Alarm.com Announces Its Acquisition of EnergyHub
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May 10

2013

Alarm.com Announces Its Acquisition of EnergyHub

Alarm.com expands its commitment to solving today's energy and environmental challenges with EnergyHub's leading energy management platform

 

Vienna, VA – May 10, 2013 – Alarm.com, the leading provider of interactive security and connected home services, today announced its acquisition of EnergyHub, an industry leader for demand response and energy efficiency products and services for energy utilities, service providers, and end users. EnergyHub has developed and deployed Mercury, the industry's most comprehensive software platform for enabling rapid deployment of demand response and energy efficiency programs that combine highly engaging customer applications with robust program management services.

EnergyHub will continue to operate as an independent company, led by its founder and President, Seth Frader-Thompson and the existing management team. With a focus on providing its partners and customers with a scalable and secure energy management platform, EnergyHub will continue to expand its customer base and further develop its services platform to meet the growing demands of the market.


Alarm.com CEO Steve Trundle said, "We believe that EnergyHub's Mercury platform provides the best available solution for powering comprehensive residential demand response and energy efficiency programs. We are pleased to directly support EnergyHub in its mission to deliver innovative solutions to today's energy and environmental challenges. By working with EnergyHub, we can help make the Mercury platform even more valuable to its partners and customers, while also extending the smart grid to today's intelligent connected home."


EnergyHub President Seth Frader-Thompson said, "Alarm.com, along with its Dealer Partners, has established an installed base of over one million connected homes. We are incredibly excited to connect our utility partners with Alarm.com's Dealer Partners and subscribers. With the full backing of Alarm.com, we are focused on continuing to accelerate our growth."



About Alarm.com

Founded in 2000, Alarm.com is the industry leading technology provider of connected home solutions. With over one million interactive subscribers, Alarm.com is the largest connected home platform, offering a breadth of services including interactive security, video monitoring, energy management and home automation. From lights, thermostats and locks, to door, window and motion sensors, to garage doors and small appliances, it's all connected and can be controlled through a single, easy to use app. Alarm.com helps consumers manage the expanding Internet of Things through its in-home communication devices and Cloud Services. Through the application of Big Data to improve the intelligence and performance of the services, Alarm.com is leading the next generation of connected home technology. Alarm.com services are delivered exclusively through a network of thousands of licensed and authorized Dealer Partners. For more information, visit the company's website at www.alarm.com.


 

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