Arlo Partners With Calix For Distribution Of Smart Home Security Products

Internet-connected camera brand Arlo Technologies Inc ARLO expanded the availability of its products and services through its strategic partnership with Calix Inc CALX, a provider of cloud and software platforms, systems, and services.
Calix will offer Arlo Secure as a premium service offering for broadband providers (BSPs) within EDGE Suites, the cloud-enabled ecosystem of applications available as part of the total Revenue EDGE solution.
The offering leverages the integration of Arlo Secure into the Calix Cloud platform, enabling BSPs to onboard and manage new subscribers through existing billing platforms.
The new offering will be available starting August 20, 2021.
Data shows that the self-installation of DIY security systems is rising, making up 55% of the market in 2020, up from 40% in 2018.
Price Action: ARLO shares are trading higher by 2.60% at $5.725, and CALX is trading higher by 0.57% at $43.75 on the last check on Wednesday.