Rumours swirling about potential Icontrol purchase
According to multiple reports, Comcast and Alarm.com are considering the acquisition of Icontrol. Thus far, there has been no official comment from any of the companies potentially involved.
June 17, 2016 By SP&T Staff
One of those initial reports, publishing on Lightreading.com, states that:
According to the industry buzz, Comcast Corp. (Nasdaq: CMCSA, CMCSK) is poised to take over Icontrol Networks Inc.’s Zigbee-based smart home products and the majority of its patents, while Alarm.com Inc. is expected to slice off Icontrol’s Z-wave product portfolio, a handful of patents and the Piper home monitoring assets that Icontrol acquired in 2014.
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