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ADI Global history
ADI Global company history timeline
In 1987 American Machinist and 33 Metal Producing also were acquired, along with Electronics, Electronic Design, Electronic Design International, and Microwaves & RF. Penton also developed successful magazines such as Computer Aided Design and Foodservice Distributor internally.
Pittway formed Ademco Distribution Inc. in 1988 to better distribute its security products.
Led by King Harris, Neison Harris's son, Pittway and Standard Shares merged in November 1989 to consolidate operations under the name of Pittway Corporation.
In 1991 Pittway sold Bielsteiner to the Pfeiffer Group.
In 1992 the company sold BRK Electronics and its consumer products, smoke detector, and fire extinguisher subdivision, First Alert, for $92.5 million to the division's management.
1996: Penton Publishing is spun off as an independent company.
By 1997, AptarGroup's sales had soared to more than $650 million.
The new business' sales exceeded $240 million in 1998 alone.
1998: The first meeting of the 10/66 Dementia Research Group, initiated by Prof Martin Prince, took place during ADI’s conference in India.
Of course, this industry had remained at the core of its business plan throughout the decade, and its alarm division had grown rapidly in its own right during that time. As a result of this protracted restructuring process, Pittway emerged in 1998 as a company focused exclusively on alarm system manufacture and distribution.
Pittway's success made it an attractive takeover target. (It had long been speculated that security giant Tyco International would launch a hostile bid for the company.) In December 1999, Honeywell, a leader in the technology and manufacturing sectors, made a tender bid for Pittway's shares.
This was when Honeywell finally began to thrive as a security company, and the company has been a leader in the industry ever since. It wasn't until 2000 when Honeywell acquired Pittway and its subsidiary of Ademco for $2.2 billion.
2005: The 10/66 group, spearheaded by Cleusa Ferri, published in The Lancet, on the global prevalence of dementia.
2009: The World Alzheimer Report on the global impact of dementia was published, the first comprehensive global review on dementia.
2012: WHO published the report ‘Dementia: a public health priority’ in collaboration with ADI. The report provided an overview of the impact of dementia worldwide and highlighted the commitment of the WHO to making dementia a global health priority.
2017: The WHO ‘Global action plan on the public health response to dementia’ was adopted by member states.
2018: The first publication of ‘From plan to impact’, an instrument for civil society to monitor advancements towards the goals of the Global action plan as felt by people with dementia, care partners and Alzheimer associations.
These led to further webinars for member associations, with a shift in 2020 to topics of COVID-19 and dementia.
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ADI Global competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Biomedix | 1997 | $5.4M | 20 | - |
| ServiceSource | 1999 | $195.7M | 2,900 | 81 |
| Purple Wave, Inc. | 2000 | $1.1M | 20 | - |
| Astro Business Solutions | - | $56.0M | 50 | - |
| Southway Ford | - | $9.6M | 100 | - |
| Gator Chrysler Dodge Jeep | - | $390,000 | 5 | 16 |
| Servicemagic | - | $95.9M | 200 | - |
| Local Splash | 2004 | $5.9M | 81 | 4 |
| Activate | 1998 | $6.4M | 50 | 106 |
| MX | 2010 | $49.9M | 900 | 26 |
ADI Global history FAQs
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ADI Global may also be known as or be related to ADI Global, Ademco Distribution Inc and Ademco Distribution, Inc.