Friday, February 5, 2016
Pakedge Device and Software Acquired For $32.7M By Control4
Pakedge Device & Software, a provider of home and business networking products and services, has been acquired by Control4 in a $32.7M deal, the companies said this week. Pakedge has offices in Huntington Beach. Control4 said that the acquisition will help it expand its networking, power management, and cloud-based remote management capabilities. Pakedge had approximately $18.5M in sales in 2015, and had been led by Victor Pak and Dusan Jankov. The company's offices were split between Huntington Beach and Hayward, California.