Xten-AV secures strategic investment from ADI

Xten-AV secures strategic investment from ADI
Xten-AV, a provider of pro-AV design and proposal software, has received a minority investment from Resideo Technologies.

Resideo is a global manufacturer and developer of technology-driven products that provide comfort, energy management, and safety and security systems. Resideo is also a global distributor of security, life safety, AV and low-voltage products through its ADI Global Distribution business.   

"We continue to see Pro AV as a growth category, and we're investing in technology to help drive the industry forward," said Stu Tisdale, SVP and CEO, ADI Global Distribution. "We recognise the value Xten-AV's platform delivers, and we're excited to support them to advance their software platform and help deliver greater impact to customers."