Jasco has acquired Zooz, a smart home technology company specializing in Z-Wave products, as part of a broader effort to expand its connected home business and strengthen its position with professional installers, distributors, developers, and consumers.
Financial terms of the transaction were not disclosed. Jasco plans to continue operating Zooz as a standalone brand while investing in its product development, customer experience, and future growth.
Zooz has developed a significant portfolio of Z-Wave products serving both do-it-yourself smart home users and professional installers. The company also offers what it describes as the largest Z-Wave Long Range product portfolio on the market.
Z-Wave Long Range is designed to provide greater wireless range, scalability, reliability, and local-control capabilities for connected devices. Jasco sees Zooz’s expertise in the technology as complementary to its existing smart home portfolio and particularly relevant to its growing business-to-business operations.
The acquisition will combine Zooz’s smart home expertise and product portfolio with Jasco’s product development resources, operational scale, distribution network, and marketing capabilities. Jasco plans to use those resources to accelerate new product development and broaden Zooz’s reach across consumer and professional channels.
Customers, dealers, and other partners are expected to see continuity across Zooz’s existing product lineup, customer support organization, and brand experience. Jasco said it intends to preserve the characteristics that have helped Zooz establish loyalty among smart home enthusiasts and professional integrators while increasing investment in the business.
The transaction is also part of Jasco’s broader strategic growth initiative, which includes investments in additional brands, technologies, product categories, and market opportunities across connected living.
Consistent with Jasco’s existing business model, the company will contribute 50% of its net profits generated by the Zooz brand to charitable causes. Jasco applies the same commitment across its other brands.
KEY QUOTES:
“Zooz has built an exceptional brand, earned tremendous loyalty from its customers, and consistently delivered innovative products that solve real needs in the smart home category. This acquisition aligns perfectly with our vision for the future. We are committed to preserving everything that has made Zooz successful while leveraging Jasco’s scale, resources, and industry expertise to accelerate growth, expand innovation, and create even more value for customers and partners.
The acquisition of Zooz is part of a broader strategic growth initiative underway at Jasco. We continue to invest in new brands, technologies, product categories, and market opportunities that strengthen our portfolio and reinforce our position as a leader in connected living solutions. We believe Zooz has tremendous untapped potential, and we are excited to help fuel its next chapter of growth.”
Jason Trice, Chief Executive Officer Of Jasco
“Choosing the right long-term home for Zooz was one of the most important decisions we could make. Throughout this process, we developed a deep level of trust and confidence in the Jasco team. Their leadership, market position, commitment to innovation, and customer-first culture made it clear they were the right organization to carry the Zooz mission forward.
Jasco brings the resources, capabilities, and vision necessary to elevate the Zooz brand to new heights while protecting the reputation and customer relationships we have worked so hard to build. I am excited about what this means for our customers, our products, and the future of Zooz. Together, we have an opportunity to accelerate innovation and bring even more meaningful smart home solutions to market.”
Agnes Lorenz, VP, Brand And Partnership Support
