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.
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.
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
