Resideo Sells Grid Services Demand Response Business To Alarm.com's EnergyHub To Refocus On Core Residential Controls And Sensing Products; The Terms Of The Transaction Were Not Disclosed

  Resideo Technologies, Inc. (NYSE:REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential end-markets, today announced that it sold its Grid Services demand response business, that primarily caters to utility clients, to EnergyHub, a leading provider of grid-edge flexibility solutions. This divestiture will enable Resideo to better focus on its core strategy to be a leader in residential controls and sensing products serving its professional contractor and integrator customer base. After the transaction, Resideo will continue to be able to control and maintain energy loads in the home through integrations between its thermostats and other products and third-party demand response platforms.

EnergyHub's platform is trusted by more than 120 utilities, which collectively serve more than 55 million customers. The acquisition of Resideo Grid Services scales EnergyHub's ability to help utilities manage connected devices including thermostats, electric vehicles, and batteries from a single Edge Distributed Energy Resource Management System (DERMS), supporting reliable, affordable service for every utility customer.

Dave Oberholzer, General Manager at Resideo Grid Services, said, "I am extremely proud of the innovation, customer partnerships, and strong reputation our Grid Services team has built. By joining forces with EnergyHub, we will be able to offer our utility clients a broader ecosystem of DERs and leverage our winning platforms and talented team to accelerate the transition to a carbon-free grid."

The terms of the transaction were not disclosed. This divestiture has no material impact on Resideo's 2025 financial outlook that was provided on November 5, 2025.

Resideo intends to use the proceeds from the sale for general corporate purposes in accordance with its previously stated capital allocation priorities.