Resideo Completes Acquisition of Leading Video Solutions Company Teknique

Acquisition to Strengthen Resideo Video Solutions and Artificial Intelligence Innovation

Scottsdale, Arizona – Feb. 27, 2023 – Resideo Technologies, Inc., a leading global provider of solutions for home comfort, security, and safety, today announced that it has completed the acquisition of Teknique, a leader in edge-based, artificial-intelligence-enabled video camera development and solutions.

Founded in 2004 and based in Auckland, New Zealand, Teknique’s platform enables computer vision solutions and edge artificial intelligence for leading global brands and Fortune 500 companies across a range of industries.

"Resideo is focused on creating products that turn data into innovative solutions and the Oclea by Teknique platform will help lead Resideo into new applications with next-generation video and sensor technology," said Scott Ziffra Senior Vice President, Engineering & Product Management at Resideo. "With the acquisition, Resideo looks to advance our security video strategy, expand our video product portfolio and accelerate our focus on providing actionable intelligence for our customers.”

About Resideo

Resideo is a leading global manufacturer and developer of technology-driven products and components that provide critical comfort, energy management, and safety and security solutions to over 150 million homes globally. Through our ADI Global Distribution business, we are also a leading wholesale distributor of low-voltage security and life safety products for commercial and residential markets and serve a variety of adjacent product categories including audio visual, data com, wire and cable, and smart home solutions. For more information about Resideo, please visit www.resideo.com.