Security News

Resideo Technologies acquires First Alert to extend their existing home sensor solutions

Resideo Technologies, Inc., a global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, announces that it has entered into a definitive agreement to acquire First Alert, Inc., a provider of home safety products, from Newell Brands Inc. for $593 million in an all-cash transaction, or approximately $547 million net of expected future tax benefits.
Home safety market
Established in 1969 and based in Aurora, Illinois, First Alert is a pioneer in the home safety market with a strong omnichannel presence serving end-users directly through retail and e-commerce channels and professional contractors through relationships with distributors and home builders.
First Alert offers a comprehensive portfolio of detection and suppression devices including smoke alarms, carbon monoxide (CO) alarms, combination alarms, connected fire and CO devices, fire extinguishers, and other suppression solutions. Products are marketed…