Residential and commercial technology providers SAVI Controls of Carrollton, Texas, and OliverIQ of South Jordan have announced a merger. The newly formed company will operate as SAVI iQ and plans to deliver the first AI-driven, cloud-based automation and support platform for the commercial and residential markets, according to a release from OliverIQ.

SAVI Controls services the commercial audio-visual market with a simplified, easy-to-program solution while OliverIQ has developed an AI-powered smart-home-as-a-service (ShaaS) platform engineered for service providers.

Terms of the merger were not disclosed. SAVI iQ will maintain offices in Please log in to see the rest of this story.