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SmartThings

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was extensively damaged by water pipes that first froze and subsequently burst resulting in some $ 80,000 worth of damage. Hawkinson noted that he could have prevented the damages had he known what was happening inside the house. Through 2011 and 2012, Hawkinson and his SmartThings co-founders worked
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and sensors. In June 2020, SmartThings' engineering head Mark Benson announced that SmartThings would pivot away from manufacturing its own hardware and instead focus on software. The company hopes to enlist other companies to manufacture and distribute SmartThings hardware. In October 2020,
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announced that it had reached an agreement to acquire SmartThings. The financial terms of the deal were never publicly disclosed but were estimated as high as $ 200 million by some trade publications at the time.
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will take over its European hardware line. In December 2020, Aeotec revealed that it would also manage the SmartThings hardware portfolio throughout Australia, Canada, the United Kingdom, and the United States.
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campaign which the developers launched in September 2012 and that would go on to secure US$ 1.2 million in backing, making it the second largest, smart-home focussed crowdfunding project to date.
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Founded in 2012, it focuses on the development of eponymous automation software and an associated array of client applications and cloud platforms for smart homes and the consumer
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Raising $ 3 million in a December 2012 seed funding round, SmartThings would go on to commercially launch its products in August 2013 before raising a further 12.5 million in a
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SmartThings was conceived by co-founder and once-CEO Alex Hawkinson in the winter of 2011. Hawkinson tells that his family's unoccupied mountain house in
1125: 653: 481: 1577: 935: 1547: 1439: 1115: 1552: 418: 331: 1445: 1010: 676: 851: 595: 569:"SmartThings Closes $ 3M Seed Round, Led By First Round Capital, Launches Competition To Grow Community Of Smart Object Developers" 988: 1567: 1070: 993: 983: 978: 703: 1045: 753: 192:. SmartThings cites its platform as having 62 million active users, a number it claims increased 70% through 2019 and 2020. 1497: 1100: 1120: 1003: 391: 1095: 449: 293: 1537: 1483: 844: 802: 775: 1015: 735: 541: 1085: 1060: 1055: 1035: 1020: 968: 365: 1030: 1402: 915: 511: 1572: 178: 119: 1522: 1460: 1336: 1080: 623:"SmartThings, the "Internet of Things" Company That Connects the Gadgets in Your Home, Launches Its Own Store" 271:"Aeotec builds upon its industry leading portfolio of smart home products through agreement with SmartThings" 1450: 998: 708: 1455: 649: 209:
of their desired solution to such problems. That prototype would go on to form the basis of a successful
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Initially SmartThings produced a suite of custom hardware and software services, including
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As of February 2021, SmartThings develops software and cloud services.
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Australia, Canada, Europe, New Zealand, United Kingdom, United States
1331: 1321: 1234: 1148: 332:"Why Samsung's SmartThings arm is pivoting entirely into software" 1266: 1110: 840: 831: 803:"SmartThings will kill legacy features to make a smarter home" 157: 736:"Samsung snaps up SmartThings, embracing Internet of Things" 754:"SmartThings Acquired By Samsung For Around $ 200 Million" 419:"SmartThings founder sees a limitless Internet of Things" 392:"SmartThings will let you run your world by smartphone" 512:"Take A Tour Of THE Smartest Home In America (VIDEO)" 264: 262: 1431: 1385: 1254: 1157: 1136: 958: 888: 677:"Kickstarter Hit Lands $ 12.5M From Silicon Valley" 152: 140: 130: 114: 82: 64: 54: 44: 704:"Samsung reaches Deal to Buy Startup SmartThings" 505: 503: 450:"A digital maestro for every object in the home" 852: 776:"SmartThings and Aeotec – A Connected Family" 8: 1533:Companies based in Mountain View, California 30: 475: 473: 471: 1543:American subsidiaries of foreign companies 859: 845: 837: 351: 349: 181:. Since August 2014 it is a subsidiary of 36: 29: 325: 323: 321: 258: 1528:American companies established in 2012 936:Samsung Strategy and Innovation Center 542:"SmartThings: Make Your World Smarter" 1440:Apple Inc. v. Samsung Electronics Co. 801:Higginbotham, Stacey (25 June 2020). 306:from the original on 30 December 2014 7: 1493: 742:from the original on 16 August 2014. 417:Thibodeau, Patrick (26 March 2014). 1563:Android (operating system) software 782:. SmartThings, Inc. 16 October 2020 683:from the original on 21 August 2014 629:from the original on 21 August 2014 1446:Samsung Global Scholarship Program 567:Lomas, Natasha (4 December 2012). 510:Toscana, Samantha (30 June 2014). 398:from the original on 2 August 2014 25: 656:from the original on 14 July 2014 648:Lawler, Ryan (12 November 2013). 548:from the original on 14 July 2014 522:from the original on 10 July 2014 488:from the original on 19 July 2014 480:Lee, Adriana (17 February 2014). 1492: 1479: 1478: 949: 602:from the original on 7 July 2014 575:from the original on 6 July 2014 456:from the original on 31 May 2014 429:from the original on 7 July 2014 368:from the original on 9 July 2014 716:from the original on 2014-08-17 1: 1578:2014 mergers and acquisitions 356:Frizell, Sam (26 June 2014). 220:funding round in late 2013. 1548:Internet of things companies 756:. Techcrunch. 15 August 2014 1553:Kickstarter-funded products 241:SmartThings announced that 70:; 12 years ago 27:American technology company 1594: 916:Samsung Telecommunications 702:Don Clark (Aug 14, 2014). 1474: 947: 876: 179:Mountain View, California 177:company headquartered in 120:Mountain View, California 35: 1461:Samsung Galaxy (esports) 738:. CNET. 14 August 2014. 679:. Twin Cities Business. 1451:Suwon Samsung Bluewings 709:The Wall Street Journal 1568:Windows Phone software 1456:Seoul Samsung Thunders 965:Central South America 390:(15 September 2012). 232:Products and services 901:Harman International 1538:Samsung Electronics 869:Samsung Electronics 225:Samsung Electronics 183:Samsung Electronics 147:Samsung Electronics 32: 18:Samsung SmartThings 1466:Samsung and unions 1372:Samsung Experience 1071:SRA-Silicon Valley 334:. 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Index

Samsung SmartThings

Subsidiary
Home automation
Mountain View, California
Parent
Samsung Electronics
www.smartthings.com
home automation
Mountain View, California
Samsung Electronics
Internet of things
Colorado
prototype
Kickstarter
Series A
Samsung Electronics
smart home hubs
Aeotec


"Aeotec builds upon its industry leading portfolio of smart home products through agreement with SmartThings"
"Samsung Acquires SmartThings, A Fast-Growing Home Automation Startup"
Forbes
Archived



"Why Samsung's SmartThings arm is pivoting entirely into software"

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