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Distributors Identify Hottest Product Categories for 2021

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Resideo acquires Norfolk to enhance data communication products

When the United Kingdom voted to leave the European Union, a world of uncertainty unfolded for those doing business in the UK and the EU. The referendum was passed in July 2016. Including subsequent delays, the separation was completed after four years in January 2020, with a transition period ending December 2020. Even with the deadlines past, there are still pockets of uncertainty stemming from the separation. We asked this week’s Expert Panel Roundtable: How has Brexit affected the security industry?
The transition to remote working has been a revelation for many traditional office staff, yet concerns over data security risks are rising. Mark Harper of HSM explains why businesses and their remote workers must remain vigilant when it comes to physical document security in homes. ....

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Resideo Acquires Regional Distributor Norfolk Wire & Electronics

Resideo Acquires Regional Distributor Norfolk Wire & Electronics
Acquisition enhances growing Data Communications product category within ADI Global Distribution
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AUSTIN, Texas, April 1, 2021 /PRNewswire/ Resideo Technologies, Inc. (NYSE: REZI) today announced it has acquired privately held Norfolk Wire & Electronics ( Norfolk ), based in Richmond, Va. Norfolk was founded in 1985 and is a leading regional distributor of security, telecom, network and audio-video (AV) related products, supplies and tools. With 11 full-service retail locations and a 43,000 sq. ft. distribution center, Norfolk serves customers across the mid-Atlantic region, and will be part of Resideo s ADI Global Distribution business, a leading wholesale distributor of security, AV and low-voltage products. ....

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