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Tag: SnapAV

  • ADI | Snap One Launch New and Improved Episode Hybrid Amplifiers

    ADI | Snap One Launch New and Improved Episode Hybrid Amplifiers

    ADI | Snap One has launched new and improved Episode Hybrid Amplifiers, designed to meet the growing demand for powerful, flexible audio solutions in large-scale outdoor installations. With models offering 1200W and 2400W of power, these amplifiers provide enhanced versatility, supporting both 70V and 8-ohm systems. Customers can easily customize their setups with intuitive DSP settings, ensuring top-tier performance for both commercial and residential applications. The amplifiers integrate seamlessly with Episode’s Surroundscape and Radiance outdoor speakers, allowing users to create premium outdoor audio experiences.

    The new Hybrid Amplifiers are a response to the increasing demand for high-quality outdoor sound systems that match the excellence of indoor setups. With flexible inputs, adjustable outputs, and reliable performance, they support a wide range of installation needs. Now available internationally, these amplifiers are part of Snap One’s broader Outdoor Solutions Suite, which includes lighting, TVs, and networking products, offering customers an all-in-one solution for outdoor entertainment.

    ADI | Snap One introduced a new line of Episode Hybrid Amplifiers, designed to meet the demands of large-scale outdoor speaker installations. These high power and versatile amplifiers are significantly more powerful with 1200W and 2400W models, giving customers more options than previous models for easy and flexible configurations.

    “As a combined business, the size and scope of our outdoor audio systems is expanding, and our customers increasingly need a powerful amplifier to deliver the exceptional outdoor and indoor listening experiences their clients expect. Today’s end-users are no longer willing to sacrifice quality when it comes to outdoor entertainment – they want their outdoor audio systems to match the sound quality of their indoor setups,” said Michael Buratto, Director of Product Management for Episode Multi-Room Audio at Snap One. “The new and improved Hybrid Amps are designed to meet this dual need, along with providing features that enhance versatility and simplify the installation and configuration process.”

    The Episode Hybrid Amps support both 70V and 8-ohm systems, giving customers the flexibility to mix and match speakers and subwoofers, including Episode’s outdoor Surroundscape speakers and Radiance speakers. Customers can also customize DSP settings for each project using either an intuitive web-based interface or the amp’s high resolution front panel display. Inputs and outputs are fully adjustable to accommodate a variety of source types and levels, from balanced and RCA analog inputs, to digital coax inputs. Episode rigorously tested the Hybrid Amps to ensure lasting performance across a wide range of commercial and residential applications.

    “We’re committed to continue investing in our product portfolio and to ensure we’re working closely with our customers in order to offer them the latest and greatest solutions they need to help grow their businesses,” added Buratto. “Together, ADI and Snap One are focused on innovating throughout the indoor and outdoor audio space, and these new Episode Hybrid Amps are a testament to our ability to do so.”

    The redesigned Episode Hybrid Amps pair seamlessly with Episode’s Surroundscape speakers and Radiance speakers and enhances the ADI and Snap One Outdoor Solutions Suite, which includes TVs, lighting, networking, and more, allowing customers to create fully customizable outdoor entertainment experiences for their clients.

    The Episode Hybrid Amps are now available to ADI | Snap One customers internationally across U.S., Canada, LATAM, EMEA, and APAC, through distribution channels as well as through SnapAV.com, and Control4.com.

  • SnapAV to Acquire Access Networks

    SnapAV to Acquire Access Networks

    CHARLOTTE, N.C. – Furthering its position as a complete one-stop shop for integration Partners, SnapAV announced that it will acquire premier networking solutions provider Access Networks. The acquisition is expected to close later this month. The acquisition will broaden SnapAV’s networking portfolio with new products and managed services including system design, configuration, monitoring, and support.

     

    “Adding Access Networ ks to the SnapAV portfolio enables our Partners to tackle any size commercial or residential network project,” said G Paul Hess, SnapAV Chief Product Officer. “The pandemic has affirmed our belief that a solid network infrastructure is critical in any home or business. Access Networks complements our OvrC-enabled networking solutions including Araknis and Pakedge solutions and strengthens our Partners’ ability to handle network deployments of any size for any need.”

