MicroStrategy Inc. (MSTR) Tuesday revealed the sale of its majority-owned subsidiary, Alarm.com Incorporated, to a consortium of investors led by ABS Capital Partners. Alarm.com is a provider of web-enabled residential and commercial security and activity monitoring technology.
Resulting the sale, which was consummated on February 13, 2009, MicroStrategy received $27.7 million in cash in exchange for all of its ownership interest in Alarm.com, for the working capital of Alarm.com Incorporated.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.