Sunday, 04 December 2016

Samsung snaps up connected home specialist SmartThings

By Nick Wood, Total Telecom
Monday 18 August 14

Korean electronics giant reportedly pays $200 million to ramp up its home automation push.

Samsung late Thursday agreed to acquire home automation specialist SmartThings in a deal reportedly worth $200 million. Founded in 2012, U.S.-based SmartThings offers a range of connected devices for the home, from light fittings and power outlets to door locks and motion sensors…

Samsung late Thursday agreed to acquire home automation specialist SmartThings in a deal reportedly worth $200 million. Founded in 2012, U.S.-based SmartThings offers a range of connected devices for the home, from light fittings and power outlets to door locks and motion sensors…

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