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INDUSTRY FIRST

Alarm.Com Acquires Noonlight, A Next Generation Connected Safety Platform

Oct 19, 2022almost 3 years ago

Acquiring Company

Alarm.com

Acquired Company

Noonlight, Inc.

TysonsSt. LouisInformation TechnologySecurityPublic SafetySecurityInformation Technology

Description

Alarm.com (Nasdaq: ALRM) announced today it completed a majority-stake acquisition of Noonlight, a next-generation connected safety and event management platform that enables new applications and provides enhanced emergency response capabilities.

Company Information

Company

Alarm.com

Location

Tysons, Virginia, United States

About

Alarm.com is the leading platform for the intelligently connected property. Millions of consumers and businesses depend on Alarm.com's technology to manage and control their property from anywhere. Our platform integrates with a growing variety of Internet of Things (IoT) devices through our apps and interfaces. Our security, video, access control, intelligent automation, energy management, and wellness solutions are available through our network of thousands of professional service providers in North America and around the globe. Alarm.com's common stock is traded on Nasdaq under the ticker symbol ALRM. For more information, please visit alarm.com.

FundzWatch™ Score

74
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed