ADT Buys Brinks Security

In a deal worth about $2 billion, ADT (owned by Tyco Intl) bought Brink’s Home Security which combines two of the nation’s largest home security companies.
Brink’s which operates as Broadview Security provides monitored security systems in North America, and 93 percent of its 1.3 million customers are residential.
ADT provides electronic security to more than 7.4 million residential, commercial and institutional accounts worldwide. Tyco also provides fire protection services and industrial valves and pipe products.
These are the two biggest firms on the block and must pass anti-trust regulations before the deal is approved. Hopefully customers of both services will have uninterrupted service and receive the same if better customer service.

~Hat tip to Tabatha for the heads up on this one.
photo: IntangibleArts

The following two tabs change content below.
Timothy Dahl

Timothy Dahl

Founder/EIC at Charles & Hudson
Timothy’s background includes stints at This Old House, ELLE DECOR, Metropolitan Home and Woman’s Day. His work has been published on Wired Design, Bob Vila, DIY Network, The Family Handyman and Popular Mechanics and he has been featured on the Martha Stewart radio show and as a speaker at the ALT Design Summit, K/BIS and the National Hardware Show.
Timothy Dahl

Latest posts by Timothy Dahl (see all)