The program distinguishes those manufacturers and vendors whose electronic security solutions have been proven in the field.
Resideo says the technology complements the company’s portfolio of connected thermostats, such as the Honeywell Home T-Series smart thermostats.
The CEOs say the merger will create a one-stop shop for professionally installed home automation, A/V, networking and other home technologies.
Miotta SPaaS is billed as helping security dealers and communications service providers increase ARPU, plus lower operating and capital costs.
Alexa Guard works with smart home platforms by ADT and Ring to arm/disarm systems, control lighting, receive fire/life-safety alerts and more.
More and more senior citizens are becoming tech savvy, creating greater opportunity for security integrators with customers that want to age in place.
The security segment demonstrated strong growth, led by the launch of Resideo’s next generation smart home residential platform.
The security solution offers smart intrusion, video systems, access control and commercial automation in a single mobile app experience.
SnapAV will acquire Control4 in an all-cash transaction for $23.91 per share in cash, representing an aggregate value of approximately $680 million.
Higher operating income, lower interest expense and higher income tax benefit also contributed to the improvement in net loss.