Davis Polk is advising Comcast Corporation on its acquisition of Icontrol Networks, Inc. The transaction is expected to close by the end of 2016 and is subject to customary closing conditions, regulatory approvals as well as the closing of Alarm.com’s acquisition of Icontrol’s “Connect” and “Piper” business units.

Comcast is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable offer a variety of cable services, including broadband, video, voice and home security, over its cable distribution system to residential and business customers. Icontrol creates technology and platforms for connected home security and the Internet of Things, including the “Converge” platform which powers Comcast’s Xfinity Home touch-screen panel and back-end servers.

The Davis Polk corporate team includes Managing Partner Thomas J. Reid and associates Daniel Brass and Gary Pong. Partner David H. Schnabel and associates Kay Ng and Koonho Cho are providing tax advice. The executive compensation team includes partner Kyoko Takahashi Lin and associate Tricia E. Walsh. Partner Frank J. Azzopardi and counsel David R. Bauer are providing intellectual property and technology advice. All members of the Davis Polk team are based in the New York office.
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