Alarm.com Posts Q1 Results, Besting Wall Street Estimates
The smart home services platform provider reported SaaS and license revenue increased 26% to $50.2 million for the first quarter of 2017.
The smart home services platform provider reported SaaS and license revenue increased 26% to $50.2 million for the first quarter of 2017.
More smart home capabilities and customer retention are among Alarm.com partner benefits.
ISC West 2017: New smart-home solutions from Legrand, Skybell Technologies, Rachio and Rain Bird integrate with Alarm.com’s open hardware ecosystem.
The smart home services platform provider reported its adjusted EBITDA jumped 47% year over year to $14.3 million.
Despite the combined operations, IHS Market forecasts low penetration and fast growth means opportunity remains for other competitors.
ObjectVideo was founded in 1998 by scientists and program managers from the Defense Advanced Research Projects Agency.
Find out the implications of the merger and what it means for the SHaaS (smart home as a service) landscape.
The defendants claim Honeywell defines the relevant security and home automation market too narrowly.
SSI spoke with several industry observers who commented on allegations by Honeywell that Alarm.com’s acquisition of two Icontrol divisions would result in a monopoly.
Icontrol and Alarm.com combined would control 70% of the market for interactive security and home automation.