DALLAS—Approximately 26 percent of U.S. broadband households today now own a smart home device, up from 19 percent at the end of 2015, according to new Parks Associates’ research that was announced at its CONNECTIONS Summit at CES in January.
PHOENIX—Titan Alarm, a security, access, fire and surveillance company based here, made its third acquisition of 2016, finishing the year strong with the purchase of accounts and RMR of Arrow Security Design LLC, a Scottsdale, Ariz.-based company owned and operated by Ray Millazo, who is retiring after more than 30 years in the industry.
PROVO, Utah—Vivint Smart Home, a smart home services provider based here, made several big announcements at CES 2017 last week, most notably Vivint Sky, the company’s new smart home assistant that uses artificial intelligence, or AI, to manage all of the devices in a connected home.
JUPITER, Fla.—Vortex Security, a home and business security and automation company based here, recently secured $3 million in credit from Cassell Global Investments, funding that will help the company sustain its strong growth organically as well as possibly expand through acquisition.
HOLLYWOOD, Fla.—Tammy Beil, chief growth officer for marketing firm TABeil, kicked off her Honeywell CONNECT session by listing some of the most globally recognized brands, including Google, Coca-Cola, Mercedes-Benz and Nike.