Tag: Resideo
Resideo expands relationship with USAA to help homeowners
September 30, 2023SSN Staff
SCOTTSDALE, AZ – Resideo Technologies, a global manufacturer and developer of safety and security solutions, has been added to USAA's PERKS program to help its members protect against water damage and optimize home efficiency.
Resideo said that USAA members can purchase their Honeywell Home smart thermostat and its First Alert WiFi Water Leak & Freeze Detector at a discounted price through the PERKS program and eligible Homeowner policy holders can enroll those devices for a connected...
SmartRent selects ADI Global Distribution as preferred distribution partner
August 10, 2023SSN Staff
SCOTTSDALE, Ariz.—SmartRent, Inc. a provider of smart home and property operations solutions for the rental housing industry, has entered into an agreement with Resideo company ADI Global Distribution to serve as its preferred distribution partner.
A distributor of security, AV, and low-voltage products, ADI's expansive network allows for efficient and timely order fulfillment for SmartRent’s 500-plus rental housing customers, fortifying the company’s inventory and distribution...
ESA announces Kevin Stone as chairman elect for 2023-2024
July 27, 2023SSN Staff
DALLAS—The Electronic Security Association (ESA) has announced Kevin Stone, COO and executive vice president of Doyle Security Systems in Rochester, N.Y., as the association’s chairman elect for 2023-2024.
As the association’s current chairman, John Loud, finishes his term, Stone will serve as chairman elect from July 1, 2023, through June 30, 2024.
“The future of a thriving ESA depends on a leader who can help drive excellence and embrace our members to have...
WeSuite adds industry veteran Julie Sanders Rolles as account executive
June 26, 2023SSN Staff
WHITE PLAINS, N.Y.—WeSuite, a manufacturer of sales management software for security technology sales and service providers, announced that Julie Sanders Rolles has joined the company in the role of account executive.
Rolles will serve as the primary sales contact for those interested in WeSuite’s QuoteAnywhere and the Site Survey sales software. She will focus on members of PSA Security, AiN Group, ESA, and the Resideo dealer network. WeSuite’s platform offers seamless...
Resideo celebrates grand reopening of offices in Louisville
May 12, 2023SSN Staff
LOUISVILLE, Ky.—Resideo recently celebrated the grand reopening of its offices in Louisville following 12 months of renovation to modernize the site.
The updated facility, located at 2700 Blankenbaker Parkway, was designed to foster innovation and deliver a collaborative work environment for employees. The shared site is home to more than 180 team members across Resideo's ADI Global Distribution and Products & Solutions (P&S) businesses that span various departments including sales,...
Resideo to participate at upcoming investor conferences
May 5, 2023SSN Staff
SCOTTSDALE, Ariz. – Security solutions provider and global manufacturer Resideo has announced that it is scheduled to participate in a number of upcoming investor conferences.
With a portfolio that spans home comfort, energy management, and safety and security, Resideo will be participating in the Oppenheimer 18th Annual Industrial Growth Conference on Monday, May 8, 2023, with a presentation scheduled for 9:45 a.m. ET. Oppenheimer said it has had a long tradition of providing...
Resideo Q1 results up 3% year-over-year, softness in residential market
May 4, 2023Ken Showers, Managing Editor
SCOTTSDALE, Ariz. – Commercial and residential distributor of security and audio-visual products Resideo presented a positive first quarter earnings call with modest gains.
Quarter highlights include a net revenue of $1.62 billion, up 8 percent from $1.5 billion in the third quarter 2021. Other financial indicators were also positive although the failed to reach the same heights as previous quarters with a gross profit margin of 26.6 percent, compared to 28.1 percent in the prior year comparable...
Resideo acquires video solutions company Teknique
February 27, 2023SSN Staff
SCOTTSDALE, Ariz.—Resideo Technologies, Inc. announced that it has completed the acquisition of Teknique, a provider of edge-based, artificial-intelligence-enabled video camera development and solutions. Terms were not disclosed.
Founded in 2004 and based in Auckland, New Zealand, Teknique’s platform enables computer vision solutions and edge artificial intelligence for leading global brands and Fortune 500 companies across a range of industries.
"Resideo is focused on creating...
Resideo releasing 3Q financial results on November 1
October 17, 2022SSN Staff
SCOTTSDALE, Ariz. – Resideo, a security solutions provider and distributor of residential security and audio-visual products announced today that they would be releasing their third fiscal quarter financial results on November 1.
The company stated that post closing of the New York Stock Exchange on Tuesday, November 1 that they would be hosting a simultaneous conference call and webcast to discuss the results at 5:00 p.m. E.T. Investors and other interested parties can view the webcast...
Resideo to acquire First Alert Inc. for $593M, reveals Q4 financials
February 7, 2022SSN Staff
SCOTTSDALE, Ariz.—Resideo Technologies, Inc., a global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, announced that it has entered into a definitive agreement to acquire First Alert, Inc., a provider of home safety products, from Newell Brands Inc. for $593 million in an all cash transaction, or approximately $547 million net of expected future tax benefits.
"The addition of First Alert to the Resideo portfolio...