Tag: Snap One

SCOTTSDALE, Ariz. — Resideo Technologies, Inc. announced that it has completed the acquisition of Snap One, a provider of smart-living products, services, and software to professional integrators. Resideo said it will integrate Snap One into its ADI Global Distribution segment. Together, ADI and Snap One will provide integrators with an increased selection of both third-party products and proprietary offerings through an extensive physical branch footprint augmented by digital capabilities. The...

LOUISVILLE, Ky.—The Electronic Security Expo (ESX) has revealed the winners of the 2024 Innovation Awards, recognizing excellence and innovation within the electronic security and life safety industry.  These prestigious awards highlight next-generation products and services that present significant growth opportunities for integrator companies. An independent panel of judges selected the winners based on a comprehensive set of criteria, including ingenuity, applicability, response...

CHARLOTTE, N.C. — Snap One announced that it is partnering with RG Nets to provide Snap One Partners access to the rXg solution, a new way to automate the configuration, operation and management of Access Networks WLAN infrastructure or ‘bulk Wi-Fi’. The automation reportedly can simplify and enhance internet access in MDUs, restaurants, entertainment venues, co-working spaces and other multi-user environments. The new availability of rXg will reduce the time and labor...

SCOTTSDALE, Ariz. – Resideo Technologies’ recent acquisition of Snap One provided a nice layup for company executives to talk about the impact on the company’s financial performance during a recent conference call.  Resideo President and CEO Jay Geldmacher told investors on the call that Resideo had identified meaningful cost synergies between ADI and Snap One.  “Needless to say, the team is quite excited about the future integration of Snap One into Resideo,...

Dire continuity yields to the march of time as this week marks cleanup for the industry’s quarterly financial results. One more to go as of writing this and then the second quarter (Q2) 2024 begins for me in earnest, but most companies have probably been eager to get a jump on Q2 for some time now. It’s no secret that it’s been a rough financial quarter for everyone in one way or another, I don’t even think it’s confined to the security industry either! Go peek at...

MELVILLE, N.Y. – Resideo Technologies picked up Snap One Holdings on April 15 for $1.4 billion in a move that will combine the Control4 technology platforms of Resideo subsidiary ADI Global in the security market with Snap One's capabilities in the smart living market.  The deal is off to a great start: Moody’s Investor Service described it as “credit positive” and Snap One’s shares gained 29% following the announcement.  “The highly complementary...

CHARLOTTE, N.C.—Snap One, a manufacturer and distributor of smart living technology, announced it has joined the National Systems Contractors Association (NSCA). NSCA is a not-for-profit association that is focused on providing commercial integrators with the training and resources they need to grow their businesses across all vertical markets. According to Joey Palkowitch, director of commercial sales at Snap One, the decision to join NSCA was a natural next step following...

SCOTTSDALE, Ariz., and CHARLOTTE, N.C. – Resideo Technologies has agreed to acquire Snap One Holdings for $10.75 per share in cash, for a transaction value of approximately $1.4 billion, inclusive of net debt. Upon closing, Snap One will integrate into Resideo's ADI Global Distribution business. “The acquisition of Snap One is an exciting step in Resideo’s continued transformation through portfolio optimization, operational enhancements and structural cost savings actions,”...

CHARLOTTE, N.C. – Snap One has announced a slate of new features and capabilities for the Control4 Halo and Halo Touch remotes that provide a more streamlined and reliable interface. Following the over-the-air update to v1.7, all Halo and Halo Touch remotes will gain a redesigned lighting page that offers faster control, longer battery life, improved WiFi stability, access to custom buttons from their system and a “What’s New” page that explains new features on the remote. According...

Gallagher Security Controller 7000 Platform Capable of managing all localized access control, intruder alarms, perimeter security, business automation, and logic needs for organizations, the Controller 7000 represents a new generation of Gallagher Security technology, offering streamlined upgrades, next generation components, and advanced cybersecurity functionality. security.gallagher.com. Snap One Luma 420 Series and 820 Series NVRs Snap One has launched its new Luma 420 Series...