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.
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.
Although terms of the transaction were not disclosed, the agreement reportedly values SimpliSafe, with two million customers, at about $1 billion.
Smart home market insights will be explored during the annual CONNECTIONS conference, hosted by Parks Associates, May 22-24 in San Francisco.
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.
The system is intended to compete with the likes of ADT, Vivint and DIY providers such as Abode, Scout, SimpliSafe and others.
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.
IOActive was able to infiltrate and disarm the security system, as well as listen in on radio traffic.
DIY specialist offers fully featured wireless security on CDMA and GSM networks with low-cost modules by Telit.
Support for higher power with PoE opens more opportunities.
Learn how a revolutionary digital system design tool, System Surveyor, is enabling customer engagement from the first site visit.
