Resideo Technologies has acquired Snap One which will be integrated into Resideo’s ADI Global Distribution business.
The transaction will combine ADI’s position in security products distribution and Snap One’s complementary capabilities in the smart living market and Control4 technology platforms, which is expected to drive increased value for integrators and financial returns. Together, ADI and Snap One, with a UK office in York, will provide integrators an increased selection of both third-party products and proprietary offerings through an extensive physical branch footprint augmented by industry leading digital capabilities.
Jay Geldmacher, Resideo president and chief executive officer commented: “ADI and Snap One are highly complementary businesses and together will meaningfully enhance our strategic and operational capabilities. We are excited about the enhanced value proposition through increased product breadth, local availability, support services and broad market expertise, as well as the future opportunities this creates for integrators serving residential and commercial markets.”
John Heyman, chief executive officer of Snap One said: “This is the right next step to capture new opportunities to bring our solutions to market. The future of smart living is here. Demand for connected technology products continues to grow, and Resideo is the right owner to drive our expansion.”
