All Articles Tagged Brinks Home Security

Julie Jacobson | 01/19 07:22 AM, 1 Comment

Tyco International Ltd., owner of ADT, has acquired competitor Brink's Home Security for $2 billion in cash and stock. Tyco intends to combine the two businesses under the ADT name, the company said in a statement. Brink’s, which now operates as Broadview Security, has more than 1.3 million recurring revenue accounts throughout North America with annualized revenue of approximately $565 million. ADT has more than 7.4 million recurring revenue accounts globally and generated revenue of $7 billion in fiscal 2009. ADT's North American residential and small business operation, which is… View this story