Resideo Acquires LifeWhere
Plans to integrate technology into smart home offerings
AUSTIN, Texas — Resideo Technologies Inc. announced it has acquired LifeWhere.
“LifeWhere is a perfect fit for our portfolio of home comfort solutions and demonstrates our commitment to connecting consumers with the do-it-for-me professional contractor channel to provide a safe, healthy, and efficient home, accessible to all,” said Mike Nefkens, president and CEO of Resideo. “Through our network of 110,000 professional contractors, we are well positioned to help professionals conduct preventative appliance maintenance. By empowering our pros to diagnose and repair ‘behind the wall’ appliance issues proactively, they can mitigate the inconvenience of a catastrophic appliance failure.”
The announcement marks the third acquisition by Resideo since it became a standalone, publicly traded company following its spinoff from Honeywell in October 2018. LifeWhere is a Pittsburgh, Pennsylvania, based startup founded in 2016. The company’s remote monitoring and diagnostics solutions bridge the gap between homeowners and service experts, expanding the smart home as a service market. Resideo will look to strategically integrate the remote monitoring technology into the company’s smart home offerings.
Publication date: 7/2/2019