“Google has Nest, Apple has HomeKit and Samsung has… SmartThings, we’re hearing. The deal was completed for around $200 million dollars, though it might have been less according to one source.” – TechCrunch

SmartThings Product

 

Samsung most likely bought the startup to get out ahead of Google’s Nest efforts. With this buy, Samsung obtains a mature home automation platform that just needs some marketing help. And Samsung has a hefty marketing budget.

The larger arena at work here is the millions of connected devices that will populate our world — commonly referred to as the internet of things. In a nearly inevitable future where every device in our home has a live connection to the web, and can be controlled by our devices, device manufacturers are the ones most uniquely poised to offer holistic solutions to consumers.

The proof is here, it’s the age of the connected home and this is something dealers need to be thinking about. That’s why we created Helix, it’s your answer to the connected home—and it’s cost effective and conveniently easier for consumers. Whether Helix is your answer or not, addressing the desire for home automation is something that is vital to play in today’s marketplace.

Read the full article on TechCrunch here.

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