Resideo Technologies Inc. has acquired energy efficiency technology from Whisker Labs and hired the team behind it. The technology creates a thermodynamic model of a home to accurately predict home heating and air conditioning run time and energy use to enable a homeowner to use less energy while maintaining comfort.
SnapAV, a manufacturer and source of A/V, surveillance, networking and remote management products for professional integrators, and Control4 Corporation, a global provider of smart home solutions, today announced that they have entered into a definitive merger agreement stating SnapAV will acquire Control4 in an all cash transaction for $23.91 per share in cash, representing an aggregate value of approximately $680 million.
Allied Universal, a leading security and facility services company in North America (No. 11 on SDM’s 2018 Top Systems Integrators Report, based on 2017 data), has signed a definitive agreement to acquire Dallas-based security integrator Securadyne Systems (No. 8 on SDM’s 2018 Top Systems Integrators Report, based on 2017 data). The deal is expected to close on April 15, 2019. This acquisition will combine a leading U.S. security services company with a world-class technology solutions provider, which will serve as a platform for providing technology-enabled security solutions on a global scale. Terms of the deal were not disclosed.
FE Moran Security Solutions, headquartered in Illinois and a nationwide provider of electronic security, life safety and monitoring systems, today announced the acquisition of MidCo Inc.
Per Mar Security Services, a provider of total security solutions for residential and commercial clients based in Davenport, Iowa, has acquired American Pride Security Services of Bloomingdale, Ill.
Schneider Electric has entered exclusive negotiations with Transom Capital Group, a U.S.-based private equity firm, regarding the sale of its Pelco business unit.
Resideo Technologies Inc. has acquired Buoy Labs, based in Santa Cruz, Calif. The newly acquired company produces an innovative Wi-Fi enabled solution that tracks the amount of water used in a home, integrating smart software and hardware that can identify potential leaks and intervene to prevent them through its subscription-based app services.
Doyle Security Systems Inc., a regional provider of residential and commercial security, fire and medical monitoring systems, announced the purchase of the customer accounts of Commercial Instruments & Alarm Systems (CIA Security), a privately held company headquartered in Fishkill, N.Y. The purchase will result in 7,500 new customers for the company, representing the largest acquisition in Doyle’s 100 year history.
ADS Security, a regional security and automation company headquartered in Nashville, Tenn., acquired the customer accounts of Security Specialists in Lexington, S.C.
