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Control4 Acquires Pakedge Device & Software
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| Topic: | Control4 Acquires Pakedge Device & Software This thread has 17 replies. Displaying posts 1 through 15. |
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| Post 1 made on Thursday February 4, 2016 at 16:36 |
MacrossZero Active Member |
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Posts: | March 2009
594 |
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Who are they going to buy next??
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Do or Do not, There is no Try. |
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| Post 2 made on Thursday February 4, 2016 at 16:36 |
BlackWire Designs Senior Member |
Joined:
Posts: | September 2006
1,401 |
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This is the crazy part
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.
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BlackWire Designs |
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| Post 3 made on Thursday February 4, 2016 at 17:31 |
Impaqt RC Moderator |
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Posts: | October 2002
6,233 |
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32.7mil?
o.O
I would of never guessed pakedge was worth near that.. I would of guesses closer to 3.2 mil
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| Post 4 made on Thursday February 4, 2016 at 18:17 |
buzz Super Member |
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Posts: | May 2003
4,380 |
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Does this mean that only C4 dealers can buy product and access support going forward? (Remember that little Extra Vegatables deal?)
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| Post 5 made on Thursday February 4, 2016 at 18:22 |
PSS Select Member |
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Posts: | December 2002
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On February 4, 2016 at 18:17, buzz said...
Does this mean that only C4 dealers can buy product and access support going forward? (Remember that little Extra Vegatables deal?) I wonder???? Who knows.........time will tell. But I'd guess they wouldn't but they may limit certain products to "non C4 Delaers" down the road.
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| Post 6 made on Thursday February 4, 2016 at 18:31 |
Impaqt RC Moderator |
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Posts: | October 2002
6,233 |
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" Control4 intends to fully support the Pakedge product-line for all Pakedge dealers, regardless of whether they are also Control4 certified dealers. "
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| Post 7 made on Thursday February 4, 2016 at 18:45 |
Audible Solutions Super Member |
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Posts: | March 2004
3,246 |
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Why is this acquisition synergistic to C4 and its dealers? Someone elsewhere spoke of Bakpak 3.0 and the need in resi for a superior network product that includes support. That I get but there are better alternatives, that include products that are more reliable.
Alan
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"This is a Christian Country,Charlie,founded on Christian values...when you can't put a nativiy scene in front fire house at Christmas time in Nacogdoches Township, something's gone terribly wrong" |
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| Post 8 made on Thursday February 4, 2016 at 18:57 |
ichbinbose Select Member |
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Posts: | August 2011
1,824 |
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On February 4, 2016 at 17:31, Impaqt said...
32.7mil?
o.O
I would of never guessed pakedge was worth near that.. I would of guesses closer to 3.2 mil Lol, I just had that conversation with springs. Personally, I think someone was sold a bag of goods on this purchase
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| Post 9 made on Thursday February 4, 2016 at 19:03 |
Audiophiliac Super Member |
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Posts: | August 2006
3,312 |
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I like the direction C4 has been heading since they went public honestly. Card Access, EV, Leaf, and now Pakedge. Next? A security company? Interlogix? Houselogix? Bring it all in house. I have heard polarizing opinions on Pakedge over the years. People either swear on them or swear at them it seems. I would have almost expected them to have bought Luxul....maybe they offered and Jeff declined. Who knows.
Started the install of our first EA series controllers today. Will finish in a few weeks. So far, so good.
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"When I eat, it is the food that is scared." - Ron Swanson |
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| Post 10 made on Thursday February 4, 2016 at 19:06 |
Now i have a reason to hate C4. Free pakedge, forget it
Lol, i wonder if savant will still recommend them
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how in the hell does ernie make money? |
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| Post 11 made on Thursday February 4, 2016 at 20:31 |
Dave in Balto Super Member |
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Posts: | January 2008
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What's going to happen to their offering of luxul and ruckus?
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Hey, careful man, there's a beverage here!
The Dude |
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| Post 12 made on Thursday February 4, 2016 at 21:08 |
Audiophiliac Super Member |
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Posts: | August 2006
3,312 |
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As of now they are still selling it. But you can get it for same or better pricing elsewhere.
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"When I eat, it is the food that is scared." - Ron Swanson |
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| Post 13 made on Thursday February 4, 2016 at 21:42 |
BlackWire Designs Senior Member |
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Posts: | September 2006
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On February 4, 2016 at 21:08, Audiophiliac said...
As of now they are still selling it. But you can get it for same or better pricing elsewhere. like from me :X
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BlackWire Designs |
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| Post 14 made on Thursday February 4, 2016 at 21:47 |
designed Long Time Member |
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I wouldn't be surprised if they were in a bidding war with Snap. I know Snap has their own stuff but from what I hear it needs help.
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| Post 15 made on Friday February 5, 2016 at 07:56 |
longshot16 Super Member |
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Posts: | November 2009
3,442 |
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They should have bought Ihiji in my opinion. That or they need to pull backpak out of the network patroller and make is like OVRc.
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The Unicorn Whisperer |
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