Sub Markets

Property Sectors

Topics

Washington DC CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Washington DC & Mid-Atlantic  + DC Metro  | 

Brivo Acquires Smart Building Solutions Firm Parakeet Technologies

Bethesda-based security firm Brivo has acquired Parakeet Technologies, a provider of smart building solutions which include sensors, thermostats, wireless locks and lighting controls.

The companies had already been working together as partners, and now plan a deeper integration between their products, including a common user interface, unified billing, and bundled services. The acquisition accelerates Brivo’s push to enhance its in-building capabilities beyond its current access control, video and security.

“We saw Parakeet’s IoT platform as an ideal way to quickly bring Smart Office capabilities to our channel partners and end users,” said Steve Van Till, CEO at Brivo. “Parakeet has a great track record of providing highly reliable remote management to widely-dispersed properties, and they share our core values around customer service, cyber security, and innovation.”

For comments, questions or concerns, please contact David Cohen

Connect

Inside The Story

Connect With Brivo’s Van Till

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition