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The new acquisition is aimed at expanding the company’s commercial portfolio with a focus on leveraging technology to support commercial and enterprise-level organizations and to deliver superior service to the customers.

In January 2019, ADT announced its complete acquisition of Advanced Cabling Systems, a security integration company, which will be joined with ADT’s previously acquired Red Hawk Fire & Security.

The new service boasts the ability to monitor the security, location, and diagnostics of the user’s car from anywhere.

In March 2019, Vivint Smart Home, a key player in electronic alarms market, announced the launch of ‘Vivint Car Guard’ an innovative service to allow homeowners to monitor the security of home as well as car with a single app.According to the company, the new campaign will encourage its customers to support DOE’s research efforts in building-to-grid integration and advanced sensing and controls. Department of Energy (DOE) to launch an innovative ‘Building Data Donation’ campaign. In April 2019, Johnson Controls partnered with National Renewable Energy Laboratories (NREL) of the U.S.Through the acquisition, the company plans to improve its protective service offering in the market, which will enhance service delivery and innovative solution to the clients. In April 2019, Securitas, one of the leading players in electronic alarms market, acquired ‘Staysafe’ an Australian-based alarm monitoring company, to strengthen its client value proposition in the security market of Australia.Electronic Alarms Market – Notable Developments An increase in home automation, especially in smart cities, along with surging demand for smart alarm systems to make buildings safe for tenants, employees, customers, and other had led to the development of electronic alarms market. In addition, the electronic alarms are broadly utilized within corporate work places, shopping centers, commercial places, and others. These alarms are designed for fire indication and to detect intrusion or unauthorized entry into buildings or other areas. Moreover, growing adoption of electronic systems or equipment that could perform security operations to keep homes and business safe has been largely influencing the demand for electronic alarms. Electronic alarms are emerging as beneficial and reliable options in the security space for both residences and businesses. Alarm systems for a wide array of applications have been undergoing significant transformations in the recent years, on the account of technological advancements as well as varying consumer needs.