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Stock impact report

Alarm.com Acquires OpenEye to Expand Commercial Solutions

Alarm.com Holdings, Inc. (ALRM) 
Last alarm.com holdings, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.alarm.com/investor-relations
Company Research Source: Business Wire
Video Surveillance-as-a-Service Offering Creates Growth Opportunities in Enterprise Market for Service Providers TYSONS, Va.--(BUSINESS WIRE)--Alarm.com (Nasdaq: ALRM) today announced a majority-stake acquisition of OpenEye, a leading provider of cloud-managed video surveillance solutions for the commercial market. OpenEye is optimized for enterprise-level commercial customers requiring expansive video recording capabilities, in addition to remote viewing, administration and diagnostic reporting. Combined with the Alarm.com for Business offering, service providers partnered with Alarm.com now have a best-in-class solution to accommodate commercial accounts of any size.OpenEye’s intelligent cloud architecture efficiently distributes video and event data to maximize control for both onsite command center operators and remote administrators. The unique hybrid solution delivers the high-resolution long-term storage, low bandwidth consumption, and centralized cloud management that enter Show less Read more
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