28 Sep '12, 8pm

Home automation finds growth opportunities in energy management

Home automation finds growth opportunities in energy management

Editor's Note: To learn more about new ecosystems in energy management, be sure to check out [email protected] , November 12-13. The big news last week in the world of residential energy management systems came when Vivint, a security and home automation services business, formally announced that it will be acquired by private equity firm Blackstone Group for $2 billion. The acquisition's hefty price tag shows the remarkable growth opportunities many big players are sensing in the emerging field of home automation and energy management. Companies like Comcast, AT&T and ADT have started offering home automation services alongside their traditional services, and investors -- as evidenced by Blackstone's move -- are seeing opportunities as well. Most home automation services include ways for users to manage energy usage with in-home panels or even remotely with smartphone apps...

Full article: http://www.greenbiz.com/news/2012/09/28/home-automation-g...

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