Why Control4’s Deal for Pakedge Creates a Home-Automation Powerhouse
Pakedge is known in the industry for its many networking innovations and home automation solutions.
Pakedge is known in the industry for its many networking innovations and home automation solutions.
Users can control and automate lighting, music, security and energy throughout their homes.
Home automation leader Control4 has teamed with GreenSky to provide consumer financing for smart-home products and installation, including Control4’s own products and services, as well as third-party solutions.
Control4’s Q2 revenue hit $44.6 million compared to $36.7 million for the same quarter last year. Revenue for first half of 2015 is up 12% to $76.7 million.
Leading home automation provider Control4 has been authorized by its board to repurchase up to $20 million in CTRL stock, which is trading at an all-time low.
Revenue for the first quarter of 2015 was $32.1 million, compared with revenue of $31.9 million during the same period last year, representing 1% year-over-year growth.
By incorporating Control4’s Simple Device Discovery Protocol (SDDP) into its Gemini security panel, Napco aims to strengthen its position in the security/home automation realm.
The deal allows Control4 to take over manufacturing, technical support and sales of Card Access’ ZigBee devices.
Control4, the only pure-play home automation stock (Nasdaq: CTRL), announces record Q4 and full year earnings fueled by 27% increase in North America.
This session will help integrators better understand the needs and market demands of their retail customers.
Take a closer look at all the recurring monthly revenue trends from our 2021 research
