Control4 Acquires Pakedge Device & Software
Control4 Corporation (NASDAQ:CTRL), a leading global provider of smart home solutions, today announced the acquisition of Pakedge Device & Software, Inc., a leader in advanced networking products and cloud network-management services for both wireless and wired networking solutions for the connected home and business.
"The connected consumer, connected home, and connected business opportunity is expanding along with the complexities of supporting thousands of different devices and services in homes and business around the world," said Martin Plaehn, Control4 Chairman and CEO. "By embracing networking as an expanded core-competency, integrating it tightly with our entertainment and automation capabilities, and delivering a single cloud-based reporting and management solution, Control4 will be able to harness the expanding opportunity, bring more simplicity to the complicated, and increase satisfaction for our end customers." Full Press Release...
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