     

    Access Networks combines expert knowledge and experience with leading technologies to design and maintain sophisticated network solutions based on the principle of Keeping You Connected™. Through its products’ robust feature sets and distinctive ease-of-use and reliability, the company provides what Partners need to solve their customer’s most challenging networking problems.

     

    “More SnapAV Partners can now do more complex networking jobs with greater confidence, knowing that they are supported by Access Networks. Their industry-leading team of professionals bring comprehensive experience and high-performance hardware solutions to the SnapAV networking product portfolio,” Hess added.  

     

    With Access Networks’ industry leading design and deployment services, Partners can confidently deliver rapid proposals to satisfy even the most demanding clients and projects. Whether a Partner is bidding to work on a high-end residential property, a small business, or a corporate environment, Access Networks’ advanced managed networks and cutting-edge technologies, including Wi-Fi 6, helps ensure that the job gets done right the first time.

     

    Their team of networking experts provides turnkey networking solutions, with custom designs created specifically for every project. The design, hardware configuration, monitoring, and support that is included in the managed services results in a plug-and-play deployment that is secure, reliable and scalable, making its partners more efficient and productive while ensuring the best experience for their clients.

     

    “By joining the SnapAV family, we believe our combined strengths will accelerate our growth and ability to offer broader and more comprehensive service solutions for our Partners.” said Access Networks CEO Bryce Nordstrand. “We’re excited to see how, together, Access Networks and SnapAV will equip our partners with more capabilities and confidence to grow their business in a way that they wouldn’t have been able to before.”

     

    Further amplifying that point, Access Networks President Hagai Feiner emphasized that, “This acquisition signals the start of the next great chapter in the history of Access Networks.  SnapAV enables us to scale at an unprecedented rate in our core market while enabling us to develop and fully commercialize new market opportunities.”

     

    SnapAV will soon integrate Access Networks solutions with the full family of existing products, including Control4, OvrC, Wattbox, Araknis, and Pakedge, to offer Access Networks deployments with more scale, better control and smart power built into the design.

     

    Access Networks products will be made available through SnapAV’s e-commerce site and network of Local Pro Stores in the coming months. Until then, Partners can visit https://www.accessnetworks.com/ to learn more.  

     

  • ecobee SmartThermostats Now Available Through SnapAV

    ecobee SmartThermostats Now Available Through SnapAV

    CHARLOTTE, N.C. – SnapAV announced the immediate availability of ecobee smart thermostats, giving every SnapAV partner access to the consumer-favorite product line and further delivering on the company’s commitment to offer the most-requested and best-in-class products to our partners.

    The newly available product line includes three smart thermostat models, sensors, junction box adapters and a power extender. This lineup offers SnapAV partners a modern, intuitive, and easy-to-use solution that learns user habits to deliver enhanced comfort and cut energy costs by an average of 23 percent annually.

    “Every SnapAV partner and project deserves the latest and greatest solutions, and ecobee’s smart thermostats provide class-leading climate control for standalone installations, as well as integrating with existing smart home systems, including Control4,” said Mike Jordan, Senior Vice President of Control & Entertainment, SnapAV. “By carrying this popular brand, SnapAV partners can now respond quickly to specific client requests with online availability and same-day pickup at SnapAV Local Pro Stores.”

    “SnapAV’s wide array of product offerings are designed to make contractor setup seamless and enable amazing homeowner experiences,” said Derrick Boyce, Executive Vice President of Sales, ecobee. “Their network of partners allows consumers to upgrade their homes with ecobee products, while offering the same peace of mind that comes with professional installation.”

    ecobee’s ENERGY STAR certified thermostats harmonize a home’s heating and cooling, delivering improved comfort and simplicity while significantly reducing energy use. The thermostats are simple to control and program through the ecobee smartphone app and through leading smart home system interfaces, provide alerts on system health, push notifications for unexpected changes in temperature and room-specific monitoring through ecobee SmartSensors. In addition to the products’ attractive on-wall appearance, learning capabilities and remote and voice control options, ecobee also offers dealers better margins than any other standalone smart thermostat.

