Bell Canada secures Alarm Force for $166 million

MONTREAL and TORONTO – BCE Inc. announced late Monday it will acquire Canadian security company AlarmForce Industries in a transaction valued at approximately $166 million.The move will bring Bell alongside Rogers in Ontario as a five-product company (broadband, home phone, TV, wireless and home security). Rogers has offered a home security service for a number of years and the service has morphed into more of a connected-home offering for its customers. Bell already has security/smart home divisions in the east and in Manitoba, which it acquired with MTS."Bell is excited to welcome the AlarmForce team as we pursue the significant...