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


Follow Us

Join the newsletter!

Error: Please check your email address.

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

Featured

Slideshows

Tech industry comes together as Lexel celebrates turning 30

Tech industry comes together as Lexel celebrates turning 30

Leading figures within the technology industry across New Zealand came together to celebrate 30 years of success for Lexel Systems, at a milestone birthday occasion at St Matthews in the City.​

Tech industry comes together as Lexel celebrates turning 30
HP re-imagines education through Auckland event launch

HP re-imagines education through Auckland event launch

HP New Zealand held an inaugural Evolve Education event at Aotea Centre in Auckland, welcoming over 70 principals, teachers and education experts to explore ways of shaping and enhancing learning using technology.

HP re-imagines education through Auckland event launch
Reseller News ICT Industry Awards 2017 - Meet the winners...

Reseller News ICT Industry Awards 2017 - Meet the winners...

Reseller News honoured the industry’s finest on a standout evening for the New Zealand channel, recognising the achievements of established and emerging partners on a memorable night in Auckland.

Reseller News ICT Industry Awards 2017 - Meet the winners...
Show Comments