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Samsung agrees to buy SmartThings

Posted: 15 Aug 2014     Print Version  Bookmark and Share

Keywords:IoT  OIC  smart home  SmartThings 

[Summary of tips] Samsung has entered into an agreement to buy SmartThings, an open platform for the smart home and the consumer Internet of Things (IoT). Although terms have not been disclosed yet, Re/code sources say that the South Korean company paid $200 million.SmartThings supports an open and growing ecosystem of developers, who are produc......
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