT’s commercial security, fire and life safety security business (the “Company”) from ADT Inc. (“ADT”, NYSE: ADT). Moving forward as a standalone organization, ADT Commercial will rebrand as Everon. GTCR will partner with former Protection1 executives […]
Vallejo CA August 11 2023 Vallejo police say they are proposing to not respond to certain house alarm calls due to the department’s limited staffing. In addition, they say about 98 percent of house calls end up not being a real emergency. Police will continue to respond to manually activated panic alarms and silent robbery […]
ROCHESTER, N.Y. August 9 2023 A security company is being accused of soliciting across the Town of Gates. According to the Gates Police Department, Vivint Security went all over town in an attempt to sell their security systems, with residents reporting the salespeople and their “tactics” to the police. Police also said that Vivint does not […]
Lynnwood WA April 7 2023 Right after the shops at Alderwood Mall closed Sunday night, Lynnwood Police say burglars came to the sprawling complex with one target in mind: the Apple Store. However, to avoid setting off the store’s security system, the burglars broke into a neighboring business, Seattle Coffee Gear. The coffee appliance shop’s owner […]
Charlotte NC Feb 19 2023 A home security company must pay $140 million to its competitor after a jury ruled it used deceitful sales tactics. CPI Security sued Vivint, a smart home company. CPI alleged Vivint employees posed as CPI employees by making some of the following false claims: Vivint representatives presented themselves as being affiliated […]
NEWARK, Del, Jan. 21, 2023 The fire alarm systems market size is projected to be valued at US$ 24.1 billion in 2023 and is expected to rise to US$ 40.6 billion by 2033. The sales of fire alarm systems are anticipated to record a CAGR of 5.3% during the forecast period. Fire detection and alarm systems […]
New York Jan 12 2023 After intimating that it would seek legal action in its third quarter earnings statement, Alarm.com (NASDAQ:ALRM) has followed through by formally filing a patent infringement lawsuit against Vivint (NYSE:VVNT) last week. In a civil action (Case No. 2:23-cv-00004) filed on Wednesday, Jan. 4, 2023, in the U.S. District Court for […]
STOCKHOLM and NEW BRITAIN, Conn. July 28 2022—Securitas today announced it has completed the acquisition of STANLEY Security and Healthcare for $3.2 billion in cash. On Dec. 8, 2021, Securitas announced it had signed an agreement to acquire the Electronic Security Solutions business from Stanley Black & Decker Inc. Following customary regulatory approvals, the acquisition […]
PHOENIX AZ March 15, 2022— A Utah-based home security company accused of making false representations to its consumers in Arizona has agreed to pay $400,000 under a consent judgement, state officials announced Friday. Vivint, which allegedly made false claims mainly through its door-to-door salespeople, would pay $75,000 in restitution as part of the consent judgement […]