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Alarm.com closes on acquisition of business units from Icontrol

March 10, 2017Paul Ragusa, Editor

TYSONS, Va.—Alarm.com, a platform solution for the connected home and business, announced on March 8 that it has completed its previously announced acquisition of two business units, Connect and Piper, from Icontrol Networks.Comcast also completed its acquisition of Icontrol, specifically the Converge business, which includes Xfinity Home and creates Internet of Things (IoT) technologies and next-generation platforms for connected home security.The cash consideration paid by Alarm.com for the...

alarm.com, Connect, Dan Kerzner, iControl Networks, Piper, Steve Trundle


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