    The ecobee mobile app offers users full mobile control of their home’s temperature whether they are lying in bed or on their way home from the airport. The ecobee3 lite Pro provides intelligent climate control that learns users’ preferences and suggests schedule changes, while the SmartThermostat Pro with voice control adds built-in Alexa and the ecobee EMS Si Thermostat is compatible with wired sensors for monitoring temperature in walk-in fridges and freezers.

    What’s more, ecobee’s API enables seamless integration with the Control4 system, in which case the SmartSensors can also act as room occupancy sensors for even greater simplicity and comfort.

     

     

  • Educating For A Better Experience With SnapAV at CEDIA Expo 2020

    Educating For A Better Experience With SnapAV at CEDIA Expo 2020

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    CEDIA Expo 2020 is going on, and we’re in the middle of this virtual event. This time it is entirely online as CEDIA Expo Virtual September 15-17. Last year it was just announced that SnapAV and Control4 were coming together, and now that we’ve had a year to see what fruits that would bear we talk to Senior Director of Marketing for SnapAV Kordon Vaughn about their progress. We also have a discussion about the new products being showcased at their virtual booth. SnapAV’s virtual booth can be found here.

    Find out more of our coverage of CEDIA Expo Virtual by clicking right here.

    In 1989, CEDIA was founded by a group of professionals dedicated to innovating the then-fledgling Audiovisual industry. It has since grown from being considered a hobby to one of the largest industries for manufacturers, distributors and integrators on both the commercial and residential side. What started as a show in Amelia Island, FL hosting 500 attendees has become one of the premier venues for showcasing up-and-coming technology for our industry. CEDIA Expo 2020 was scheduled to take place in person in Denver, CO on September 8-12. Since then the COVID-19 pandemic has caused many events including CEDIA to be postponed or cancelled. Instead, CEDIA has worked to bring the show’s experience online as part of CEDIA Expo Virtual taking place September 15-17.

    AVNation is a news outlet made by and for audiovisual professionals. Every one of our panelists, writers, producers and hosts have worn a hat or several within the AV industry. It’s this unique experience that gives us a fresh look at the industry as a whole and allows us to engage with end users, technology managers, IT managers and AV integrators in a meaningful way. Everything that AVNation does in events like CEDIA Expo and Integrated Systems Europe are in part made possible by our supporters and underwriters who provide financial support for AVNation. If you have questions about the shows or have a unique experience to offer please contact AVNation by clicking here. We are always looking for different viewpoints within the AV industry.

  • SnapAV launches Neeo Remote for Control4

    The touchscreen remote works in tandem with Control4’s Smart Home OS 3 platform. 

    Charlotte, NC — SnapAV has launched the Neeo Remote for Control4. Neeo is a touchscreen remote that delivers highly refined control of home entertainment experiences through the powerful Control4 Smart Home OS 3 platform. 

    Neeo is a sleek, intuitive remote control for the Control4 Smart Home OS, giving homeowners fast access to the things they use most — their favorite streaming services, most-watched TV stations, playlists, room-level or household-level smart home scenes, and much more. Neeo is the first Control4 handheld remote to combine the benefits of hard buttons and a touchscreen, providing an elegant smart home interface fully personalized to meet the unique interests and devices for any home. 

    “The modern smart home needs simple interfaces to start a movie, select a playlist, or lock a door. Neeo was expertly designed to be beautiful, and with Control4 OS 3, it’s also the easiest way for a family to enjoy entertainment in their homes,” said Charlie Kindel, SnapAV chief product & technology officer. “Neeo is a reflection of our obsession for creating the most elegant and simple interfaces for the refined smart home.” 

