Alarm.com completed the acquisition of a majority stake in CHeKT.

Alarm.com, a platform for the intelligently connected property, completed the acquisition of a majority stake in CHeKT, a cloud platform for remote video monitoring services. Financial terms were not disclosed. “CHeKT is a pioneer and a leader in the RVM space. CHeKT’s deep industry experience has allowed them to design a comprehensive product that fits in seamlessly with monitoring station workflows. Their technology has attracted an impressive roster of partners, and we look forward to building on that momentum with the CHeKT team,” Jeff Bedell, Alarm.com President of Ventures Business and Corporate Strategy.