ADI Global
Resideo to Acquire Snap One to Expand Presence in Smart Living Products and Distribution
Posted by Jay Bartlett 4:43 am
Categories: Corporate News, Distributors / Systems Integrators.
Tags: ADI Global, Resideo, Snap One.
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.
ADI Appoints Michael Flink New President
Posted by dtaitano 4:31 pm
Categories: Corporate News, Distributors / Systems Integrators, Surveillance.
Tags: ADI Global, distribution, Honeywell, Michael Flink.
The US-based wholesale distributor ADI has named Michael Flink as president of ADI Global. ADI, part of the Honeywell Security Group (HSG), will operate globally, and Flink will lead all ADI businesses across the Americas, EMEA, and India. Flink, pictured, has been president of ADI Americas since 2010.