Melrose Industries to Divest Nortek Control for $285M
A source confirmed to SSI a deal for Nortek Control has been reached; however, the name of the purchaser has not been officially announced.
A source confirmed to SSI a deal for Nortek Control has been reached; however, the name of the purchaser has not been officially announced.
Free to builders, the turn-key program is deployed and supported by a nationwide network of certified dealers selling 2GIG products and Alarm.com service providers.
The deal adds Nortek brands such as Broan, NuTone, Reznor and others to Madison’s portfolio of indoor air quality solutions.
The new drivers resulted from ongoing collaboration between Nortek Control engineers and third-party integration developers.
Nortek says Kosterow’s demonstrated expertise of access control products and market trends will enable him to enrich relationships with dealers and distribution partners.
Field tested by hundreds of integrators, the new 2GIG EDGE panel offers secure face recognition touchless disarm, live-view camera compatibility and more.
Shaw has over 20 years of experience in the technology sector and has been with Nortek Control since 2017, managing ELAN Control products.
A blinded combat veteran can now easily control his environment and stay safe with an ELAN control system and a 2GIG security system.
Nortek drops the word “security” from its name to emphasize its broader market presence in connectivity and control, explains President/CEO Chris Larocca.
The new analytic was developed using a deep learning neural network and trained on many thousands of images of people wearing face masks.
This session will help integrators better understand the needs and market demands of their retail customers.
Take a closer look at all the recurring monthly revenue trends from our 2021 research
