Ascent Capital Group announced that its primary operating subsidiary, Monitronics International Inc., established a deal to acquire Security Networks for a total transaction price of $507.5 million.
Ridgefield Park, N.J.-based Samsung Techwin’s North American sales force rang in the new year in Memphis, Tenn., with a Kick-Off Meeting co-hosted by ScanSource, Samsung’s “Distributor of the Year.”
Vivint has had a disputed ride to its place as the No. 4 company in the industry on the SDM 100, but its bold “first adopter” attitude of new technologies is helping make security a “Best Buy” and opening new growth — and that needs to be recognized.
Security Networks, West Palm Beach, Fla., expanded its footprint into Puerto Rico partnering with Alarm Zone, doing business as Island Security. With this partnership Island Security will market and install Security Networks products and services while Security Networks will assume the monitoring and warranty service on the accounts.
