Alarm.com Posts Q4 and Full Year 2016 Results
The smart home services platform provider reported its adjusted EBITDA jumped 47% year over year to $14.3 million.
The smart home services platform provider reported its adjusted EBITDA jumped 47% year over year to $14.3 million.
Despite the combined operations, IHS Market forecasts low penetration and fast growth means opportunity remains for other competitors.
ObjectVideo was founded in 1998 by scientists and program managers from the Defense Advanced Research Projects Agency.
Find out the implications of the merger and what it means for the SHaaS (smart home as a service) landscape.
The defendants claim Honeywell defines the relevant security and home automation market too narrowly.
SSI spoke with several industry observers who commented on allegations by Honeywell that Alarm.com’s acquisition of two Icontrol divisions would result in a monopoly.
Icontrol and Alarm.com combined would control 70% of the market for interactive security and home automation.
The lock is IP56 tested and has high resistance to humidity, dust and rain.
Alarm.com has announced plans to develop autonomous, video-enabled drones for smart home and business security that will use the company’s new Insights Engine multi-sensor learning capability.
Alarm.com revenue increased 26% to $67.8 million for the third quarter, compared to $54 million for the same period in 2015.