Mergers And Acquisitions

IFTTT Competitor and CEDIA Keynoter Stringify Kills Home Automation App

By Julie Jacobson · April 9, 2019 • After acquisition, Comcast kills Stringify app, which is 'much better' than IFTTT as an if/then home-automation engine; company recommends IFTTT and Yonomi IoT platforms instead. [grumpy baby]

Resideo Acquires Buoy Labs, Adds Smart Leak Detection to Portfolio

By CE Pro Editors · March 28, 2019 • Resideo's acquisition of Buoy Labs gives the company access to Buoy Labs' smart home software that can send alerts about potential leaks and shut off the water automatically.

SnapAV Acquires MRI, Adding 4 NE Locations to Growing Distribution Empire

By Julie Jacobson · March 15, 2019 • SnapAV acquires its third home-tech distributor after Allnet and Volutone: Powerhouse Alliance member MRI Distribution, with four branch locations in Connecticut, Massachusetts and upstate New York.

NSI Industries Merges With Platinum Tools

By CE Pro Editors · March 14, 2019 • NSI says its merger with Platinum Tools will help expand its market reach and add more category depth to its electrical and control products.

ConnectWise to be Acquired by Private Equity Firm

By Jason Knott · February 26, 2019 • End-to-end business management software company ConnectWise to be acquired by private equity firm Thoma Bravo, owners of SonicWall and other Software as a Service platforms for an estimated $1.5B.

SnapAV Dives into Security and Z-Wave, Teams with Clare and Alula

By Julie Jacobson · February 21, 2019 • IBS 2019: SnapAV becomes sole distributor of Clare Controls affordable Z-Wave home-automation system, distributes Alula security products, incorporates into OvrC.

Lutron Acquires Limelight Commercial Outdoor Wireless Lighting Control

By CE Pro Editors · February 20, 2019 • Lutron acquires Limelight outdoor wireless lighting control from Twisthink to expand its commercial IoT solutions.

Shell Acquires Sonnen Home Energy Storage Systems

By Jason Knott · February 15, 2019 • Sonnen home energy storage systems will become a wholly owned subsidiary of Shell New Energies, a division of the giant petroleum company Royal Dutch Shell plc.

Focal, Naim Parent Company Acquires Audio Plus Services & Plurison

By CE Pro Editors · February 14, 2019 • Vervent Audio Group, the parent company of Focal and Naim, is looking to expand into the North American market by acquiring Audio Plus Services & Plurison and creating two new subsidiaries: Focal Naim America and Focal Naim Canada.

Amazon to Acquire eero Network Routers

By Jason Knott · February 13, 2019 • Amazon has signed an agreement to acquire eero network routers for smart home Wi-Fi.

ADT Acquires Home Security Company LifeShield

By Steve Karantzoulidis · February 11, 2019 • ADT's acquisition of LifeShield expands its reach into the DIY segment, where approximately 80 percent of households do not have professionally installed security systems.

Why Control4 Bought Neeo; EOL Clarity on DIY Remote Control

By Julie Jacobson · February 6, 2019 • ISE 2019: Control4 clings to home-automation pro channel, acquiring Neeo for $11 million, and removing slick remote-control from DIY channel. Upgrade path promised.

Control4 Acquires NEEO Remote Control

By Jason Knott · February 4, 2019 • Control4 has announced the purchase of NEEO, a Swiss maker of high-end remote controls with sleek industrial design. NEEO will discontinue direct-to-consumer sales

Guitar Center Acquires Tunnel Vision Technology Inc. (TVTI) Business Solutions Group

By CE Pro Editors · January 23, 2019 • Guitar Center has added another pro A/V company to its roster, further expanding the retailer's reach and diversity of integration services.

Atlona Acquired by Panduit, with A/V and IT Convergence in Mind

By Julie Jacobson · January 22, 2019 • Network infrastructure company Panduit acquires Atlona, provider of audio/video distribution systems, in anticipation of further convergence in A/V and IT ecosystems.

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