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Read: Resideo/Honeywell Face Class Action Lawsuit Over Single Data-Bus ‘Defect’ in Control Units

Resideo/Honeywell Face Class Action Lawsuit Over Single Data-Bus ‘Defect’ in Control Units

The lawsuit alleges Resideo/Honeywell knew about defects in its burglar and fire alarm system control units but continued to market and sell them.

Read: Resideo Sees Record Q2 Revenues Courtesy of Price Hikes

Resideo Sees Record Q2 Revenues Courtesy of Price Hikes

Resideo’s Products and Solutions group had record revenues of $764 million, while its ADI Global Distribution unit hit record revenues of $922 million.

Read: Resideo Shares ProSeries Platform Updates, Brilliant Smart Home System Integration

Resideo Shares ProSeries Platform Updates, Brilliant Smart Home System Integration

Announced during ISC West, the latest firmware update for Resideo’s ProSeries Platform includes dealer branding, Google Assistant integration and more.

Read: Resideo Q4 Revenue Hit Hard by Supply Struggles; 2021 Performance Still Strong

Resideo Q4 Revenue Hit Hard by Supply Struggles; 2021 Performance Still Strong

Resideo’s 2021 net revenue was $5.8 billion, up 15% from 2020. The company had an operating profit of $559 million, an increase of 80% over the year prior.

Read: Resideo Announces Acquisition of Distributor Arrow Wire & Cable

Resideo Announces Acquisition of Distributor Arrow Wire & Cable

Resideo says Arrow strengthens ADI’s portfolio in the data communications category with an assortment of copper and fiber cabling, network equipment, and more.

Read: Resideo to Acquire First Alert for $593M

Resideo to Acquire First Alert for $593M

Resideo says the acquisition of First Alert advances its strategy of expanding the company’s presence with contractors and broadening its suite of sensors for the home.

Read: Resideo Unveils New Services, Solutions and Tools at CONNECT Event

Resideo Unveils New Services, Solutions and Tools at CONNECT Event

The 32nd annual CONNECT event brought together security and HVAC companies for networking, educational sessions, community service and celebration of achievements.

Read: Resideo Hires Dana Huth as EVP, Chief Revenue Officer

Resideo Hires Dana Huth as EVP, Chief Revenue Officer

In this newly created position, Huth will help advance Resideo’s go-to-market strategy and create new revenue streams.

Read: Resideo Invests in Smart Home Provider Brilliant

Resideo Invests in Smart Home Provider Brilliant

Resideo invested in Brilliant along with Next47, Celesta Capital and several others as part of the company’s $40 million Series B financing round.

Read: Resideo Agrees to Foot $55M to Settle Class Action Litigation

Resideo Agrees to Foot $55M to Settle Class Action Litigation

The agreement will settle a pending securities class action suit arising from allegations with respect to statements and disclosures made in 2019.

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