Resideo (REZI) Technologies announced that it sold its Grid Services demand response business, that primarily caters to utility clients, to EnergyHub, a provider of grid-edge flexibility solutions. This divestiture will enable Resideo to better focus on its core strategy to be a leader in residential controls and sensing products serving its professional contractor and integrator customer base. After the transaction, Resideo will continue to be able to control and maintain energy loads in the home through integrations between its thermostats and other products and third-party demand response platforms. The terms of the transaction were not disclosed. This divestiture has no material impact on Resideo’s 2025 financial outlook that was provided on November 5, 2025.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REZI:
- Resideo management to meet with Citizens JMP
- Resideo Technologies’ Earnings Call: Record Highs and Strategic Challenges
- Resideo Technologies: Buy Rating Affirmed Amid Transitory Challenges and Future Value Unlocking
- Resideo says 2026 outlook anticipates y/y growth in organic revenue, adj. EBITDA
- Resideo Technologies Reports Strong Q3 2025 Results
