Alarm.com Holdings Acquires CHeKT to Enhance Video Monitoring Capabilities and Service Offerings

Alarm.com Expands Video Monitoring Capabilities with CHeKT Acquisition

Alarm.com Holdings, a leader in the smart property technology sector, announces its acquisition of CHeKT, a prominent cloud platform specializing in remote video monitoring (RVM) services. This strategic acquisition aims to bolster Alarm.com's footprint in the increasingly competitive professional video monitoring market, which is witnessing a surge in demand for proactive security solutions. CHeKT’s subscription-based RVM services empower central stations and service providers to enhance their offerings, allowing them to address security concerns for both commercial and residential clients effectively.

The integration of CHeKT’s innovative platform with Alarm.com’s existing video solutions presents a unique opportunity for service providers. By incorporating CHeKT’s intuitive interface, operators can swiftly assess video alarm events, ensuring timely responses to potential threats. Alarm.com plans to merge its video solution and OpenEye enterprise video solution into CHeKT’s control room software, which will maintain CHeKT’s operational independence. This approach not only preserves CHeKT’s established identity and partner relationships but also enriches Alarm.com's suite of services, positioning it to offer comprehensive RVM solutions tailored for various property types.

Jeff Bedell, Alarm.com’s President of Ventures Business and Corporate Strategy, underscores the significance of this acquisition, emphasizing CHeKT's pioneering role in the RVM sector and its vast industry expertise. CHeKT's President and Founder, Wes Usie, expresses his enthusiasm for the partnership, recognizing Alarm.com’s capability to help CHeKT scale its video security solutions. Although the financial details of the acquisition remain undisclosed, this move is a pivotal step for Alarm.com in enhancing its service offerings and expanding its market reach within the security technology landscape.

In addition to the acquisition, Alarm.com continues to innovate within the Internet of Things (IoT) ecosystem, serving millions of users through a vast network of professional service providers across North America. The company remains committed to integrating cutting-edge technology into various devices, ensuring a seamless and enhanced user experience.

As Alarm.com integrates CHeKT’s technology into its portfolio, both companies are poised to redefine the standards of video monitoring services, catering to the evolving needs of the security industry while aligning with the growing demand for intelligent, connected property solutions.