Add-on Acquisition • Software

Nortek Control Acquires IntelliVision

On May 9, 2018, Nortek Control acquired software company IntelliVision

Acquisition Context
  • This is Nortek Control’s 1st transaction in the Software sector.
  • This is Nortek Control’s 2nd transaction in the United States.
  • This is Nortek Control’s 1st transaction in California.
Investment Fate
  • IntelliVision was divested to a consortium of strategic buyers in 2024.

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M&A Deal Summary

Date May 9, 2018
Target IntelliVision
Sector Software
Buyer(s) Nortek Control
Deal Type Add-on Acquisition

Target Company

IntelliVision

San Jose, California, United States
IntelliVision is a provider of video analytics software for smart cameras, providing video analytics solutions for several markets including Smart Home/IoT, Smart Security, Smart Retail, Smart City, and Smart Auto/ADAS. IntelliVision was founded in 2003 and is based in San Jose, California.
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Buyer Overview 1

Buyer

Nortek Control

Carlsbad, California, United States

Category Company
Founded 1961
Sector Electronics
DESCRIPTION

Nortek Control is a developer of technology for security, home automation, control, power, AV and entertainment, access control, health, and artificial intelligence (AI) systems for residential and commercial markets. Nortek Control was founded in 1961 and is based in Carlsbad, California.


Deal Context for Buyer #
Overall 2 of 2
Sector: Software 1 of 1
Type: Add-on Acquisition 1 of 1
State: California 1 of 1
Country: United States 2 of 2
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-30 Numera - Health & Wellness Technology Business

United States

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-05 IntelliVision

San Jose, California, United States

IntelliVision is a provider of video analytics software for smart cameras, providing video analytics solutions for several markets including Smart Home/IoT, Smart Security, Smart Retail, Smart City, and Smart Auto/ADAS. IntelliVision was founded in 2003 and is based in San Jose, California.

Sell -