Control4 CEO Looking for M&A Opportunities
Control4 is “constantly looking” for merger and acquisition opportunities, said CEO Martin Plaehn at a Raymond James technology investor conference. Plaehn referred to “lots of innovation” in the connected home market in physical products, software and cloud-based services. Noting products…
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from video switching company Leaf, which it bought in 2015, and Pakedge Networks, bought this January, Plaehn said Tuesday that his company also looks at businesses that offer incremental revenue opportunity from adjacent categories. On voice control interfaces, Plaehn said voice input adds to the connected home experience, though it can be difficult to manage when controllable devices number more than 100.