Alarm.com, a provider of interactive security and connected home services, has acquired EnergyHub, a provider of demand response and energy efficiency products and services for energy utilities, service providers, and end users.
EnergyHub has developed and deployed Mercury, a comprehensive software platform for enabling rapid deployment of demand response and energy efficiency programs that combine highly engaging customer applications with robust program management services.
EnergyHub will continue to operate as an independent company, led by its founder and President, Seth Frader-Thompson and the existing management team. With a focus on providing its partners and customers with a scalable and secure energy management platform, EnergyHub will continue to expand its customer base and further develop its services platform to meet the growing demands of the market.
EnergyHub’s Mercury platform provides the best available solution for powering comprehensive residential demand response and energy efficiency programs, Alarm.com said. By working with EnergyHub, the company can make the Mercury platform even more valuable to its partners and customers, while also extending the smart grid to today’s intelligent connected home.
Alarm.com, along with its Dealer Partners, has established an installed base of over one million connected homes. The acquisition will in turn help EnergyHub leverage these partnerships to accelerate its growth.