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Tag: Dan Herscovici


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Comcast completes acquisition of Icontrol business unit

March 13, 2017Spencer Ives

PHILADELPHIA—Comcast finalized its acquisition of a business unit within Icontrol, specifically the Converge platform. The company will bring Icontrol's Austin-based facility and wholesale customer base into the fold while looking ahead at other opportunities.“We got a chance to own the software stack that powered one of our most critical, fastest growing products with Comcast, we got a chance to create a kernel of an engineering hub in Austin, Texas, and we saw a large opportunity...

Comcast, Converge, Dan Herscovici, iControl


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Comcast and Alarm.com to acquire Icontrol

June 23, 2016Martha Entwistle

TYSONS, Va. and PHILADELPHIA—Interactive services platform provider Alarm.com and cable giant Comcast today signed agreements to acquire different business units of platform provider Icontrol Networks, based in Redwood City, Calif.Security Systems News reported on the potential deal on June 15.Alarm.com, a direct competitor to Icontrol, will acquire the Connect and Piper business units from Icontrol for approximately $140 million.Comcast will acquire Icontrol's "Converge" software platform,...

alarm.com, Comcast, Dan Herscovici, iControl, Imperial Capital, Jay Kenny, Raymond James


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