Security & Control Solutions (2Gig) segment shows 7% revenue growth in Q4, while Audio, Video & Control Solutions (Core Brands) has 27% sales decrease, but breaks even on bottom line.
Jason Knott · March 02, 2016
Honeywell talks merger with United Technologies, then reportedly shops its Building Solutions unit. Tyco, Nortek and ADT, all giants in security and home automation, have also been active in M&A discussions and deals.
Julie Jacobson · February 26, 2016
Latest super-secure Z-Wave technology mitigates smart-home hacking; will achieve UL 1023 compliance for intrusion, giving the home automation standard an edge in powering some 20 million security sensors and alarm panels each year.
Julie Jacobson · February 18, 2016
Boston custom integrator System 7 headed by Gerry Lynch is named the 2016 Consumer Technology Association TechHome Division Mark of Excellence Integrator of the Year at CES 2016.
Jason Knott · January 11, 2016
At CES 2016 Avi Rosenthal of Nortek Security and Control receives Consumer Technology Association TechHome Division 2016 Leadership Award for longtime contributions to the industry.
Jason Knott · January 11, 2016
Mobile IoT at CES 2016: Look for smart devices with cellular radios built in; network providers like Sigfox and Qowisio launching mobile networks and services specifically for low-bandwidth connected devices.
Julie Jacobson · January 06, 2016
Flextronics picks up Wink, Legrand invests in Netatmo, Alarm.com goes public, Sears acquires WallyHome, Nortek acquires Numera … and other IoT and A/V mergers, acquisitions and equity events of 2015.
Julie Jacobson · December 29, 2015
Dealers can order and earn rewards on purchases of A/V, security, home automation and central vac from Nortek’s Core Brands, NuTone, Omnimount and GoControl. Portal debuts at CEDIA Expo 2015.
Julie Jacobson · September 10, 2015
Five months after 2Gig and Vivint were acquired for $2B, Nortek Inc. acquires leading home automation and home security provider 2Gig for $135M. Company will be folded into subsidiary Linear.
Julie Jacobson · February 13, 2013
Elan, Linear, Niles, SpeakerCraft and Xantech to develop multiroom-audio products around their own Cat 5-based Digi5 technology.
Julie Jacobson · October 14, 2007
