Resideo to Acquire Control4, Triad Audio and Other Snap One Brands

Resideo Technologies, a manufacturer and distributor of security and audiovisual products and solutions, and Snap One Holdings Corp., the agglomerate company that acquired Control4 and offers all types of products and services to professional integrators, have announced a definitive agreement for Resideo to acquire Snap One for $10.75 per share in cash and a transaction value of approximately $1.4 billion, inclusive of net debt. Upon closing, Snap One will integrate into Resideo's ADI Global Distribution business.

McIntosh announced that its MX100 AV Processor has implemented Simple Device Discovery Protocol (SDDP) and has received "Connects with Control4" Certification from Control4, the smart home brand from Snap One. This certification confirms the seamless integration into custom install and smart home systems powered by Control4's smart home operating system (OS) that connects virtually all of the technology in a home. With Control4 Smart Home OS 3, users can control nearly every device and system in the house, including their McIntosh-equipped home theater.

While I visited the exhibits at the excellent Colorado Convention Center during the 2019 CEDIA Expo in Denver, I was frequently asked about my impressions of the show - but often it was as if people were asking me to validate their own negative impressions - because "this industry has seen better days...", and "the show is smaller than ever." I saw the show in a different perspective, which I will address in this report.

As announced in May 2019, SnapAV, a leading provider of A/V, surveillance, networking and remote management products for professionals, and Control4 Corporation, the smart home solutions company, announced the successful completion of their merger. Unified into a single organization, Control4 becomes a professional smart home brand in the SnapAV portfolio. The combined company promises to expand investments in solutions and services for technology professionals.

MQA (Master Quality Authenticated) announced Control4 Corporation as the first home automation platform to support MQA’s award-winning technology, with its new Control4 Smart Home OS 3. The pioneering company delivering authenticated master-quality music in a file small enough to stream has now integrated with Control4 OS 3, allowing homeowners in a Control4 Smart Home to enjoy MQA studio quality sound throughout their entire home.

Control4, the fast-growing smart home solutions company, announced the launch of its new Control4 Smart Home OS 3. The core product that allowed the Salt Lake City company to become a leading name in residential integration, is now updated with more than a thousand new capabilities across lighting, whole-home music and video, security, comfort, and more. OS 3 is available now and can be experienced in Control4 Certified Showrooms around the world on C4Yourself day, June 13.