Samsung Enters The Automated Home Race - To Purchase 'SmartThings' For $200 Milion

Automated homes seem to be next big thing nowadays. With the way investments and plans seem to be going right now, it seems that in the upcoming future we'll be interacting with our homes the same nosotros nosotros interact with our smartphones. We already covered Google'south NEST in detail for you previously. With the technology Google is pursuing in NEST, pretty shortly your business firm will set the temperature and wash your clothes before you've even entered your garage. Well Samsung doesn't want to be left backside in the race either. According to techcrunch, Samsung is in negotiations to purchase SmartThings for a whooping $200 Million. The deal appears to be in its final stages as of yet. Past bringing SmartThings under it's fly, looks like Samsung is hoping to go alee of Google's NEST in the race for automatic homes.

Samsung To Acquire Kickoff-Upward SmartThings For $200 Million - No Deal Announced Officially Yet

SmartThings is a two year quondam startup and allows you to connect your abode devices to a arrangement controlled by your mobile phone. The startup prior to Samsung'south talks has already managed to raise a hefty $xv Million from various investors. SmartThings sells kits which are centered around a central Wi-Fi hub. These are coupled with a multifariousness of devices and appliances. These include smart locks, motion, temperature and locations sensors coupled with alarms and power outlets. All of these become available to you direct on your smartphone, Android or iOS.

This, coupled with Google's NEST ends upward contributing to the larger 'internet of things' concept. Through the internet of things the non for turn a profit Thread Group aims to create a platform where connected devices volition have the ability to deeply communicate with each other. Sounds very futuristic indeed. And to exist the first ones to reach this future is all that Samsung, Google or fifty-fifty Apple want. With smart homes and home automation enabled, these corporations will terminate up getting access to unprecedented levels of data. Which of form, volition be used to sell more products. How information technology all turns out is yet unknown. Let united states know what you lot thing virtually the futurity of home automation in the comments box. Cheers!

Source: https://wccftech.com/samsung-enters-automated-home-race-purchases-smartthings-200-milion/

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