Alarm.com Posts Q4 and Full Year 2016 Results
The smart home services platform provider reported its adjusted EBITDA jumped 47% year over year to $14.3 million.
The smart home services platform provider reported its adjusted EBITDA jumped 47% year over year to $14.3 million.
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.
The research firm suggests service providers will have to offer flexible billing models in order to preserve growth in the smart home market.
The additions, achieved through cloud-based integration, include the LG smart refrigerator, SkyBell HD video doorbell and Bttn smart button.
Comcast and Xfinity Home acquired Icontrol’s Converge software platform; Alarm.com purchased its Connect and Piper home automation technologies.
Medium reports the sides are in discussions. Some assets of Icontrol would go to Alarm.com and others to Comcast.
Leading SHaaS (smart home as a service) provider Icontrol is reportedly being sold to Comcast/Xfinity and erstwhile rival Alarm.com. What does this mean for the security and home automation market?
This session will help integrators better understand the needs and market demands of their retail customers.
This next installment of the SSI Industry Hall of Fame Webcast Series features Jim Henry, executive vice president of corporate development for Securitas Electronic Security.
