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In 1999, Keith Nellesen and Todd Pedersen co-founded APX Alarm Security Solutions in Provo, Utah. [4] [5] At the time, the company sold and installed security systems. [4] APX Alarm Security Solutions rebranded as Vivint in February 2011. [4] [6] Vivint was acquired by The Blackstone Group in November 2012. [7]
BrickHouse Security was founded by Todd Morris in 2005, in response to a market need he saw for a strong company selling home security and surveillance products, including computer security products, tracking devices and hidden cameras. BrickHouse Security launched as an online reseller with just two items for sale.
Some forecasts project the home security market as a whole will be worth $47 billion by 2020, [12] with the DIY home security market worth $1.5 billion. [13] While the market for home security is expanding, especially with cable TV and Internet service providers introducing their own security and home automation products, it is a fragmented ...
The memo, acquired by the Associated Press, included recommendations such as updating alarm systems, securing valuables in safes, using protective guard services during road trips and having dogs ...
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