About a month ago the news broke that Samsung may buy the popular home automation company SmartThings for $200 million. Today both companies officially announced that Samsung has acquired the other company.
SmartThings will work independently under Samsung’s Open Innovation Center group. On the official blog post, here’s what SmartThings said:
“We will continue to run SmartThings the way we always have: by embracing our community of customers, developers, and device makers and championing the creation of the leading open platform for the smart home,” Hawkinson wrote. “Our growing team will remain fully intact and will relocate to a new headquarters in Palo Alto, CA. In short: SmartThings will remain SmartThings.”
SmartThings is a limited product line up available for $99 which lets you connect different devices at your home to connect with your smartphone or tablet. It includes a SmartSense Motion Sensor, Multi Sensor and GE Light & Appliance Plug-and-Control Power Outlet. This is in fact the future of our homes. Every house will be connected to a smartphone. Because smartphones and tablets sales are increasing day by day so big tech companies are focusing more on homes now.
Now we’ll have to see if Samsung can give a hard competition to Apple and Google in smart home appliances.