NEW YORK, June 26, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Alarm.com (Nasdaq:ALRM), the leading platform solution for the connected home, commenced on The Nasdaq Stock Market on June 26, 2015.
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Alarm.com's cloud-based services make the connected home broadly accessible to millions of home and business owners, enabling them to intelligently secure their properties and automate and control a broad array of connected devices through a single, intuitive user interface. Alarm.com is the leading platform solution for the connected home and offers easy installation, rapid troubleshooting, exceptional customer support and seamless upgrades.
"Alarm.com brings extensive knowledge and products to the rapidly growing 'internet of things' industry, ensuring the safety of our homes and businesses," said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. "We are thrilled to welcome Alarm.com to the Nasdaq family, and look forward to supporting the company as it continues to grow and provide meaningful Smart Home solutions to its customers."
By listing on Nasdaq, Alarm.com joins many of the world's largest and most innovative companies. Nasdaq is the exchange of choice for 72 percent of technology companies that have listed on the U.S. markets.
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Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of approximately $9.5 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
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Source:The NASDAQ OMX Group, Inc.