Resideo Technologies acquires Snap One, a smart-living products provider, for $1.4 billion.

Resideo Technologies, a global tech products company, has completed the acquisition of Snap One, a smart-living products provider, for $1.4 billion. Snap One joins Resideo's ADI Global Distribution segment, enhancing its product offerings and digital capabilities. The deal is expected to be accretive to Resideo's Adjusted EPS in the 2025 fiscal year due to increased revenue and improved margins.

June 14, 2024
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