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Control4 Corporation

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Control4 Corporation - Semiconductor showcase

Year Founded & Workforce

2003

1,492 Employees

Industry

Semiconductor

Services

Smart LightingSmart BuildingGlobal Smart Building Market
C

Control4 Corporation Employee Contacts

3 verified contactsNames, job titles, seniority and locations

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Control4 Corporation Overview

Company Headquarters: US

Founded: 2003

Workforce: ~1,492

Company Working: Control4 Corporation offers customized networking and automation services to homes and businesses alike. The company’s product portfolio includes controllers, touch screens, wireless keypads, dimmers, switches, outlets, amplifiers & receivers, thermostats, remotes, cameras, locks, panels, routers, lighting modules, and speakers. The company solution offered includes the Control4 home operating system and associated application software, and software development kits (SDKs). The company offers its products to consumers, businesses, hotels, and consumer electronics companies. Control4 Corporation has a strong distribution channel with approximately 5700 retailers, distributors, and custom integrators to market its products in 100 countries. The company has a presence in England, China, India, Serbia, Australia, and California. In 2019, Control4 Corporation was merged with SnapAV.

Strategy

Control4 Corporation focuses on an inorganic growth strategy. The company believes in acquisitions and mergers to expand its product offering and increase its geographic reach. The company also focuses on research and development to innovate its product and service offered. The company also aims at expanding its distribution network worldwide.

Company Snapshot

$590M

Revenue

1,492

Employees

2003

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Wide product portfolio
  • Diversified geographic presence
  • Strong distribution network

Weaknesses

  • Downturn in economic or market condition for instance real estate market

Opportunities

  • Growing need for automation in building infrastructure

Threats

  • Intense competition
  • Foreign currency exchange rate fluctuations

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Key Developments

DateApproachDevelopment
February 2019AcquisitionControl4 Corporation acquired Switzerland-based NEEO, the manufacturer of the smart home remote, to accelerate its leadership in delivering remotes, touch panels, keypads, and other smart home devices.
September 2018Product DevelopmentControl4 Corporation launched a new Control4 KNX solution integrated with KNX support. Integrating KNX products with Control 4 helps in increasing Control4’s product base. The new product line offers enhanced smart home experience in countries such as Australia, China, Germany, Singapore, and the UK.
September 2018Product DevelopmentControl4 released the latest version of Control 4 OS version 2.10.4. The latest version offers native streaming services which enhance the music streaming experience and provide personalization choices for homeowners.
January 2018AcquisitionControl4 Corporation acquired intellectual property and key operating assets of Texas-based IHIJI, Inc., a provider of remote management services. By combing both the companies’ network and device management solutions into one unified service platform, Control4 provides thousands of professional integrators with powerful device monitoring and management capability to efficiently and proactively support their connected devices.
September 2017Product LaunchControl4 Corporation introduced Pakedge WR-1 with BakPak Lite, a high-performance integrated network router and wireless access point with built-in cloud-based network management to provide network stability and better performance.
February 2017Product LaunchControl4 Corporation introduced a Square Dual Load Wireless Dimmer and Square Dual Load Wireless Switch to smart lighting portfolio to enable dealers around the world to leverage the ZigBee wireless lighting solution for all projects, existing and new constructions.
May 2021AcquisitionSnapAV acquired Access Networks, the acquisition will broaden SnapAV’s networking portfolio with new products and managed services including system design, configuration, monitoring, and support.
August 2020PartnershipSnapAV made a strategic distribution partnership with audio component manufacturer Parasound to make 41 Parasound products available to SnapAV customers.
June 2020Product LaunchSnapAV launched Pakedge MS Series Layer 3 Managed Switches with OvrC. The MS Series is built for professionals and includes five new models engineered to deliver ultimate performance and reliability for today’s high-bandwidth applications.

Product Offering

  • Control4 Corporation
    • Smart Lighting
    • Smart Building
    • Global Smart Building Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 0.6 Mn in 2019 to USD 1 Mn in 2021.
Control4 Corporation — By Business Segment
Series (USD Mn)201920202021
Sales0.60.81

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