Samsung announced on Thursday that it has acquired SmartThings, an open platform for smart home devices.
David Eun, head of Samsung’s Open Innovation Center (OIC), shared that they initially planned to offer partnership with SmartThings, but eventually decided that acquisition is the way to go. He added that the company wanted to invest in improving the Internet of Things and innovating convenient smart appliances.
Despite the acquisition, SmartThings will continue to operate independently, but will move its head office to another location.
CNet reports, “The company’s headquarters will move from Washington, D.C., to OIC’s base in Palo Alto, Calif., and more than half of SmartThing’s 54 employees, plus Hawkinson, will head to California.”
Since the launch of SmartThings in 2012, it has capitalized on smart home technology. With its open platform that supports 1,000 devices and 8,000 apps, it continues to work on Android and iOS operating systems. Its brand has tremendously grown since its conception and has established solid partnerships with companies, such as Belkin, Sons and Philips.
Samsung aims to be the “world’s biggest home appliances maker” by 2015. Eun acknowledges SmartThings’ contributions will be an added asset to Samsung’s continued development of Internet of Things software, services, and devices.
“The efforts we had before will absolutely continue at Samsung, but there are great opportunities to strengthen SmartThings,” he said.