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iControl as well as uControl rivet in home industrialisation partnership, made at home disputes appear unavoidable
Come one, come all — we’re guessing you won’t wish to miss a most laughable business arrangement given the latter part of 2007, when ROK acquired the majority share of Rock. Believe it or not, iControl as well as uControl have someway put their greedy ways aside to come together as a single, but it’s flattering transparent who’s unequivocally in carryout. The joined company will shape metal forward as iControl Networks, withdrawal u with zero though vanishing memories and half the bottle of Jack. In all earnest, this melding of minds could definitely give the home automation universe a progress it’s reallybad in need of; fragmentation and the lack of concept harmony (not to mention stratospheric pricing) has exceedingly hindered acceptance in the consumer star, as well as we’re anticipating that these guys can someway have ZigBee, Z-Wave as well as your ZR1 speak to any other sans any hoop jumping. ‘Course, we wouldn’t expect any arrange of quick partnership — these dual have to get upon speaking terms before any magic happens, you know? Show full PR textiControl as well as uControl Announce Merger Agreement
Creates Market Leader as well as Advances Broadband Home Management Industry
PALO ALTO, Calif., Nov. 4, 2010 /PRNewswire/ — iControl Networks as well as uControl today voiced which the companies have entered into the definitive merger agreement. The partnership combines the dual market leaders in broadband home government, and promises to deliver a best-in-class solution which includes interactive home confidence, energy management as well as home health care solutions to broadband service providers, home confidence companies as well as utilities. The total association has launched commercially with several use providers and will announce additional deployments in the nearby destiny. All commercial trials as well as deployments will continue as planned.
The merged company will keep the name iControl Networks as well as will be headquartered in Palo Alto, California with a division in Austin, Texas. iControl CEO Paul Dawes and uControl CEO Jim Johnson will both remain in their purposes as well as offer as co-CEO’s of a brand-new iControl Networks.
“Through this partnership, iControl as well as uControl have total our particular strengths to broach the best height for a broadband home government marketplace,” pronounced Paul Dawes, co-CEO of iControl. “Whether it’s await for industry-leading IP video monitoring, innovative iPhone and Android apps, or cutting corner ZigBee as well as Z-Wave record, a new iControl will suggest the many comprehensive, innovative solution available.”
“This is the singular event where everybody benefits,” said Jim Johnson, co-CEO of iControl. “The scale achieved by this market consolidation is better for business, partners, employees, as well as investors. Our top priorities have been a success of our business’ deployments as well as accelerating a growth of our OpenSMA ecosystem.”
About iControl
Palo Alto-based iControl Networks is a venture-backed software and services association providing award-winning solutions defining a broadband home management marketplace. iControl Networks partners with home confidence companies, broadband operators, utilities and telecommunication firms to broach iControl ConnectedLife, the subsequent era of home management, security as well as connectivity. Investors in iControl include ADT, Charles River Ventures, Cisco, Comcast Interactive Capital, GE Security, Intel Capital as well as the Kleiner Perkins Caufield and Byers iFund. For more report, please revisit www.icontrol.com.
About uControl
Austin-based uControl delivers an open, technology-agnostic Home Security, Monitoring and Automation (SMA) program height creation the Connected Home the being. uControl focuses on the full spectrum of SMA solutions, leading with next era home confidence. Through the industry-leading OpenSMA module, uControl brings together all a players who energy the Connected Home, integrating as well as enabling the diverse ecosystem, from Service Providers such as cable as well as telephone companies to Platform Hardware as well as Lifestyle Device manufacturers who supply items such as thermostats, lighting controls, touch shade tablets as well as confidence sensors. Application developers additionally play the crucial purpose inside of OpenSMA, bringing to marketplace an unconstrained list of Connected Home applications. For sum upon uControl partners as well as business or some-more information upon OpenSMA, visit www.opensma.com or follow @opensma upon Twitter. For some-more information about uControl, visit www.ucontrol.com or call 1-888-357-4214.