    Thoughtfully-Engineered Design Reflective of Discerning Homeowners
    Powerful, beautiful, and simple, the Neeo was meticulously designed by Swiss engineers to set a new standard for luxury smart home interfaces. Neeo is built from machined aluminum designed to protect the edge-to-edge touchscreen making the device incredibly durable. Neeo balances perfectly in the hand, embodying the sophistication found in high-end consumer electronic products. Images and icons on the three-inch, high-resolution, LCD touchscreen are crisp and bright to enable quick one-touch navigation. Neeo is available in either silver or black finishes and ships with an elegant charging station. Neeo lasts up to five days on a charge and the low-profile, weighted charging station gives it a stylish home when not in use.

    Built for The Operating System for The Smart Home
    Neeo was built to harness powerful software designed specifically to orchestrate and manage the modern smart home. Control4 Smart Home OS 3 unifies connected devices from major brands, weaves them together for simplicity, and provides a singular voice, touch, and hand-held interface for the whole home. Family members in a Control4 OS 3 powered home have one-touch control and at-a-glance views of virtually every device through voice with Alexa and Google Assistant, the Control4 App, a Control4 Touchscreen, a TV on-screen display and with the Neeo Remote.

    Powerful Automation and Entertainment Control 
    Control4 OS 3 personalization automatically extends through to Neeo. Swiping right on Neeo shows video sources such as a Blu-ray player, video game system, Dish Network, and more. Favoring simplicity, Neeo gives homeowners one-touch icons for the channels they watch most and an on-screen keypad to type in a channel number directly. The touchscreen reduces the number of buttons on the Neeo Remote, making it easier to learn and use. This combination of touchscreen and buttons makes Neeo an ideal universal remote control for entertainment because anyone in the home can intuitively use an icon-driven touchscreen. By including only the most common buttons such as power, mute, volume, and home, Neeo offers easy control without taking eyes off the movie.

    “Neeo is as easy to use as it is beautiful. It’s nice to have all our favorite stations just right there on the main screen and easily accessible. And, unlike the pile of remotes we’ve accumulated, it’s certainly not an eyesore — it’s actually a piece of technology that I don’t mind lying around for guests to see. I’m sure it will even be a conversation starter for many of our friends and family when they come to visit,” said Jennifer Reed, Control4 beta customer.

    Neeo was designed to strike a balance between professional installation and homeowner flexibility. Control4 Pros deliver stronger, safer, and easier-to-use smart home experiences to meet consumers’ needs. New customers can find a local Control4 Pro by visiting a Control4 showroom. Control4 Certified Showrooms will have the new Neeo Remote on display and available to demo on #C4Yourself Day on Thursday, November 21, 2019 from 4 p.m. to 8 p.m. local time. Customers who have Control4 systems running OS 3 can order their Neeo from their Control4 Pro and self-install without a visit from the Pro. 

    Neeo is available exclusively through Control4 Smart Home Pros. The Neeo Remote for Control4 is $600 U.S. MSRP and is ideal for consumers who self-describe as video streamers, music enthusiasts, and smart home scene users who prioritize elegance and premium products; the popular Control4 SR-260 Remote continues to be available for $330 U.S. MSRP.

  • Keeping Systems Up And Running With Control4 At CEDIA Expo 2019

    With All Our Powers Combined

    As part of coverage for CEDIA Expo 2019, Matt Scott talks to Senior Director of product marketing for Control4 Brad Hintze at the SnapAV + Control4 booth about the merger between Control4 and SnapAV, and the latest additions to OS 3.

    A new processor for OS3 solutions utilizes redundant components like fans and processors. This allows systems to stay connected in the event of an error or hardware issue.

    Through Alexa, Control4 systems recieve 37,000 commands daily. In addition to Amazon Echo support, Control4 is now adding Google Assistant implementation to give dealers more choice for their solutions.

    Control4 debuted at the 2004 CEDIA Expo for the newly developed home automation market. Since then it has made solutions for intelligent lighting, smart home interfaces, multi-room audio and more. In February of 2019 Control4 acquired Switzerland-based Neeo specializing in mutli-device remotes. In August of 2019 Control4 completed a merger with consumer technology manufacturer SnapAV. AVNation has previously discussed this merger with SnapAV and Control4.

