Nortek Being Acquired by Investment Firm Melrose Industries, to be Packaged for Resale

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UK-based Melrose Industries, Plc, likes to “buy, improve, sell” manufacturing companies within two to three years. Nortek makes residential products including ventilation, security, home automation, audio/video under brands such as Broan, Nutone, Core Brands and 2Gig.

Source: Nortek Being Acquired by Investment Firm Melrose Industries, to be Packaged for Resale – CE Pro

ISC West: New Smart-Home Products On Way From Alarm.com, Kwikset, Nortek, URC | Twice

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Smart home suppliers are expanding the capabilities of their systems, entering new niches, and expanding their product selections as the smart-home market continues to grow.

Source: ISC West: New Smart-Home Products On Way From Alarm.com, Kwikset, Nortek, URC | Twice