Resideo recently announced its acquisition of Snap One, a distributor of smart-living technology, in a deal valued at approximately $1.4 billion. The acquisition will combine Snap One’s capabilities for smart living integrators with [Resideo’s] complementary position in adjacent security products distribution. It comes at a time when consumers are increasingly embracing smart home technologies. In response, the tech industry has mobilized efforts to safeguard consumer privacy and mitigate potential cyber threats.