    More information about Control4 and their products can be found on their website.

    For more of our coverage of all that’s happening at CEDIA Expo 2019, click right here.

    AVNation is a news outlet made by and for audiovisual professionals. Every one of our panelists, writers, producers and hosts have worn a hat or several within the AV industry. It’s this unique experience that gives us a fresh look at the industry as a whole and allows us to engage with end users, technology managers, IT managers and AV integrators in a meaningful way. Everything that AVNation does in events like InfoComm and CEDIA Expo are in part made possible by our supporters and underwriters who provide financial support for AVNation. If you have questions about the shows or have a unique experience to offer please contact AVNation by clicking here. We are always looking for different viewpoints within the AV industry.

  • Control4 and SnapAV kick CEDIA Expo off with major announcements, upgrades

    SnapAV Heyman and Kindel lay out vision for dealers

    Denver, CO — —SnapAV, a leading provider of A/V, surveillance, networking, automation, and remote management products for professionals, announces Control4® Smart Home OS 3. This release includes expanded voice control capability through the Google Assistant, integration with third-party smart doorbells through Intercom Anywhere, and a new high-availability automation controller to power large homes.

    “Control4 Smart Home OS 3 was designed as the ultimate solution for today’s smart home, giving each homeowner a unique and personalized experience that unifies all connected devices for control in a single platform,” said SnapAV Chief Product & Technology Officer Charlie Kindel. “But Control4 OS 3 is also designed to evolve with the needs of homeowners and the industry. We’re setting the bar even higher with new personalization features and integrations with tens of thousands of devices, which now includes voice control using Google Assistant.”

    Google Assistant Integration

    With Control4 OS 3, homeowners can choose from tens of thousands of devices to create a system that suits their lifestyle and preferences. Integration with Google Assistant adds to the variety of capabilities that Control4 supports for natural control interfaces, including the Control4 App, handheld remote, wall keypads, touch screens, and more. Google Assistant integration enables homeowners to use an “OK Google” voice command to adjust lights, scenes, blinds, locks, thermostats, fans, and more in their Control4 system. The integration is compatible with any Google Assistant-powered speaker or smart display, such as a Google Home Hub, or any smartphone with the Assistant. Homeowners can add Google Assistant to their system on their own and can customize their voice experience via customer.control4.com.

    Intercom Anywhere Now Supports More Video Doorbells

    Connecting homeowners with both welcome and unwelcome guests on their front porch via audio and video calls is quickly becoming a staple in smart homes. With the latest release of OS 3, Control4 Intercom Anywhere expands support for popular third-party doorbells. Smart home professionals can integrate support IP-based video doorbells into a Control4 system and use Intercom Anywhere to make and receive calls from Control4 touch screens, mobile devices and more. Intercom Anywhere now also supports multi-family installations, where a centralized doorbell can be used by multiple housing units, to direct a call to the appropriate tenant.

    A Control4 smart home keeps homeowners in the know, and with more than 35,000 different  connected devices managed by Control4 systems running OS 3, homeowners aren’t plagued by limited walled systems. With the addition of new smart doorbells, the ecosystem continues to grow, giving homeowners the opportunity to receive a notification the moment their child arrives home from school, see who’s at the door, tell a delivery driver to leave a package in the entryway, and lock the door as they depart. Control4 OS 3 and Control4 controllers, coupled with the largest third-party smart home ecosystem, empower users with full control and management of everything happening in and around the home – whether it’s an apartment, 2,000 square foot one-level ranch, or 80,000 square foot luxury vacation home.

