It’s the 21st century already. Isn’t it time we all lived in smart homes? For technophiles everywhere, the smart home can’t come soon enough. The same might be said for the security marketplace, which is well positioned to thrive in the coming era of home automation. The wait could be shorter than we think, given some recent trends and events we are seeing in the home automation market. Let’s consider several of them: 1. Home automation is getting attention from Silic...
Just how big is the home automation industry? One way to tell is by looking at the sheer number of companies – large and small—that have rushed to enter this fast-growing space. They include some of the world’s largest corporations – Apple and Google – along with the nation’s biggest cable and telecom companies – Comcast and AT&T. It includes big names in security like Honeywell and ADT. Then there are less known, but fast growing, contenders such as...
2014 was a year for eye-popping merger and acquisition (M&A) activity in the security space. The big deals of the year included some of the largest names in the industry. One name is larger than any in the security market – Google, which made not one but two acquisitions this year that could impact the future security market. It was also the year that a smaller player in the video camera market (although a huge familiar brand overall) bought a large, open systems V...
Demand for covert cameras in the home has doubled in the last two years, according to one camera supplier. These additional “hidden” cameras are also increasingly being networked into home security systems, and installation of the newest covert IP cameras is do-it-yourself easy. Covert cameras appeal to consumers who don’t want the industrial look of video cameras disrupting their décor. They are also the latest variation on “nanny-cams” that keep watch...
The agreement has been signed for $555 million in cash Google-owned Nest Labs, Inc. (nest.com) announced recently that it has entered into an agreement to buy Dropcam for $555 million in cash, subject to adjustments. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the US. See latest article from our Editor on how this space is witnessing some solid activity.
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