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Tysons’ Alarm.com buys stake in remote video monitoring company
Alarm.com has acquired a majority stake in CHeKT, a Louisiana-based cloud platform for remote video monitoring services, according to a Tuesday announcement by the Tysons home security tech company. Financial terms of the deal were not disclosed. According to Alarm.com, the acquisition strengthens its “market opportunity in the emerging professional video monitoring space.” Moving forward, [&h[...]
Federal Contractors | Technology 2023: STEPHEN TRUNDLE
Trundle has led Tysons-based home security tech company Alarm.com since May 2003. He was chief technology officer at MicroStrategy when Alarm.com was founded in 2000. MicroStrategy sold the spinoff security business to a group of investors in 2009, and Alarm.com went public in 2015. Alarm.com has since been expanding rapidly as the market for connected […]
FOR THE RECORD
CENTRAL VIRGINIA AutoZone Inc. plans to build a $185.2 million warehouse and distribution center in New Kent County, creating 352 jobs, Gov. Glenn Youngkin announced in February. The 800,000-square-foot facility will serve as the auto parts company’s East Coast distribution operation. Based in Memphis, Tennessee, AutoZone has more than 6,000 stores nationwide and reported $14.6 […]
Alarm.com to expand Fairfax HQ, create 180 jobs
Alarm.com will expand its technology research and development division at its Fairfax headquarters, investing $2.6 million and creating 180 jobs, Gov. Glenn Youngkin announced Monday. The technology company already has several hundred workers in Virginia and will create additional engineering positions within its research and development division with this expansion. “Every day companies mak[...]
