Samsung Acquires Smart Home Start-up SmartThings

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In a move to compete against Apple and Google in the Home Automation space, Samsung has acquired SmartThings, a start-up app that turns your smartphone into a remote to control all of the smart devices in your home. Initially started as a Kickstarter project, SmartThings offers a ‘hub’ for a one-time cost of $99, that connects different sensors, locks, light switches, outlets, thermostats, and other compatible devices in your home.

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