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Tag: Lauro Buoro


Monitoring Matters

Abode receives majority stake investment

April 20, 2018Spencer Ives

PALO ALTO, Calif.—Nice S.p.A., a global home and building automation company, on April 13 acquired 75 percent of abode systems, a provider of DIY security and home automation systems based here, for $18.75 million. The remaining stock is held by abode's founders. “We actually had a lot of interest from several larger [companies based] outside the U.S. but we felt like Nice was the best fit for us. We really liked their team and their focus on design and user experience was one of the...

Abode, Chris Carney, Lauro Buoro, Nice


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