    CA-10 Controller Powers High-Availability Smart Homes

    Designed for large installations where redundancy and high-availability are required to meet customer expectations, the CA-10 controller delivers four times the processing power and memory of the EA-5 controller for consistent performance, even when controlling thousands of devices. The CA-10 includes redundant power supplies, network ports, sold state drives, and fans, ensuring continuous operation even in the rare case of a hardware failure. When a pre-programmed fail-over event occurs, the dealer is automatically notified, allowing them to immediately troubleshoot the issue. The Control4 CA-10 is available now through Control4 Authorized Dealers at $4,000 U.S. MSRP and includes a five-year warranty.

    “Whether a customer wants to start small or fully automate a huge mansion, OS 3 scales elegantly. The CA-10 controller sits firmly at the high-end of our controller line ensuring there is no job too big for Control4.” said Charlie.

    Other Control4 OS 3 enhancements now available include:

    • Push notifications with camera snapshot: For enhanced security, homeowners can now receive push notifications with a snapshot from security cameras on their smartphone in systems using Control4 OS 3 and 4Sight along with Luma and Visualint cameras.
    • More powerful Media Sessions: Music control is enhanced with new capabilities on the Media Sessions screen including room-level volume control, mute, and transport controls. 
    • On-screen lighting control: Homeowners can now control their lights and lighting scenes from the TV on-screen interface, quickly switching from a single room view to viewing all lighting devices in the system.
    • Pinch, zoom, and pan camera view: Pinch and zoom camera control is now available on the T3 Touch Screen, Android and iOS mobile devices, and panning the image can be done with a single finger swipe.
    • Composer Pro version independence: Composer Pro 3.1 is the one version needed to manage all projects 3.0 and higher, replacing Composer 3.0.

    More information about Control4 Smart Home OS 3 and the CA-10 can be found at www.control4.com.

  • Previewing CEDIA 2019 With Control4

    With CEDIA Expo 2019 well on its way, we talk to Brad Hintze from Control4 about what both Control4 and SnapAV will be bringing to their booths at 3013 and 3707 respectively. We also discuss the recent merger between Control and SnapAV, and how this will affect both companies moving forward.

    Control4’s merger with SnapAV was currently discussed with Charlie Kindel and John Heyman on an AVNation Special, which can be found here.

  • SnapAV merges with Control4

    Control4 board approves $680 million deal

    CHARLOTTE and SALT LAKE CITY – SnapAV, a leading manufacturer and primary source of A/V, surveillance, networking and remote management products for professional integrators, and Control4 Corporation (NASDAQ: CTRL) (“Control4”), a leading global provider of smart home solutions, today announced that they have entered into a definitive merger agreement (the “Agreement”) whereby SnapAV will acquire Control4 in an all-cash transaction for $23.91 per share in cash, representing an aggregate value of approximately $680 million.

    This highly complementary combination will leverage the increased resources of the two companies to provide integrators with a true one-stop shop, offering a complete product portfolio of custom smart-home, control and automation solutions. Together, SnapAV and Control4 will drive increased innovation, simplified integration and compelling solutions that meet the demands of today’s expanding smart home industry. With leading technology solutions, a broad geographic footprint and exceptional service organizations, the combined company is poised to provide integrators with better opportunities to serve customers in the connected home and business markets.

    Control4’s Board of Directors has unanimously approved and recommended that stockholders vote in favor of the transaction. Under the terms of the Agreement, SnapAV will acquire all the outstanding common stock of Control4 for $23.91 per share in cash. The purchase price represents a premium of approximately 40% over Control4’s closing price on May 8, 2019, the last trading day prior to execution of the Agreement, and a premium of approximately 38% over Control4’s 30-trading day weighted average share price ended on May 8, 2019. Private equity investment firm Hellman & Friedman—SnapAV’s majority shareholder since 2017—will invest additional equity as part of the transaction and be the majority shareholder of the combined company.

    As award-winning industry leaders renowned for quality, service and continuous innovation, SnapAV and Control4 share a deep understanding of and commitment to the custom installation industry and are dedicated to making professional integrators more successful. By merging, SnapAV and Control4 will combine the talent of their collective 1,200+ employees, market-leading solutions, exceptional interoperability and channel platform, dealer-first programs, global distribution and financial resources to deliver value in ways no one else can — enabling integrators to serve their customers better and grow their businesses. 

