Transaction marks Ezlo’s third acquisition in less than a year, expanding its family of brands
CLIFTON, N.J.–(BUSINESS WIRE)–Ezlo Innovation, a global leader in the development of smart solutions for homes and businesses, today announced the acquisition of Alabama-based Centralite Systems, maker of the Centralite line of consumer and white-labeled smart home devices. The acquisition adds another strategic piece to Ezlo’s growing family of brands, and gives their customers even more choice in which smart products they use to add convenience and comfort to their everyday lives.
With the acquisition, Ezlo Innovation expands its product portfolio to include smart thermostats, switches, and sensors, which will integrate seamlessly with its Vera controller and camera product lines. The acquisition moves Ezlo closer to its goal of becoming a technology-agnostic platform, and its stated promise to connect to everything in the nearly $40 billion U.S. smart home market.
“We continue to strategically grow our family of brands to move the smart home market closer to a world where products just work,” said Mark Samuel, CEO of Ezlo Innovation. “As many brands today are reducing the number of devices with which they integrate, we’re taking the opposite approach. By adding Centralite to our product portfolio, we will accelerate the integration process for our customers and make it easier for them to choose which products they want to use for their smart home systems, rather than having those decisions made for them.”
This acquisition follows Ezlo Innovation’s August 2018 acquisition of MiOS, a smart home services platform, along with its Vera branded line of consumer products, and the October 2018 acquisition of Fortrezz, a leader in intelligent leak detection and flood prevention solutions. For more information about Ezlo Innovation and its family of smart devices, please visit www.ezlo.com.
About Ezlo Innovation
Ezlo Innovation empowers advancement on a global scale, with a unique, four-pillar platform designed to deliver best-in-class smart solutions to homes and businesses across categories like wellness, insurance, security, energy, and property management. Ezlo is headquartered in Clifton, New Jersey, with offices in Ukraine, Romania, and Colombia. Learn more at www.ezlo.com.
