Control4 Buys Pakedge

CONTROL4-PAKEDGEfeat-02-04

Today, Control4 announced the acquisition of Pakedge Device & Software, Inc., a network switch and routing company that was like the Cisco of AV networking as they’ve focused on HomeAV and ProAV IT infrastructure.

Why Pakedge?

  • Market Dynamics:  Networks are the foundation of everything connected, but most home networks today are not fully ready for the expanding requirements of a truly-connected home.  Seamless, scalable, reliable, and secure networks are not just desired, they are required. Pakedge provides Control4 with this important foundation for use in any connected home or business.
  • Technology Leadership:  Pakedge brings to Control4 deep networking expertise, and an industry-leading suite of networking products and rich software capability, as well as integration with a growing list of third-party products. The Pakedge firmware running within their products and their cloud-service software enable dealers and homeowners to monitor, configure, and reset their home networks.
  • Channel Synergy:  Like Control4, Pakedge conducted their business through a broad channel of ~1,700 independent dealers, of which only one third are currently certified Control4 dealers – presenting Control4 with an opportunity to grow the Pakedge product sales through the Control4 dealer network while adding approximately 1100 new dealers.

Control4 acquired Pakedge for approximately $32.7 million in cash on January 29, 2016.  Control4 expects the acquisition to contribute to revenue growth, and to be both Gross Margin and EPS accretive on a non-GAAP basis for the full-year 2016.

Control4 is here and Pakedge is here.

Gary Kayye

About Gary Kayye

Gary Kayye, founder of rAVe Publications, is one of the most prominent personalities in the audiovisual industry. He has been a contributor to WIRED magazine and a technical advisor and columnist for Sound & Communications magazine as well as an opinionated columnist for rAVe [Publications] since 2003. In addition to his writing and market analysis, Gary has been a product, marketing and business operations consultant to dozens of AV companies in the U.S. and overseas. Clients have included companies such as Sony, Sharp, Epson, Lutron, InFocus, Sanyo, Mitsubishi, NEC and Philips.   Gary, who has been involved with the audiovisual market for over 20 years, was the recipient of the InfoComm 2003 Educator of the Year Award and the 2007 NSCA Instructor of the Year Award. Over the years, he has donated much of his time as an active volunteer in the AV industry’s trade association and served as chairman of InfoComm’s Professional Education & Training Committee (PETC), chairman of the ICIA Design School Committee and chairman of InfoComm’s Installation School Committee. In addition, he has served on the InfoComm board of governors. He also helped grow the InfoComm Projection Shoot-Out as the premiere AV industry trade show special event serving on the committee from 1991 through 1997, and was instrumental in launching the Shoot-Out in the European market at the Photokina Expo in 1994 and 1996 as well as the Asian market at the 1995 and 1997 INFOCOMM Asia shows.   Prior to founding his own company, Gary was vice president of sales and marketing for AMX Corporation (www.amx.com), a manufacturer specializing in professional AV and residential AV control systems. Prior to AMX, Gary spent nine years at Extron Electronics (www.extron.com), rising to the position of vice president of sales and marketing. Gary earned his bachelor’s degree in journalism in 1987 from the University of North Carolina and is currently Adjunct Faculty at UNC in the School of Journalism teaching a class on how future technologies will affect the future of advertising, PR and marketing.   He is also the founder of Swim for Smiles, a non-profit that raises money for the N.C. Children’s Hospital through swimming and other fitness-related events for kids. You can contact him at gary@ravepubs.com..