Comcast Completes Purchase of Icontrol's Connected Security Business
Comcast wrapped up its acquisition of Icontrol Networks’ Converge business for connected home security Wednesday, said Daniel Herscovici, senior vice president/general manager, Xfinity Home, in a blog post. Converge is the platform behind Xfinity Home, ADT Pulse and other connected…
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home security services. IControl Networks agreed to sell the Converge platform to Comcast last summer (see 1606230060 and 1701120067) and its Connect business to Alarm.com. With the Converge platform, Comcast Xfinity Home is expanding into a “new wholesale line of business,” said Herscovici. Converge will continue to provide the underlying platform that powers home security and automation services to multichannel video programming distributors that Icontrol was serving in the U.S., Australia, Canada, and Japan, he said, and it will offer wholesale services to new domestic and international customers. Xfinity Home is establishing an IoT Center of Excellence in Austin, where IControl is based, to act as a hub for engineers and developers to support Xfinity Home’s various IoT businesses, he said.