Resideo Technologies announced it has acquired energy efficiency technology from Whisker Labs and hired the team behind it. According to a Resideo statement, the technology creates a thermodynamic model of a home to accurately predict home heating and air conditioning run time and energy use to enable a homeowner to use less energy while maintaining comfort.
“Whisker Labs has been a great partner for us, and adding this capability is yet another example of our commitment to compelling growth opportunities that strengthen and complement our smart-home offerings through the use of intelligent data,” said Mike Nefkens, president and CEO of Resideo in a statement. “With our presence in 150 million homes and unparalleled channel of 110,000 professional contractors, we are in a prime position to deploy this technology at the next level, making our smart-home products even smarter while saving homeowners money on their energy bills.”
Resideo became a standalone, publicly traded company following its spinoff from Honeywell in October 2018. This is Resideo’s second acquisition since the spinoff; the first was Buoy Labs, the maker of a WiFi solution that tracks water usage in the home.