Resideo Technologies acquires First Alert to extend their existing home sensor solutions

Resideo Technologies, Inc., a global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, announces that it has entered into a definitive agreement to acquire First Alert, Inc., a provider of home safety products, from Newell Brands Inc. for $593 million in an all-cash transaction, or approximately $547 million net of expected future tax benefits.

Home safety market