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Resideo Announces Acquisition of Snap One, Boosting Smart Home Presence
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Resideo Announces Acquisition of Snap One, Boosting Smart Home Presence

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David Marsh
Apr 15, 2024
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Resideo Announces Acquisition of Snap One, Boosting Smart Home Presence
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Resideo Technologies (NYSE: REZI) announced today, April 15, 2024, a definitive agreement to acquire Snap One Holdings Corp. (Nasdaq: SNPO) for $10.75 per share in cash. The deal, valued at approximately $1.4 billion including net debt, is expected to close in the second half of 2024.

This acquisition positions Resideo, a leading manufacturer and distrib…

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