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home / news releases / ALRM - Alarm.com takes majority stake in Noonlight a connected safety platform

ALRM - Alarm.com takes majority stake in Noonlight a connected safety platform

Alarm.com Holdings Inc.

  • Alarm.com ( NASDAQ: ALRM ) on Wednesday said it had completed a majority-stake acquisition in Noonlight, a connected safety and event management platform.
  • Terms of the deal were not disclosed.
  • "Noonlight’s software platform enables context aware event management and emergency response for a range of IoT device vendors," ALRM said in a statement .
  • Noonlight has attracted over 3.5M app users, ALRM added.
  • The company will continue to operate independently and its current management team will continue to lead the business.
  • Alarm.com ( ALRM ) stock earlier closed -1.1% at $63.42.

For further details see:

Alarm.com takes majority stake in Noonlight, a connected safety platform
Stock Information
Company Name: Alarm.com Holdings Inc.
Stock Symbol: ALRM
Market: NASDAQ
Website: alarm.com
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