    “We have pursued the mission of making our integrators’ lives easier since SnapAV was founded,” said John Heyman, chief executive officer of SnapAV. “Dealers will be able to buy leading solutions, access the best service technicians in the industry and experience simpler installation through purchasing, support and seamless product integration.

    “Over the past several years, we have accomplished a number of goals we felt were critical to the success of integrators and the continued growth of SnapAV—including offering local delivery and pick-up through the acquisition of distribution sites around the country and expanding the suite of products available to support integrators. Merging with Control4 and its outstanding team will help us execute on our third critical goal: delivering the industry’s leading automation platform that integrates with the numerous technologies and products required to create customized smart home experiences homeowners desire. Control4 offers a leading automation platform, along with key smart home solutions in the audio, video, lighting, security and networking categories. We are especially excited by the fact that both of our companies have similarly strong “customer first” corporate cultures centered on quality, service and innovation, and we look forward to creating new and exciting opportunities for the teams at both Control4 and SnapAV. In sum, the two companies will be better together, with better service, better solutions and better opportunities for integrators and employees.”

    “We believe today’s announced transaction delivers compelling and immediate value to Control4 shareholders in the form of a significant share price premium, and we are excited to have the opportunity to join with the SnapAV team,” said Martin Plaehn, chairman and chief executive officer of Control4. “Together with SnapAV, we will be able to invest even more in innovation, bring together and build upon the very best of our combined capabilities, and do so with improved reliability, responsiveness, security, and privacy for consumers. Today’s announcement will enable us to better serve the expanding smart home market, making the lives of integrators easier and their businesses more effective and efficient.”

    Together the combined company will bring a deep understanding of the industry and an unmatched passion for providing best-in-class solutions and service with one objective: create better experiences for consumers and the integrators who serve them. Product integration, remote management, expert service technicians, product simplification, training and timely logistical capabilities will ensure every install is easier, more reliable and delivers fantastic experiences to consumers where they live and work.

    “The combination of Control4 and SnapAV is transformative for the smart home industry,” said Erik Ragatz, Partner at Hellman & Friedman and chairman of the Board of Directors of SnapAV. “The increased resources of the combined company will enable it to invest more to drive innovation and deliver best-in-class features, functionality and products. This combination will also allow us to support integrators more effectively than ever before in pursuit of our joint goal of bringing the promise of the connected home to life.”

    More than 1,200 employees of the combined company will be led by SnapAV CEO John Heyman and an executive team made up of leaders from both SnapAV and Control4. Control4 CEO Martin Plaehn will join the Board of Directors of the combined company, helping to ensure a smooth integration of the businesses. The merger reflects the value created by bringing together two industry-leading teams of employees who, united, can better serve the needs of the growing smart home segment. The company will share joint headquarters in Charlotte, North Carolina, and Salt Lake City, Utah, with offices and local facilities around the globe.

    Transaction Details

    As part of the Agreement, Control4’s Board of Directors, with the assistance of its advisors, will conduct a 30-day “go-shop” process following the date of the execution of the definitive agreement, during which it will actively initiate, solicit, encourage and evaluate alternative acquisition proposals, and potentially enter into negotiations with any parties that offer an alternative acquisition proposal. Control4 will have the right to terminate the merger agreement to accept a superior proposal, subject to the terms and conditions of the merger agreement. There can be no assurance that this “go-shop” will result in a superior proposal, and Control4 does not intend to disclose developments with respect to the solicitation process unless and until its Board of Directors makes a determination requiring further disclosure.

    Subject to the go-shop, a special meeting of Control4’s shareholders will be held as soon as practicable following the filing of the definitive proxy statement with the U.S. Securities and Exchange Commission (“SEC”) and subsequent mailing to shareholders.

    The transaction, which is expected to be completed in the second half of 2019, is subject to the satisfaction of customary closing conditions, including regulatory approvals and approval by Control4 shareholders.