Re: ADT-Broadview reaction

[mleuck <m.leuck@xxxxxxxxx>]

On Jan 29, 7:07=A0am, nick markowitz <nmarkow...@xxxxxxxxx> wrote:
> On Jan 28, 7:13=A0pm, Jim Rojas <jro...@xxxxxxxxxxxx> wrote:
>
>
>
> > Industry Reaction Rolls in on ADT/Broadview Deal
>
> > By Kevin Campbell at SDM Magazine
>
> > It's not that often, especially given the current economic climate,
> > that two major national players in an industry get together through
> > acquisition. Yet, as it was widely reported last week, that's exactly
> > what happened in the security industry as number one ADT acquired numbe=
r
> > two Broadview Security for $2 billion.
>
> > Now that the dust has settled and folks have had some time to reflect o=
n
> > the deal, the reaction to last week's announcement seems to be a
> > positive, if not surprised, one. How the two biggest national players i=
n
> > the industry kept their big deal a big secret we may never know. But
> > what some of the experts SDM has spoken with have said is that, in the
> > grand scheme, it's good for the industry.
>
> > "We've seen periods or cycles of consolidation in the industry over the
> > years, and both then and now I think what it really does is reinforce
> > the value of RMR with the investment community that watches our space,"
> > says Jim Callahan, chief operating officer of Ackerman Security Systems=
,
> > Atlanta. "The result is that the industry has always gotten stronger. S=
o
> > we certainly see nothing negative; only positives coming from it."
>
> > Others view the deal from a competitive standpoint. Fewer competitors
> > can mean more business for other dealers. But other benefits come along
> > with it, too.
>
> > "For the rest of the industry, it's good. It's just one less competitor
> > out there, and a big one," says Bob Bonifas, CEO and chairman of the
> > board of Aurora, Ill.-based Alarm Detection Systems Inc. A big one,
> > indeed. And that may become a factor for many security customers, says
> > Lessing Gold, a partner with the legal firm Mitchell Silberberg & Knupp
> > LLP and SDM's legal columnist.
>
> I come now not to praise Broadview but to bury it.
> who did not see this coming. thats the name of the game now get so big
> then sell to tyco.

I bet if they were still called Brinks they wouldn't now be owned by
Tyco