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Resideo Technologies, Inc. (REZI)
After hours:
- PR Newswire
Precision Detection Smoke Alarms from First Alert Now Available Nationwide
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
- Reuters
Home solutions provider Resideo to buy Snap One in $1.4 billion deal
The $10.75-per-share cash deal for Snap One, a maker of security solutions such as surveillance cameras and thermostats, represents a 32.1% premium to the stock's last close. 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.
- Reuters
UPDATE 2-Home solutions provider Resideo to buy Snap One in $1.4 billion deal
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.
