Imperial Capital Issues Upbeat Equity Report for Resideo Technologies
Resideo management intends to invest $90 million toward new product and software launches, along with scaling its smart home and security platform.
Resideo management intends to invest $90 million toward new product and software launches, along with scaling its smart home and security platform.
Resideo plans to broaden its products and solutions segment into new and complementary verticals through new products, technology and business additions.
In mid-December, Resideo unveiled plans for a new HQ in Austin, Texas. A customer experience center will showcase smart home products and technologies.
Volutone adds seven branch locations — six in California and one in Las Vegas — to SnapAV’s four locations in the Midwest.
Products from Resideo will go to market under the Honeywell Home brand, while ADI will remain a standalone distribution business of Resideo’s portfolio.
Representatives from wholesale distributors dish on the hottest products and opportunities, market challenges, relationship building and how their companies more effectively help their customers. A distributor directory is also included.
Home and Building Technologies sales rose 2%, driven by demand for residential thermal solutions and thermostats, and continued strength in ADI’s global business.
Each year, ADI recognizes key suppliers across North America for their support and contributions toward the growth and success of the company.
Honeywell says it is committing large investments in R&D in order to bring hardware and software to market faster than it ever has previously in the security and smart home channels.
Honeywell’s Home and Global Distribution business will include home and building security systems, connected home portfolio and life-safety products among others.