COCONUT GROVE, Fla. — Watsco Inc. announced the acquisition of Alert Labs Inc., a technology company founded in 2015 and based in Kitchener, Ontario, Canada. Terms of the acquisition were not disclosed.
Alert Labs develops, designs, and builds IoT hardware and software, including cloud-based and mobile solutions aimed at protecting homes and businesses from damage and unnecessary expenses. Alert Labs will continue to develop and sell its current product portfolio led by its founders.