Resideo Technologies (NYSE: REZI), a leading global provider of solutions for home comfort, energy management, safety, and security, has rolled out its latest First Alert® smoke alarm innovations at retailers nationwide. From the most trusted brand in fire safety* comes Precision Detection™ advanced sensing technology that defines a new era of residential fire protection and coincides with the most significant smoke alarm industry manufacturing standards in decades, which will come into effect J
Smart home firm Resideo announced an agreement to buy industry peer Snap One in a deal worth $1.4 billion.
Home safety and security solutions provider Resideo Technologies said on Monday it would buy Snap One in a deal worth about $1.4 billion, including debt. The acquisition will help Resideo's ADI unit, a global distributor of audio-visual and low-voltage products, benefit from Snap One's smart-living solutions. "ADI and Snap One are highly complementary businesses and together will meaningfully enhance our strategic and operational capabilities," Resideo CEO Jay Geldmacher said.