Deal shows pains in connected homes tech

Comcast and Alarm.com have announced their acquisition of Icontrol, developer of smart home technologies, in a deal designed to bolster security offerings and bring technology development in-house, Greentech Media reports.

Comcast will acquire Icontrol’s "Converge" software platform, which powers the Xfinity Home touch-screen panel and back-end servers, while Alarm.com will acquire the company's Connect and Piper businesses.

Read more: http://www.utilitydive.com/news/comcast-icontrol-deal-highlights-pains-in-connected-home-technology/421669/

Popular posts from this blog

Commercial Automation Leader SOMFY Joins ZigBee

The ZigBee Alliance, a non-profit maintaining and delivering open, global standards for the low-power wireless Internet of Things (IoT), announced that SOMFY has joined the ZigBee Alliance. A world leader in the home and commercial automation market, SOMFY develops, manufactures and distributes products in 58 countries across five continents. From motorized window treatments for residential and commercial buildings to automated outdoor extensions, gates and garage doors, SOMFY provides a complete range of the latest motorized solutions, automatic systems and alarms designed to make daily life easier, safer and more pleasant. Read more: http://virtual-strategy.com/2016/08/09/european-home-and-commercial-automation-leader-somfy-joins-zigbee-alliance-board-of-directors/
Read more

Home automation gets cheaper, smarter, easier

The promise of widely available home automation has been around since "The Jetsons" aired 50 years ago. But until recently, smart- home systems have been pricey and complex, typically requiring professional installation. And few consumers have been aware of the availability of such services or haven't been convinced that they needed them. But in recent years, major consumer service providers — including ADT, Comcast and Vivint — have entered the market, helping promote the concept of home automation and make it more accessible to average consumers. Companies such as Comcast and Vivint now offer basic home-automation systems for less than $500 installed. And Lowe's Iris, which is available for about $300 for a full system, is designed for self-installation. "We definitely see that (home automation) is moving increasingly into the mainstream," said Jonathan Collins, an analyst with ABI Research. Read more: http://www.denverpost.com/ci_22649153/is-smart...
Read more

New home construction down last month

Construction of new homes nudged down slightly in May, with builders pulling back in the Northeast and Midwest. Housing starts ticked down 0.3 percent to a seasonally adjusted annual rate of 1.16 million units, the Commerce Department said Friday. The government's residential construction report can be volatile on a monthly basis, which might explain the slight decrease. Home construction has improved much of this year, with single-family houses accounting for much of the gains unlike recent years when developers focused more on apartments. Read more: http://www.mercurynews.com/business/ci_30027562/u-s-home-construction-down-slightly-may
Read more