ASSA ABLOY sells Emtek and the Smart Residential business in the U.S. and Canada in furtherance of the proposed acquisition of the Hardware and Home Improvement

STOCKHOLM, Dec. 2, 2022 ASSA ABLOY has entered into binding agreements with Fortune Brands Home & Security, Inc. (NYSE: FBHS) or (“Fortune Brands”) for the sale of Emtek and the…

Despite Economic Woes, Consumers Drive Smart Home Hardware Revenues to US$30 Billion in 2022

NEW YORK, Nov. 29, 2022 /PRNewswire/ — Despite tightening economic circumstances in many leading markets, consumer spending on smart home devices grew in 2022. According to a new global technology…