Tag: Resideo
Resideo to acquire First Alert Inc. for $593M, reveals Q4 financials
February 7, 2022SSN Staff
SCOTTSDALE, Ariz.—Resideo Technologies, Inc., a global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, announced that it has entered into a definitive agreement to acquire First Alert, Inc., a provider of home safety products, from Newell Brands Inc. for $593 million in an all cash transaction, or approximately $547 million net of expected future tax benefits.
"The addition of First Alert to the Resideo portfolio...
Mission 500 raises $24,000 in first Great Las Vegas Hunt at ISC West 2021
August 17, 2021SSN Staff
MIAMI—Mission 500’s newest fundraiser endeavor at ISC West 2021, “The Great Las Vegas Scavenger Hunt,” was a big success. The event not only brought awareness to helping children and families in need across America, but it also brought the security industry together for some much-needed fun.
The scavenger hunt consisted of nine teams of four. Teams were as follows: Advance Security Tech, Alarm.com, Alarms R Us, Automatic Gate Operations, Digital Monotoring Products (DMP),...
ADI releases new mobile app
July 7, 2021SSN Staff
MELVILLE, N.Y.—ADI Global Distribution, a wholesale distributor of security, AV and low-voltage products, announced it has released a new mobile app to provide dealers with a fast and easy way to shop at ADI from their mobile device. Dealers can use the app to search for products, check pricing and availability, place orders and manage their ADI account on-the-go.
The new ADI App presents a modern design and offers advanced features to make it easy to access the industry's largest selection...
Resideo acquires Shoreview Distribution, releases strong Q1 results
May 7, 2021SSN Staff
AUSTIN, Texas—Resideo Technologies, Inc., a global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, announced it has acquired privately held Shoreview Distribution, a distributor of professional audio, video, lighting, display and broadcast equipment. Terms of the transaction were not disclosed.
Shoreview was founded in 1989 and is based in Foxboro, Ma., with warehouse locations on the East and West coasts,...
Resideo acquires regional distributor Norfolk Wire & Electronics
April 2, 2021SSN Staff
AUSTIN, Texas—Resideo Technologies, Inc. announced it has acquired privately held Norfolk Wire & Electronics ("Norfolk"), based in Richmond, Va. Terms of the transaction were not disclosed.
Norfolk was founded in 1985 and is a leading regional distributor of security, telecom, network and audio-video (AV) related products, supplies and tools. With 11 full-service retail locations and a 43,000-sq.-ft. distribution center, Norfolk serves customers across the mid-Atlantic region, and will be...
Resideo launches ProSeries A7 Security Panel
February 12, 2021SSN Staff
AUSTIN, Texas—Resideo's new ProSeries A7 Security Panel is the latest addition to the ProSeries Platform and serves as a central hub for security and life safety. This 7-inch, cost-effective, all-in-one security panel features a color-capacitive touchscreen and designed for professional installation in both residential and light commercial applications.
Built with ProSeries platform modularity, the ProSeries A7 offers a wireless controller, communicator, microphone, speaker and...
ADI expands footprint with new branch in Scarborough, Ontario
October 9, 2020SSN Staff
MELVILLE, N.Y.—ADI Global Distribution, a wholesale distributor of security, AV and low-voltage products, announced it has opened a new branch location in Scarborough, Ontario.
This marks ADI's second location to serve the Greater Toronto Area and tenth location in Canada, strengthening its commitment to providing the best and most convenient service to dealers.
The new ADI Scarborough branch will provide dealers with more access to ADI's full range of products and services.
"At...
Resideo announces availability of ProSeries platform
October 5, 2020SSN Staff
AUSTIN, Texas—Resideo Technologies, Inc. announced the availability of its Honeywell Home ProSeries Security and Smart Home Platform.
“The initial preview of the ProSeries Platform with our professional security dealer network generated significant excitement as they told us it is exactly what has been missing in the industry,” Alice DeBiasio, vice president and general manager, Global Security, Resideo, said in the announcement. “As families spend more time at home, it...
Zigbee's Project CHIP standard becoming a reality
September 8, 2020SSN Staff
DAVIS, Calif.—Zigbee Alliance’s Project Connected Home over IP Working Group recently updated the industry on its progress, outlining the Project’s growth and introducing the newly detailed architectural stack diagram for the open standard. Here’s a summary of the details as well as a link to the working group’s full blog post:
December 2019 – the date the group set out to create a unifying standard for the smart home industry.
September...
Resideo names president and CEO
May 20, 2020SSN Staff
AUSTIN, Texas—As the result of a comprehensive search process, Resideo Technologies, Inc. appointed Jay Geldmacher as president and CEO, and a member of the board of directors, effective May 28. Geldmacher succeeds Mike Nefkens, who announced company departure in Dec. 2019. “Jay is the ideal CEO to lead Resideo forward,” Roger Fradin, chairman of the board, Resideo, said in the announcement. “Jay has a long history of operational excellence while delivering profitable growth and value...