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According to foreign media reports, Samsung has acquired SmartThings, a smart home startup. Although the two parties have not announced the details of the acquisition, the source disclosed that this is the largest acquisition made by Samsung in the United States, with a purchase amount of $ 200 million.
Samsung said that after the acquisition, SmartThings will still operate independently, and its founder and CEO Alex Hawkinson (Alex Hawkinson) will continue to manage the company. However, the SmartThings headquarters will be transferred from Washington to Samsung ’s Open Innovation Center Group in Silicon Valley. The company's 55 employees will also be transferred to a new office location to continue research and development in the field of Internet of Things.
The business scope of SmartThings is to develop smart homes that can be controlled by mobile phone applications, such as smart light bulbs, motion sensors, smart switches, and smart locks. In addition, the Internet of Things company sells motion sensors, power control units, control hubs, and more. Unlike other IoT companies, SmartThings has an open platform where developers can create their own applications to control SmartThings hardware products.
In an interview, the CEO of SmartThings said: "I think it is time for the company to develop. I believe that with the help of Samsung ’s strong global reach, we will develop more applications and integrate our Expand into retail. "
The editor-in-chief of the GO GO Residence in Suzhou has compiled and reported the source from the Internet.
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