ADT Aquires DIY Home Security Provider LifeShield

ADT Inc. announced that it has acquired LifeShield, LLC, a pioneer in advanced wireless home security systems, in a transaction valued at approximately $25 million. John Owens will continue in his current capacity leading the LifeShield team.

Founded in 2004, LifeShield was the first to bring a wireless DIY home security offering to the residential market. Over the past 15 years, LifeShield has further redefined residential home security, improving interactivity, advancing video capabilities and enhancing the overall user experience.

The addition of LifeShield’s innovative technology to ADT’s leading security and automation solutions and expertise increases ADT’s ability to address the approximately 80 percent of U.S. households who do not have professionally installed and monitored home security.

“As more consumers look for real protection solutions that only ADT can provide, we look for companies that share our passion for security, customer service, and innovation,” said ADT President and CEO Jim DeVries. “We are confident that LifeShield’s capabilities and approach, combined with the brand and scale of ADT, will create an opportunity for us to offer our services to a broader cross-section of U.S. households. Together with LifeShield we will be positioned to offer more solutions to a broader base of customers and create increased value for our shareholders as we seek to grow profitability through expanded, yet focused offerings.”

“This combination unites the passion and commitment of two organizations that are focused on security,” said Mike Hagan, LifeShield Chairman, who will continue as an advisor. “Leveraging ADT’s significant experience integrating products, we look forward to working together to ensure a seamless transition and capitalize on the attractive market opportunities in the DIY segment. Together we will continue to advance our strategy to deliver the best security solutions to our customers at every stage of their lives.”

Featured

  • Enforcing Zero Trust in a Hybrid Work Environment

    Enforcing Zero Trust in a Hybrid Work Environment

    The effects of the pandemic have rippled across the business world like a meteor hitting a pond, creating a new plethora of challenges that incorporated into MBA curriculum for years to come. Read Now

  • First Responders Give NIST Their Communications Tech Wish Lists

    First Responders Give NIST Their Communications Tech Wish Lists

    Our first responders have spoken. An extensive research project conducted by experts at the National Institute of Standards and Technology (NIST) reveals what our country’s police, fire, emergency medical and 911 dispatch responders think about the communications technology they use on a regular basis and how they would like developers to improve it in the future. Read Now

  • Study Finds U.S. Enterprises Hit by Short-staffed Security Operations Centers

    Study Finds U.S. Enterprises Hit by Short-staffed Security Operations Centers

    ManageEngine, the enterprise IT management division of Zoho Corporation, recently announced results from its new study, Cloud Security Outlook 2023. The study found that enterprises have a limited number of analysts running their security operations centers (SOCs) and are deploying multiple tools in an attempt to address their cloud security challenges. Read Now

  • Report: More Than Half of Organizations Have Experienced an Insider Threat in the Past Year

    Report: More Than Half of Organizations Have Experienced an Insider Threat in the Past Year

    Gurucul, a provider of solutions in the Next Generation SIEM market, and Cybersecurity Insiders, a 600,000+ member online community for information security professionals, recently released its annual 2023 Insider Threat Report. Overall, results indicate insider threats are a top concern at organizations of all kinds; only 3% of respondents surveyed are not concerned with insider risk. Read Now

Featured Cybersecurity

New Products

  • PDK IO Access Control Software

    PDK.IO Access Control Software

    ProdataKey now allows for "custom fields" within the interface of its pdk.io software. Custom fields increase PDK's solutions' overall functionality by allowing administrators to include a wide range of pertinent data associated with each user. 3

  • ComNet CNGE6FX2TX4PoE

    The ComNet cost-efficient CNGE6FX2TX4PoE is a six-port switch that offers four Gbps TX ports that support the IEEE802.3at standard and provide up to 30 watts of PoE to PDs. It also has a dedicated FX/TX combination port as well as a single FX SFP to act as an additional port or an uplink port, giving the user additional options in managing network traffic. The CNGE6FX2TX4PoE is designed for use in unconditioned environments and typically used in perimeter surveillance. 3

  • Tyco Kantech EntraPass security management software

    Tyco Kantech EntraPass security management software

    Johnson Controls, the global leader in smart, healthy and sustainable buildings, and architect of the Open Blue digital connected platforms, has released the newest version of the Tyco Kantech EntraPass security management software. 3