Johnson Controls announced today it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart home manufacturer, after owning a majority since 2014.
Company leaders say the partnership will combine Google Nest’s hardware and services with ADT’s installation, services and professional monitoring network to create a more robust smart home experience for customers.
The collaboration will provide renters and homeowners in both urban and rural markets with special offers and discounts, enabling them to better protect their most valuable assets: their home and loved ones.
Forty-four percent of U.S. broadband households who do not own or intend to purchase a smart home device perceive the devices as too expensive, so as more manufacturers deploy low-cost products with advanced features, the market could start to overcome this barrier.
These products and services were selected by an independent panel of judges based on a set of criteria that considered innovation, end user experience, response to market need and more.
The Z-Wave Alliance recently released its second annual Z-Wave State of the Ecosystem Report, which examines smart home and connected technology — both in and outside of the home — and explores the smart home landscape as it exists today, current and future trends and new opportunities, with an emphasis on the role Z-Wave technology plays in the advancement of the industry.
GHS Interactive Security, a Texas-based security alarm company formed in 2013, announced today that private investment firm Arena Investors has recapitalized the company and acquired a majority stake. With this partnership, GHS is shedding its old brand identity and rebranding as Vio Security.
Cove, a Utah-based DIY security company offering premium home security, today announced a partnership with RapidSOS, an emergency response technology company, to send life-saving home security data directly to 911 centers to empower the fastest, most effective emergency response.
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