Mergers And Acquisitions
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]
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.
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.
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.
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.
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.
By CE Pro Editors · February 20, 2019 • Lutron acquires Limelight outdoor wireless lighting control from Twisthink to expand its commercial IoT solutions.
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.
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.
By Jason Knott · February 13, 2019 • Amazon has signed an agreement to acquire eero network routers for smart home Wi-Fi.
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.
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.
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
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.
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.