M&A Deal Summary

Control4 Acquires NEEO AG

On February 4, 2019, Control4 acquired technology hardware company NEEO AG

Acquisition Highlights
  • This is Control4’s 4th transaction in the Technology Hardware sector.
  • This is Control4’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2019-02-04
Target NEEO AG
Sector Technology Hardware
Buyer(s) Control4
Deal Type Add-on Acquisition

Target

NEEO AG

Solothurn, Switzerland
NEEO AG is a smart home automation system. It's the simplest way to connect and control all the devices in your home. NEEO AG was founded in 2016 and is based in Solothurn, Switzerland.

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Buyer(S) 1

Buyer

Control4

Salt Lake City, Utah, United States

Category Company
Founded 2003
Sector Technology Hardware
Employees670
Revenue 272M USD (2018)
DESCRIPTION

Control4 Corp. is a provider of automation systems for homes and businesses, offering personalized control of lighting, music, video, temperature, security, communications and similar functionalities into a unified home automation solution that enhances the daily lives of its customers. Control4 was founded in 2003 and is based in Salt Lake City, Utah.


DEAL STATS #
Overall 6 of 6
Sector: Technology Hardware M&A 4 of 4
Type: Add-on Acquisition M&A Deals 6 of 6
Country: Switzerland M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-03 ihiji

Austin, Texas, United States

ihiji, Inc. is a provider of remote management services for technical integrators servicing connected home customers. ihiji, Inc. was founded in 2009 and is based in Austin, Texas.

Buy -