The Nice group

abode Systems Receives Majority Stake Investment From Nice S.p.A.

Posted by Jay Bartlett April 17, 2018 11:02 pm Categories: Corporate News. Tags: abode systems, Christopher Carney, kickstarter, Nice S.p.A., The Nice group.

abode systems announces a strategic investment from Nice S.p.A. Through the transaction, which was public as of Friday, April 13 and reported to the Italian stock exchange, Nice will acquire 75% of abode systems with the remaining stock held by abode founders. Abode was originally founded in 2014 by former ADT executive Christopher Carney and launched on Kickstarter in 2015. The home security startup combined professional-grade security with desirable and popular smart home features and a powerful home automation engine to create what is now a well-developed smart home security space.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.