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Samsung Acquires SmartThings

July 15, 2014 By Steve Borsch

smartthings-circle-homeUPDATE: The deal is done.

Techcrunch’s Alexia Tsotsis (@alexia) reported this one hour ago:

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.

(Update: The deal is not done yet, says another.)

Read more at Techcrunch…

Filed Under: Internet of Things - #IoT

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