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Samsung acquires SmartThings a home automation start-up
Samsung acquires SmartThings a home automation start-up

Samsung acquires SmartThings a home automation start-up

The South Korean electronics giant Samsung acquires SmartThings for an undisclosed amount (via: SmartThings Blog). SmartThings is a Washington based home automation start-up. SmartThings will continue to working independently within Samsung’s Open Innovation Center group.

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“We believe that there is an enormous opportunity to leverage Samsung’s global scale to help us realize our long-term vision. While we will remain operationally independent, joining forces with Samsung will enable us to support all of the leading smartphone vendors, devices, and applications; expand our base of developers and enhance the tools and programs that they rely on; and help many more people around the world easily control and monitor their homes using SmartThings.” said SmartThings co-founder and CEO Alex Hawkinson on the blog of the company.

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SmartThings will be moving from Washington DC to a new HQ which is actually Samsung Open Innovation Center in Palo Alto, CA.

Connecting devices centrally for a “Smart-Home” has been high on radar of not just of Samsung but also players like Apple and Google too. Now, having SmartThings on the team will make Samsung all the more confident in realizing this goal. Let’s wait and watch the level of sync-up that the two companies will do build Smarter Homes.

Source: Blog.smartthings.com

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