RED WOOD CITY, Calif. and TORONTO—The home security penetration rate hovers around 18 percent in Canada, but players in a new partnership say they’re going to change that. Home automation and control technology provider iControl and Rogers Communications, Canada's largest communications provider, on Aug. 30 announced a new converged home security, automation and control offering, which they say will raise that rate.
PALO ALTO, Calif.—IControl co-CEOs Jim Johnson and Paul Dawes said they were originally looking for a $30 million investment, but there was so much interest that they got $50 million. They even turned away some investors whose interests didn’t align with iControl’s strategy, they said.
PALO ALTO, Calif.—It’s official: Comcast is selling home security and home automation services powered by iControl software in seven of its 18 markets across the country. The announcement was made by iControl, which is based here, on June 9.
PALO ALTO, Calif.—Home security and management providers iControl and uControl are no longer competitors following their Nov. 4 merger. The new company will assume the iControl Networks’ name and be headquartered here while uControl’s Austin, Texas office will become a division of iControl. Jim Johnson, CEO of uControl, and Paul Dawes, CEO of iControl, are now co-CEOs of the new company.