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Read: Why Did SnapAV’s Parent Company Acquire SimpliSafe?

Why Did SnapAV’s Parent Company Acquire SimpliSafe?

Home automation guru Julie Jacobson reviews synergies within private equity firm Hellman & Friedman’s portfolio after its acquisition of a controlling stake in DIY security provider SimpliSafe.

Read: SimpliSafe Strikes Deal to Sell Controlling Interest to Hellman & Friedman

SimpliSafe Strikes Deal to Sell Controlling Interest to Hellman & Friedman

Although terms of the transaction were not disclosed, the agreement reportedly values SimpliSafe, with two million customers, at about $1 billion.

Read: 3 in 4 Resi Security Installs Included Smart Home Controls in 2017, Report Says

3 in 4 Resi Security Installs Included Smart Home Controls in 2017, Report Says

Smart home market insights will be explored during the annual CONNECTIONS conference, hosted by Parks Associates, May 22-24 in San Francisco.

Read: SimpliSafe Unveils Integration With August Smart Lock at ISC West 2018

SimpliSafe Unveils Integration With August Smart Lock at ISC West 2018

The SimpliSafe and August Smart Lock integration will be available in May 2018 to all SimpliSafe customers subscribed to its interactive professional alarm monitoring plan.

Read: Nest Unveils a Home Security System for $499; MONI to Provide Optional Monitoring

Nest Unveils a Home Security System for $499; MONI to Provide Optional Monitoring

The system is intended to compete with the likes of ADT, Vivint and DIY providers such as Abode, Scout, SimpliSafe and others.

Read: SimpliSafe DIY Security System Investigation Yields Disturbing Results

SimpliSafe DIY Security System Investigation Yields Disturbing Results

DIY home security systems provider SimpliSafe has quickly amassed a large customer base. However, an independent forensic analysis shoots holes in the company’s model, claims and technology.

Read: SimpliSafe DIY Home Security System ‘Inherently Insecure’ and Prone to Hacking, Report Finds

SimpliSafe DIY Home Security System ‘Inherently Insecure’ and Prone to Hacking, Report Finds

IOActive was able to infiltrate and disarm the security system, as well as listen in on radio traffic.

Read: SimpliSafe Selects Telit Modules to Enable Cellular Connectivity

SimpliSafe Selects Telit Modules to Enable Cellular Connectivity

DIY specialist offers fully featured wireless security on CDMA and GSM networks with low-cost modules by Telit.

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