Holland & Knight Advises ipDatatel in Home Security Industry Merger
HOUSTON (September 19, 2017) – Holland & Knight represented ipDatatel, a leading provider of cellular and Internet-based smart alarm devices, in its merger with Resolution Products, a company that provides wireless technologies to alarm dealers and installers. The deal was announced on Sept. 6.
Prior to the merger, the companies have jointly sold a complete security, alarm, access control and automation solution for smart homes and commercial installations using the Resolution Products’ Helix alarm panel and ipDatatel’s Universal Alarm Communicators and Cloud services.
"Nowadays, consumers are filling their homes with the latest DIY home automation technology such as the Amazon Echo™ with Alexa™ and Nest™ smart thermostats/cameras," said Russell Vail, CEO of ipDatatel. "The merger of Resolution Products and ipDatatel will bring these homeowners or renters a suite of solutions that connect legacy alarm systems, new installations and DIY automation in a simpler, more intuitive way. Additionally, the technology will be less expensive and faster for the installer to both set up and maintain."
Holland & Knight Corporate Partner Aaron Slavens led the firm’s representation of ipDatatel with the assistance of associates Gabriela Botifoll and Deryk Loiacono.