Scout Security Ltd (ASX:SCT) has signed a non-binding letter of intent (LOI), proposing an acquisition of Roo Inc as a “merger of equals.” Scout – a home security provider which is also partnered with Amazon Alexa and Google Assistant – expressed interest in combining with Roo, the holding company for New York-based DIY home security technology company Kangaroo. The deal would be advantageous to both due to the similar synergies of the companies – both provide a security service connecting security hardware to a smartphone monitoring app. For Scout, the attraction of going into business with K…