Menu
Samsung buys SmartThings in ambitious push to connect your home

Samsung buys SmartThings in ambitious push to connect your home

SmartThings makes a mobile app and a software platform for controlling household objects

Samsung has agreed to buy SmartThings, a two-year-old startup that makes software to connect household objects and let them be controlled from afar via smartphone.

The deal, announced Thursday, gives Samsung a solid foothold in the burgeoning "Internet of things" market. IoT generally involves connecting objects such as cameras, sensors and appliances using a wireless Internet connection and controlling them or collecting data.

"SmartThings supports an open and growing ecosystem of developers, who are producing new types of connected devices and unique apps in the cloud that change how everyday objects work," Samsung said in a press release.

Terms were not disclosed, but a report in Re/code cited a roughly US$200 million price tag. Samsung did not immediately respond to a request for comment.

SmartThings makes a mobile app for controlling a range of devices, as well as a software platform for outside developers and device makers. Samsung has become active in this area with its Tizen mobile operating system, which is designed to let consumers control utilities and appliances with their smartphones and other mobile devices.

The acquisition should broaden Samsung's efforts and let it expand the SmartThings platform to more partners and devices.

SmartThings will operate independently under SmartThings CEO Alex Hawkinson but will move from Washington, D.C., to Samsung's Open Innovation Center in Palo Alto, California, where Samsung works on bringing new types of software applications to its hardware.

"While we will remain operationally independent, joining forces with Samsung will enable us to support all of the leading smartphone vendors, devices, and applications," Hawkinson said in a blog post.

IoT activity has heated up over the past year. In a high-profile move earlier this year, Google announced its acquisition of Nest, the smart thermostat maker, for $3.2 billion.

SmartThings got its start on Kickstarter.

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com

Subscribe here for up-to-date channel news

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags business issuesSmartThingsInternet-based applications and servicesconsumer electronicsSamsung ElectronicsinternetMergers and acquisitions

Featured

Slideshows

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards

Revealed at a glitzy bash in Sydney at the Ivy Penthouse, the first StorageCraft Partner Awards locally saw the vendor honour its top-performing partners with ASI Solutions, SMBiT Pro, Webroot, ACA Pacific and Soft Solutions New Zealand taking home the top awards. Photos by Maria Stefina.

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards
Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip

Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip

​Synnex and Lenovo hosted 18 resellers for an action-packed weekend adventure in RotoVegas, taking in white water rafting on the Kaituna River, as well as quad biking and dinner at Stratosfare​, overlooking Lake Rotorua at the top of Mount Ngongotaha​. Photos by Synnex.

Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip
Show Comments