Aico, a leader in fire and CO detection systems, has bought Homelync, an award-winning ‘smart home’ integration and analytics company, with the two companies heralding the acquisition as an important milestone for housing providers looking for IoT-based connected solutions.
Neal Hooper, managing director, Aico, said, “Aico and Homelync is a perfect partnership, with Aico being the UK market leader in fire and CO detection and Homelync complementing this with its advanced data insight and analytics across housing environmental sensors including temperature, humidity, energy usage and gas boilers.
“Complementing Aico’s Gateway which provides real-time data insight into connected fire and CO alarms in a property, Homelync’s advanced machine learning and analytics of this consolidated data will provide our customers with state-of-the-art data insights across their connected properties.”
Luke Loveridge, CEO, Homelync, said, “Our vision is to harness new technologies to make social housing smarter, safer and more efficient. The strategic investment by Ei (Aico’s parent company) and the future close collaboration with Aico will help us accelerate that vision.
“The vendor-neutral, open sensor ecosystem we have developed is 100 per cent complementary to what Aico offers its customers today. Add to this our team with decades of experience in software, hardware, machine learning and local government, and we believe we have the ingredients for a successful partnership.”