SnapAV.
CHARLOTTE, N.C. and SALT LAKE CITYSnapAV, a manufacturer and primary source of A/V, surveillance, networking and remote management products for professional integrators, and Control4 Corporation, a global provider of smart home solutions, recently announced that they have entered into a definitive merger agreement
What company did Control4 merger with?
SnapAV
Charlotte, NC August 1, 2019 9:00 a.m. ET Today SnapAV, a leading provider of A/V, surveillance, networking and remote management products for professionals, and Control4 Corporation, a leading global provider of smart home solutions, announce the successful completion of their merger.
What happened to Control4?
Under the terms of the Agreement, SnapAV will acquire all the outstanding common stock of Control4 for $23.91 per share in cash.Control4 offers a leading automation platform, along with key smart home solutions in the audio, video, lighting, security and networking categories.
Does SnapAV own Control4?
The new name also represents a unified company that includes legacy SnapAV and Control4 organizations following the major merger in 2019. Together, now as Snap One, the company can serve as the industry’s central source for everything needed to succeed, today, and in the future, Heyman added.
Who started Control4?
About Control4
Founded in 2003 by Eric Smith, Will West, and Mark Morgan, Control4 debuted at the 2004 CEDIA Expo home technology trade show and released its first products later that year, as an early entrant in the home automation market.
Where is Control4 manufactured?
Salt Lake City, Utah
The company is based in Salt Lake City, Utah. Control4 was a publicly traded company (on the NASDAQ stock exchange under the stock symbol CTRL) from 2013 until 2019, when it merged with SnapAV.
Who owns SnapAV?
Hellman & Friedman
In 2017, the current owner Hellman & Friedman bought it from General Atlantic, also for an undisclosed price. In 2019, SnapAV closed on its $680 million purchase of Utah-based electronics manufacturer Control4 Corp.
Is Control4 any good?
Control4 Home is one of the best home automation systems because it’s easy for dealers to plan systems for almost any home, and has a wide range of smart product integrations and features. The company has excellent customer service and educational resources to help you choose the features you really need for your home.
What products work with Control4?
If that’s you then you’ll be pleased to know that a whole host of major smart home devices, along with most of the mainstream digital audio and video services, play nicely with Control4, including Philips Hue, Nest, Sonos, Apple TV, Yale, Netflix, Amazon Music, Lutron and more.
What is Control4 Sddp?
Control4® Simple Device Discovery Protocol (SDDP) is software that is built into a manufacturer’s product to make integration with a Control4 system easy and seamless.Dealers add these devices to a Control4® system and the controller automatically recognizes them.
Is SnapAV publicly traded?
SnapAV, the manufacturer and distributor of audio/video, surveillance, networking, and remote management products for professionals, has announced its intention to become a publicly owned company.
Can I install Control4 myself?
Yes, the do-it-yourself smart devices available at your local home improvement store or online are tempting. The hardware itself is usually quite affordable, and since you’ll be installing the system yourself, you can eliminate the labor charges you would have incurred had you hired a pro.
How much does a home automation system cost?
Home automation costs $803 on average. You’ll most likely spend between $178 and $1,460 but some reports include installations of $3,000. To fully automate an average 4-bedroom, 3-bath home, you might spend up to $15,000. Luxury fully-connected homes run $10,000 to $150,000.
Does Google work with Control4?
Google Home is connected to your Control4 system, and you can control available devices using Google Assistant.
Which smart home system is best?
Best smart home devices to buy in 2021
- Best smart speaker: Amazon Echo (4th gen) $60 at Crutchfield.
- The other best smart speaker: Google Nest Mini. $25 at Google.
- Best smart display for Google Assistant: Google Nest Hub (2nd gen)
- Best smart display for Alexa: Amazon Echo Show 8.
- Best mesh router: Google Nest Wifi.
Does ring work with Control4?
It’s taking an infuriatingly long time for pro-oriented home automation systems to integrate with DIY doorbell cameras. At least Control4 (Nasdaq: CTRL) now integrates (kind of) with Ring, thanks to a new driver from BlackWire, a distributor and software provider for home-technology installers.
Is Control4 better than savant?
Control4 is much better at smaller 1 and 2 room solutions. If you want to control a home theater with 1 light and a thermostat, and you want a technician to be in and out in half an afternoon, Control4 is ideal. Savant has their eye on the entry-level market as well, but its a forte of Control4.
Who owns snap one?
In 2017, H&F acquired Snap One, a leading eCommerce provider in the connected home sector.
Does Control4 have a monthly fee?
How Much Does it Cost? 4Sight is an annual paid subscription, set up by your trusted Control4 dealer at only $100/year, or just under $10 a month.
Can Control4 control Sonos?
While Sonos does have its own app, with Control4, you’ll be able to adjust the music in the same place you access lights, security, HVAC, and more. You can even use a tablet or control panel on the wall dedicated to your Control4 system.
How much is a Control4 remote?
Remote
| Control 4 Remote | |
|---|---|
| Product | Price |
| NEEO REMOTE WITH BASE | $600.00 |
| SR-260 REMOTE | $230.00 |
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