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Announced

Ezlo Innovation acquired Alabama-based Centralite Systems.

Financials

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smart home solutions

Acquisition

United States

Private

Electronic Components and Equipment

Synopsis

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Ezlo Innovation, a global leader in the development of smart solutions for homes and businesses, acquired Alabama-based Centralite Systems, maker of the Centralite line of consumer and white-labeled smart home devices. Financial terms were not disclosed. “We continue to strategically grow our family of brands to move the smart home market closer to a world where products just work,” said Mark Samuel, CEO of Ezlo Innovation. “As many brands today are reducing the number of devices with which they integrate, we’re taking the opposite approach. By adding Centralite to our product portfolio, we will accelerate the integration process for our customers and make it easier for them to choose which products they want to use for their smart home systems, rather than having those decisions made for them.”

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