Update from Raphael
Precisely two years ago we announced that our Swiss-Californian startup NEEO was acquired by the (back then NASDAQ traded) Control4 Corporation. The entire startup time was an unforgettable ride and the acquisition started a new chapter. Together with the absolutely exceptional team, I joined the merged company, in order to build an even stronger, larger organisation and to work and innovate in the professional smart home market.
Just a couple of month in, the entire company was acquired again, for an all-cash transaction of $680 millions by SnapAV, and with that step, the company went privat again. This was transformative for the professional installation industry and a super interesting time for everyone involved. I can definitively not complain. I signed up for adventures and adventures I got 😉
I’m thankful for that time, especially for all I learned and I’m super thankful to have worked with such an exceptional team. A couple of weeks ago, I decided to step down from my product & services executive role. I'm focusing on getting startups off the ground, and with that, I will not have an active role at SnapAV anymore. I will cheer from the sidelines, as a friend and investor though.
What I’m especially looking forward to, are the moments when all the wonderful projects, that our teams worked on, will become public. I can already tell you, there are some really exciting things coming up.
Important note and good news for the owners of the original DIY NEEO: As part of my deal, the company agreed to keep the servers of the original DIY product up for at least another two years until 2023. ❤️
The professional smart home industry needs more and strong startups. If you happen to know some crazy founders - send them my way.
Thank you to everyone who supported me in any ways during these last crazy chapters.