The smart monitoring and analytics platform has announced it has received an undisclosed sum of money from the smart security manufacturer.

Resideo's 2023 and Q4 2022 financial report signals a slight dip in revenue for 2023 and the fourth quarter of 2022.

The joint venture will look at how coordination between thermostat and battery systems can improve home HVAC efficiencies.

Winners of the annual awards were selected across 12 categories by panel of judges that included former longtime editors.

Announced at the CONNECT 2023 Customer Event, the camera is the second offering debuted for the First Alert Visual Experience (VX) series.

Resideo states the transaction, valued at roughly $87.5 million, is unlikely to impact the company’s Q4 2023 operating income.