Presidio Investors, a private equity firm, announced a $75 million private equity investment that merges 15 independent smart-home design-build firms across the United States, creating Bravas LLC, an integrator of electronic lifestyle technologies into custom-built “intelligent spaces” where you live, work and play.
ADT Inc., No. 1 on the SDM 100 Report, today announced that it entered into a definitive agreement to sell ADT Security Services Canada Inc. to TELUS Corporation for approximately CAD $700 million in cash, subject to certain adjustments.
Passion dominates at every CEDIA Expo, including this year’s event in Denver, held September 12-14. No matter if you love all things audio/video and entertainment-focused, or smart home technology with integrated systems and devices that put you in control, participants are eager to see and learn.
Vivint Smart Home Inc., a smart home technology company attempting to redefine the home experience through intelligently designed cloud-enabled solutions ranked No. 2 on the SDM 100, and Mosaic Acquisition Corp., a publicly traded special purpose acquisition company, have entered into a definitive agreement to merge Vivint with a subsidiary of Mosaic.
Support.com Inc., a provider of technical support solutions for businesses and consumers, and InstallerNet, a provider of professional installation service solutions for the connected home and automobile, announced the launch of a new end-to-end program designed to help companies deliver a better customer experience by getting the most out of their IoT devices both in the home and on the road.
The Z-Wave Alliance, a global membership organization dedicated to advancing the Z-Wave wireless smart home protocol, announced the addition of home security provider Ring as a principal member.
IKEA Home smart was initiated as a project in 2012 with the ambition to enrich life at home by incorporating digital elements and technologies into products and solutions. Several launches within the smart home has followed since then and now IKEA has taken the strategic decision to invest even more in the home smart area by establishing IKEA Home smart as its own business unit within IKEA of Sweden.
Smart home capabilities are the sizzle that can help sell the security system steak. And smart locks are among the most sizzling smart home options. Here are six key developments in this area — and seven more that could be coming over the horizon.
