Resideo to Acquire Snap One to Expand Presence in Smart Living Products and Distribution
Resideo Technologies and Snap One Holdings Corp announced a definitive agreement pursuant to which Resideo has agreed to acquire Snap One 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.
New Yale Pro 2 Introduces Best-in-Class Smart Lock Solution
Yale a leader in smart home security, today announced the launch of Yale Pro® 2, the brand’s latest product line for the professional and multi-family market. Yale Pro 2 delivers the next generation of smart lock solutions to revolutionize how builders, integrators, and multi-family customers streamline access management and improve building security.
HONEYWELL Joins Forces with Industry Partners to Provide First Responders with Critical Information
Honeywel announced that it has joined forces with a group of leading industry partners to help deliver more detailed contextual information about commercial fire emergencies to first responders. In a fire emergency response, fire fighters are typically only given a simple building address before they arrive on site.