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ADI Global Distribution
ADI Global Distribution is a wholesale distributor of security, pro-AV and low-voltage products for contractors, installers, and resellers. The company has over 190 locations throughout North America, Puerto Rico, Europe, the Middle East, and Africa. ADI's inventory includes products such as video surveillance, building access control, home intrusion, fire safety, and alarm systems as well as professional and residential audio/video (AV) equipment such as commercial speakers and video displays, networking equipment, data communications solutions, tools, wire, cabling, and more. ADI headquarters are located in Melville, New York. ADI became a division of Ademco Inc., a subsidiary of the Honeywell Corporate spin-off, spin-off Resideo Technologies, Inc. in 2018. History In 1929, New York-based hardware store owner Maurice Coleman founded the Alarm Device Manufacturing Company, or ADEMCO, to build custom alarm systems for local businesses. In 1960, the company went public. In 196 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
