Nortek released its financial report for the second quarter of fiscal 2016, showing a drop in net sales.
SSI Staff · August 08, 2016
Nortek was acquired for $2.8 billion by Melrose Industries on Wednesday.
SSI Staff · July 06, 2016
Dynamark Security Centers announced it has been working closely with the Numera business unit of Nortek to develop a national program for their mobile personal emergency response system (mPERS), known as Libris.
SSI Staff · June 06, 2016
Nortek announces its acquisition of Nuiku, a language processing platform that analyzes and executes voice commands. The technology will be added to Nortek's home automation portfolio.
SSI Staff · May 24, 2016
Net sales increased 7.2% to $613.9 million, from $572.7 million in the first quarter of 2015.
Rodney Bosch · May 13, 2016
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) was $67.5 million, compared with $71.2 million in the fourth quarter of 2014.
SSI Staff · March 01, 2016
Nortek announced its net sales decreased 3.9%, excluding acquisitions, in this year's third quarter. Net sales were $618.5 million. Acquisitions contributed to $18.9 million in net sales.
SSI Staff · November 05, 2015
The Wall Street Journal
reported that Nortek, which owns a slate of audio, video, security and home automation brands, may be in talks to be acquired by United Technologies Corp., the conglomerate that owns Interlogix.
Julie Jacobson · August 21, 2015
Linear President Michael O’Neal announced the name change at the California Alarm Association’s winter convention in San Francisco.
Rodney Bosch · December 14, 2014
Did you know that Nortek's Linear security and home automation group has the only NASA-approved doorsets? Or that it has a crash-test dummy named Fred? I didn't.
Julie Jacobson · November 14, 2014