Salt Lake City – Home-automation supplier Control4 acquired Australia-based Leaf so it can offer all of Leaf’s distributed-A/V products to its dealers worldwide, Control4 announced.
Control4 previously distributed select Leaf products to its North American dealers.
Through the $9 million cash transaction, Control4 said it “is now in a better position” to offer a broader array of Leaf products, gain market share in the growing A/V category, and “leverage Leaf's valuable engineering expertise to develop new and innovative A/V entertainment solutions.”
The Leaf product-development team in Melbourne will work with Control4 engineering teams in Salt Lake City and San Jose to create new products.
With Leaf products, A/V content from any source can be sent to any TV within the home without the need for a separate video source for each TV, such as cable boxes, satellite receivers and streaming devices.
Said Control4 chairman/CEO Martin Plaehn, "Offering the entire Leaf product line to our network of independent dealers will introduce the benefits of distributed-video content to many more homeowners around the world, and by combining our engineering talent, we can accelerate the development of new entertainment experiences for our customers."