Nice S.p.A., an Italian international home automation and home security company, acquired FIBARO, a brand in the global smart home market. The transaction, which was public as of Friday, July 13, is valued at $73 million and includes the entire share capital of Fibar Group S.A. including its U.S. subsidiary.
The 2018 CEDIA Expo Keynote is free for CEDIA Expo attendees and will take place on Sept. 5 at 5:30 p.m. in room 20A at the San Diego Convention Center. CEDIA Expo will be held Sept. 4-8 at the San Diego Convention Center.
One of the themes I have been presenting in my classes and speeches is the “professional” products and services that our industry can provide clients. It should be obvious to anyone that the flood of do-it-yourself (DIY) products combined with the megadollar advertising budgets of their manufacturers are enabling consumers to DIY their alarm and video.
It’s been bandied about for 30 years — just about as long as I’ve been in this industry — but it’s still a hot topic and I have yet to see a solid solution. Interoperability is a key issue that keeps coming up.
Technology is also able to keep people living at home without moving to a care facility. This has led to the “Aging in Place” movement and it is gaining momentum given the explosive growth of the senior population.
