Scout Security to acquire Roo Inc. in merger of equals
SYDNEY: Scout Security Ltd. (ASX: SCT), a white-label security-as-a-service platform, announced Wednesday it has entered into a binding agreement to acquire New York-based DIY home security innovator Roo Inc. in a merger of equals. The deal, valued at approximately A$7.11 million, will combine Scout’s technology with Roo’s product suite, intellectual property, and distribution partnerships. The…