Security Systems News

APR 2016

Security Systems News is a monthly business newspaper that reaches 25,100 security installers, product distributors, central stations, engineers & architects, and security consultants. Our editorial coverage focuses on breaking news in all major se

Issue link: http://ssn.epubxp.com/i/657862

Contents of this Issue

Navigation

Page 16 of 60

www.securitysystemsnews.com April 2016 SECUriTY SYSTEMS NEWS news 14 Companies will be able to increase their brand recog- nition according to McA- mis. "A merger of this size is good for our industry. It eliminates one more large name in the marketplace and broadens the ability of our brand to reach con- sumers that don't want to be under the ADT banner." "I also think fewer big name competitors causes the consumer to shop 'deep- er' and more local into the available service providers, so that's good as well," Rob Driscoll, general manager, monitoring ser vices at Koorsen Fire & Security, wrote in. The ADT deal is bad for one-third of respondents. "These merges will make these companies fnancially driven," said one respon- dent. "Monopolies always cause trouble," said another reader. End users suffer from deals like these, according to one respondent. "Con- solidation is never good for the end user ... it create less competition." Twenty-six percent said they have other things to worry about. "The Johnson Controls merger is more dangerous [than ADT's pur- chase and merger]," com- mented one reader. Driscoll said each deal is different. "When ADT bought Brinks, that was not so good because Brinks had the best reputation for customer service and qual- ity, so losing that (or at least diluting it) was not good for the industry. However, P1 is another excellent quality player, so I think this poten- tially has an upside for the industry." Everett Howard, owner and CEO at Howard Sys- tems, shared a similar thought. "This will devalue the security market both in value and quality. We feel and have seen over the years that this type of merger causes the company to blan- ket the market with cheap installs. Cheap installs are low quality product and install. … This hurts small integrators in the beginning and if they can survive this burst, [they] will thrive." One reader pointed to a fnancial impact of the deal, "ADT's valuation will affect multiples/valuation across the industry." SSN Continued from page 6 poll POUGHKEEPSIE, N.Y.—Employees of Vector Security, a provider of intelligent security and home automation solutions, lent a helping hand when relocation caused the Kingston, N.Y.-based Rip Van Winkle Council of the Boys Scouts of America to urgently need a new fre and security system. The volunteers, led by David Atkins, Sr. Service Technician for Vector Security and Assistant Scout Master for the coun- cil, donated their time on a Saturday to install the system and make sure the offce would be up and running. Pictured here are (back row, left to right): John Morrison, Stephen Leslie, Jeff Bernard; (front row, left to right): Bryan Plog, David Akins, Shari Velez, John Dale, Darren Freer. Vector Security supports local Boy Scouts

Articles in this issue

Links on this page

Archives of this issue

view archives of Security Systems News - APR 2016