ADT Debuts as Independent, Public Company

The ADT Corp. returned today to the public equity markets as an independent company after completing its spinoff from Tyco International Ltd. Founded nearly 140 years ago, ADT begins its next chapter as one of the most well-known and trusted brands in the security industry, with $3.1 billion in 2011 annual revenue and 6.4 million customers. Its shares are listed on the New York Stock Exchange under the ticker symbol ADT and it is a constituent of the S&P 500 index.

“The launch of ADT as an independent company is a great moment for our employees, and it marks an exciting milestone in our proud history,” said ADT CEO Naren Gursahaney. “ADT leads the security industry because of our commitment to customer service, focus on innovation and continued investment in our infrastructure and our people. But what really differentiates us is that we never forget what we do for a living – we help save lives.”

With nearly 16,000 employees in 200 locations, ADT maintains the largest sales, installation and service field force of all security providers. The company’s six fully redundant alarm monitoring centers comprise the industry’s most robust monitoring network. ADT serves one-fourth of the North American residential and small-business monitored security market, fully six times the size of its closest competitor.

The North American market for residential- and small-business-monitored security exceeds $12.5 billion in annual sales, up from $11.3 billion six years ago, according to ADT research and analyses of industry data. In addition, just one-in-five U.S. households possess a monitored security system today, leaving significant scope for ADT to expand in the overall market. ADT will use its spinoff from Tyco as an opportunity to pursue a unique growth strategy as a pure-play security company, focused on capturing additional market share through an expanded portfolio of offerings.

ADT’s broad range of products and advanced service offerings meet a range of customer needs for today’s lifestyles. They comprise:

Residential Security: The core of ADT’s business, providing customers with burglar, fire, carbon dioxide and other essential alarm monitoring.

Small Business: An important and growing market where ADT has tailored its best technology and services from other areas to provide a full range of intrusion detection, monitoring and surveillance and other essential services.

ADT Pulse: A pioneering technology that lets residential and business customers access information and control their security systems remotely. Pulse delivers functions that record and view live video and text messages at a trigger event. When ADT launched Pulse in 2010, it was the first security company to offer a mass-market home automation system nationwide. Today, more than 1-in-3 home security units that ADT sells is a Pulse system.

Home Health: ADT’s Personal Emergency Response System (PERS) provides customers with solutions that help sustain independent living by providing security and safety in the case of a fall or unexpected medical emergency. Driven by demographic trends and lifestyle changes, this is a growing market segment.

“As an independent company, we will invest for growth by uncovering new revenue streams and building our product portfolio through innovations and partnerships, including extensions to the ADT Pulse platform,” said Gursahaney. “I see a bright future ahead.”

In addition to CEO Gursahaney, ADT’s management team comprises eight executives from its existing talent, experts from Tyco, and best-in-class leaders from outside the organization. The senior leadership team includes Kathryn Mikells, chief financial officer; David Bleisch, chief legal officer; Don Boerema, chief corporate development officer; Mark Edoff, senior vice president, business operations optimization; Anita Graham, chief human resources and administrative officer; Stephen Gribbon, senior vice president, sales; Shawn Lucht, senior vice president, operations; and Tony Wells, chief marketing and customer officer.

Featured

  • Survey: 54% of Organizations Cite Technical Debt as Top Hurdle to Identity System Modernization

    Modernizing identity systems is proving difficult for organizations due to two key challenges: decades of accumulated Identity and Access Management (IAM) technical debt and the complexity of managing access across multiple identity providers (IDPs). These findings come from the new Strata Identity-commissioned report, State of Multi-Cloud Identity: Insights and Trends for 2025. The report, based on survey data from the Cloud Security Alliance (CSA), highlights trends and challenges in securing cloud environments. The CSA is the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment. Read Now

  • Study: Only 35 Percent of Companies Include Cybersecurity Teams When Implementing AI

    Only 35 percent of cybersecurity professionals or teams are involved in the development of policy governing the use of AI technology in their enterprise, and nearly half (45 percent) report no involvement in the development, onboarding, or implementation of AI solutions, according to the recently released 2024 State of Cybersecurity survey report from ISACA, a global professional association advancing trust in technology. Read Now

  • New Report Series Highlights E-Commerce Threats, Fraud Against Retailers

    Trustwave, a cybersecurity and managed security services provider, recently released a series of reports detailing the threats facing the retail sector, marking the second year of its ongoing research into these critical security issues. Read Now

  • Stay Secure in 2024: Updated Cybersecurity Tips for the Office and at Home

    Cyber criminals get more inventive every year. Cybersecurity threats continue to evolve and are a moving target for business owners in 2024. Companies large and small need to employ cybersecurity best practices throughout their organization. That includes security integrators, manufacturers, and end users. Read Now

Featured Cybersecurity

Webinars

New Products

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises. 3

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions. 3

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.” 3