ADT now accounts for half of the residential alarm monitoring services market in North America following Broadview Security acquisition 
(20/01/2010)
Tyco International has announced it will acquire Broadview Security in a deal worth $1.9 billion. IMS Research estimates that Tyco International, and its security business ADT, will now account for over half of the residential alarm monitoring services market in North America.
“In a move that combines the top two suppliers of residential alarm monitoring services in North America, Tyco International plans to integrate Broadview Security with its security systems integration and alarm monitoring business ADT.” comments market analyst Niall Jenkins. Furthermore, IMS Research estimates that ADT will command a market share more than ten times the size of its nearest competitor in the North American market.
IMS Research is currently working on an update to the “North American Market for Remote Monitoring Services”. This report will cover the alarm monitoring, remote video monitoring and PERS (Personal Emergency Response Systems) markets in North America. The report will also cover South & Central America.
Related topics: Intrusion detection Security Companies
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